The Board of Directors (“Board”) of the Company wishes to announce that the Company has on 23 March 2021, received a notice in writing pursuant to Section 281(1) of the Companies Act 2016 from Messrs. Jamal, Amin & Partners ("the Firm") on their resignation as the External Auditors of the Company.

The resignation was due to the Firm had been sanctioned by the Audit Oversight Board on 17 March 2021, thus prohibited the Firm from accepting and auditing any public interest entity or schedule fund for twelve months pursuant to Section 31Z(2) of the Securities Commission Malaysia Act 1993.

Save for the above, the Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.

Further announcement will be made by the Company on the appointment of new Auditors in due course.

This announcement is dated 24 March 2021.