Unless otherwise defined in this announcement, all abbreviations used in this announcement are defined in the following announcements made on:-

1)      8 August 2019, 14 August 2019, 15 August 2019, 4 September 2019, 30 September 2019, 1 October 2019, 1 November 2019, 22 November 2019, 2 December 2019, 5 December 2019, 2 January 2020, 7 January 2020, 9 January 2020, 22 January 2020, 3 February 2020, 6 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 1 June 2020, 9 June 2020, 24 July 2020, 28 August 2020, 28 September 2020, 7 October 2020, 22 October 2020, 19 January 2021, 25 January 2021 and 2 March 2021 in relation to the default in payment to Bank of China (Malaysia) Berhad;

2)      23 June 2020, 24 June 2020, 25 June 2020, 14 July 2020, 28 September 2020, 8 December 2020, 21 January 2021, 19 February 2021, 5 March 2021 and 25 March 2021 in relation to default in payment to Alliance Bank Malaysia Berhad;

3)      6 July 2020, 8 July 2020, 10 July 2020, 13 July 2020, 26 August 2020, 30 September 2020, 13 October 2020, 30 October 2020, 11 November 2020, 11 December 2020, 26 January 2021, 23 February 2021, 8 March 2021, 15 March 2021 and 30 March 2021 in relation to default in payment to OCBC Al-Amin Bank Berhad;

4)      15 July 2020, 27 July 2020, 12 August 2020, 18 September 2020, 30 September 2020, 21 October 2020, 10 November 2020, 20 November 2020, 11 December 2020, 8 February 2021, 24 February 2021, 1 March 2021, 8 March 2021, 15 March 2021 and 30 March 2021 in relation to default in payment to Maybank Islamic Berhad;

5)      16 July 2020, 7 August 2020, 21 September 2020, 7 October 2020, 11 December 2020, 5 January 2021, 19 January 2021 and 23 February 2021 in relation to default in payment to HSBC Bank Malaysia Berhad;

6)      17 July 2020, 24 September 2020, 8 October 2020, 30 October 2020, 16 November 2020, 3 December 2020, 11 December 2020, 25 January 2021, 9 February 2021, 25 February 2021 and 26 February 2021 in relation to default in payment to Standard Chartered Bank Malaysia;

7)      25 August 2020, 10 September 2020, 8 October 2020, 24 November 2020 and 24 December 2020 in relation to default in payment to United Overseas Bank (Malaysia) Berhad; and

8)      26 August 2020, 10 September 2020, 19 October 2020, 18 November 2020, 24 December 2020, 25 January 2021, 25 February 2021 and 23 March 2021 in relation to default in payment to OCBC Bank (Malaysia) Berhad.

The Board of Directors of the Company would like to announce that there is no material development on the status of default of payment save for those had been announced to Bursa Malaysia Securities Berhad. 

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments in relation thereof.

This announcement is dated 1 April 2021.