Reference is made to the Company's announcement dated 6 April 2026 and 13 April 2026. Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the previous announcements.
The Board of Directors of the Company ("Board") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 7 May 2026 decided to:
(a) dismiss the Company's appeal for an extension of time until 7 November 2026 to finalise and submit the regularisation plan to the relevant authorities for approval; and
(b) de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirements.
In the circumstances, please be informed that the securities of the Company will be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date hereof, i.e. on 12 May 2026.
With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities will be withdrawn from Bursa Depository by the Company upon the de-listing of the securities from the Official List of Bursa Securities. The Company will continue to update and maintain the shareholders' information in their Register.
Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company's performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. The interests and rights of the shareholders will remain safeguarded under the Companies Act 2016.
This announcement is dated 8 May 2026.