The Board of Directors of EKA wishes to announce that the Company had received an Order from Vibrant Class Sdn Bhd (“the Applicant”) on 10 February 2021. The High Court of Malaya in Kuala Lumpur had granted an Order pursuant to Section 366 of the Companies Act, 2016 (“the Act”) to EKA and the following 7 wholly-owned subsidiaries:-

1. Kilang Bihun Bersatu Sdn Bhd
2. Bersatu Noodles Industries Sdn Bhd
3. Bersatu Biotechnology (Johore) Sdn Bhd
4. Kilang Bihun Bersatu (East Malaysia) Sdn Bhd
5. Bersatu Sago Industries Sdn Bhd
6. Bersatu Sago Industries (Mukah) Sdn Bhd
7. EKA Foodstuff Sdn Bhd

(collectively, the “EKA Group”)

the liberty to hold Creditors’ Meetings and Members’ Meeting (collectively, Court Convened Meetings)  pursuant to Section 366(1) of the Act within 90 days from 21 January 2021.

All proceedings or further actions or commencement of any proceedings by any party are restrained against EKA and/or EKA Group for a period of 90 days effective from 21 January 2021 subject to the terms as may be determined by the Court pursuant to Section 368 of the Act.

The Order is not expected to have any material impact on the financial and operational matters of the Company and/or the EKA Group as the Order is to solely facilitate the Company and the EKA Group’s scheme of arrangement.

This announcement is dated 10 February 2021.