Reference is made to the announcements made on 25 September 2019 ("Date of Listing") and subsequent on 25 August 2022, 24 August 2023 and 22 August 2025 pertaining to the further extension of time for the utilisation of proceeds raised from the Initial Public Offering ("IPO").

The Board of Directors of the Company ("the Board") wishes to announce that the Company proposes to undertake the Extension made pursuant to Rule 8.24 of the ACE Market Listing Requirements. 

As at the date of this announcement, the Company has yet to fully utilised the IPO Proceeds which were initially intended to be utilised within the timeframe. 

Please refer to the attachment for the details of the announcement.

This announcement is dated 21 August 2026.