The Board of Directors of Warisan TC Holdings Berhad (“the Company”) wishes to announce that Angka-Tan Motor Sdn Bhd (“ATM”), a wholly-owned subsidiary of the Company, has on 1 July 2020 entered into Vehicle Technology Licensing Contract with Jiangling Motors Corporation, Ltd. (“JMC”) to formalise the collaboration between ATM and JMC, whereby JMC will grant ATM a sole and non-transferable right to manufacture, assemble and sell pick-up vehicle of Yuhu7 series model and its components in Malaysia.

Please refer to the attached file for the full text of the announcement.

This announcement is dated 1 July 2020.