The Board of Directors of AEM is pleased to announce that, AE Multi Industries Sdn. Bhd. (“AEMI”), a wholly-owned subsidiary of AEM, had on 2 December 2020 received a letter of award from Fintec Glove Sdn. Bhd. on the contract of Engineering, Procurement, Construction and Commissioning of a turnkey Glove-manufacturing factory (“Contract”).

Details of the Contract are set out in the attachment below.

This announcement is dated 2 December 2020.