The Board of Directors of Plastrade wishes to announce that Plastrade proposes to change its name from "Plastrade Technology Berhad" to "Artroniq Berhad" ("Proposed Change of Name").

The name "Artroniq Berhad" had been approved and reserved by the Companies Commission of Malaysia for the Company. The Proposed Change of Name is subject to the shareholders' approval at the Extraordinary General Meeting of the Company.

A Circular to Shareholders containing details of the Proposed Change of Name will be despatched later.

This announcement is dated 28 August 2020.