We refer to the announcements dated 9 October 2020, 12 October 2020, 15 October 2020, 19 October 2020, 11 December 2020, 17 December 2020 and 26 March 2021 ("Announcements").

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of the Board, Affin Hwang IB wishes to announce that Bursa Securities has approved the application for an extension of time until 15 October 2021 to complete the implementation of the Proposed Private Placement.

Further announcements in relation to the above will be made in due course in accordance with the Listing Requirements.

This announcement is dated 1 April 2021.