We refer to the announcements issued on 25 February 2019, 6 March 2019, 9 April 2019, 18 April 2019, 3 May 2019, 23 May 2019, 3 June 2019, 21 June 2019, 31 July 2019, 20 August 2019, 8 October 2019, 20 December 2019, 21 January 2020, 17 February 2020 and 28 February 2020 in relation to the abovesaid Construction Court Suit and Civil Court Suit (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meanings stated in the Announcements.

The Company wishes to announce the following updates based on the case management held on 2 March 2020 for the Construction Court Suit.

Construction Court Suit

The case managements were held on 5 March 2019, 29 March 2019, 4 April 2019, 17 April 2019, 2 May 2019, 23 May 2019, 31 May 2019, 20 June 2019, 20 August 2019, 20 January 2020, 17 February 2020, 26 February 2020 as well as 2 March 2020 and the hearings were held on 31 May 2019, 19 June 2019, 7 October 2019 and 18 December 2019.

On 17 January 2020, the Plaintiff filed an appeal on the part of the Judge’s decision where only the Adjudicated Sum is to be paid excluding the Adjudication cost of RM44,000.90 and the case management is fixed on 2 March 2020. Following the case management held on 2 March 2020, the Court then fix a subsequent date for case management on 31 March 2020 for parties to file the Record of Appeal. Both the Plaintiff and the 2nd Defendant's appeal will be heard together.

As at the date of this announcement, there are no material developments in relation to the Civil Court Suit. Any further material developments to the abovementioned Construction Court Suit and the Civil Court Suit will be announced as and when these developments materialise.

This announcement is dated 3 March 2020.