“Unless otherwise stated, the terms used in this announcement shall carry the same meaning as defined in the Company's announcement dated 22 September 2020.”

We refer to the announcement dated 22 September 2020 and the letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 23 September 2020 with reference number IQL-23092020-00003 requesting for the following additional information on the Sales Contract awarded to NVSB for the supply of disposable nitrile examination gloves.

1. The expected dates of receipt of money from the Customer for the First Tranche and Second Tranche respectively.

The receipt of money for Tranche 1 is expected in week beginning 28 September 2020 whilst the receipt for Tranche 2 is expected in week beginning 12 October 2020 as per Customer’s timing.

2. The name of the Customer.

Customer is named SARL S Group International who is recommended by the French Ministry of Solidarity and Health (sighted in a letter dated 27 July 2020 signed by the French Ministry Director General) and also through an endorsement of the Malaysian Embassy, France so the Customer is known to official channels of both the French government and the Malaysian Embassy.

The Sales Contract is further witnessed and signed by the Malaysian Embassy France.

3. Details of where and who NVSB/NOTION is sourcing the gloves from, to fulfill the Sales Contract.

The Sales Contract is for the gloves to be sold ex Works Malaysia and transferred over to the Customer’s nominated forwarder and that is completion of sale as evidenced by Delivery Notes acknowledgement as confirmation of delivery of goods.

The source is from a reliable glove manufacturer based in Malaysia through a third party allocation holder.

NVB is seeking consent from the said party to reveal source of manufacturer and until consent is obtained, it is confidential and covered under NDA (Non-Disclosure Agreement) and it may also require allocation holder to obtain consent from manufacturer.

Orders will only be effected with supporting Customer’s Proof of Fund which is in progress and on a best effort basis. NVB has sighted the remittance note dated 23 September 2020 from Customer’s Barclays Bank for partial remittance of transaction amount. The remittance is expected to be in our bank account within 48 hours of remitting.

The Company will provide further updates upon completion of the transactions.

NVB has disclosed as much risks and details of the trade transaction as possible and investors should take into consideration all the risk factors in their investment decisions.

This announcement is dated 24 September 2020.