The Board of Directors of SALUTICA (the "Board") wishes to announce that Salutica Allied Solutions Sdn. Bhd., a wholly-owned subsidiary, will be undertaking a rationalisation of its workforce ("Exercise").
This Exercise forms part of the Group's ongoing efforts to optimise operational efficiency and preserve long-term sustainability. The decision was made following a comprehensive review of the Group's operational efficiency, prevailing market conditions, and long-term sustainability. The Exercise is intended to streamline operations, merge functions, eliminate redundancies, enhance the Group's cost structure and overall financial performance, and to better align the Group's cost structure with current market demand.
Please refer to the attachment for the full details of the announcement.
This announcement is dated 29 April 2026.