AT Systematization Berhad (“ATS” or the “Company”) is pleased to announce that its wholly owned subsidiary, AT Glove Engineering Sdn. Bhd. (“AGESB”) has on 10 August 2020 entered into a supply contract with Ripcol Engineering Sdn. Bhd. (Company No. (201501003548 (1128880-M)) (“RESB”) to engage RESB as AGESB’s contractor for the design, fabrication, installation, testing and commissioning a total of 6 production lines (“Works”) (“Letter of Award”). The Works include the setting up of 1 single former dipping line and 5 double former dipping line for the production of medical gloves (“Products”) (“Proposed Medical Glove Lines”).

The specifications of the glove-dipping lines are further detailed in the Letter of Award and the first glove-dipping lines is expected to be installed and commissioned by November 2020. Further information as set out in Section 5.2 of this announcement.

This announcement is dated 10 August 2020.