The Board of Directors of MB World Group Berhad (“MB world” or “the Company”) wishes to announce that the Company intends to seek its shareholders' approval on the following at the forthcoming Annual General Meeting of the Company to be convened:-

a) Proposed Renewal of Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and

b) Proposed New Shareholders’ Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature

(hereinafter referred to as "the Proposals")

A circular to the shareholders containing details of the Proposals will be despatched in due course to the shareholders of the Company together with the Annual Report of the Company for the financial year ended 31 December 2018.

This announcement is dated 27 March 2019.