Reference is made to the First Announcement made on 11 January 2018 and the monthly announcements made by the Company in relation to the Company being classified as a Practice Note 17 (“PN 17”) Issuer pursuant to the requirements under PN17 of the Main Market Listing Requirements (collectively referred to as “Announcements”) of Bursa Malaysia Securities Berhad (“Bursa Securities”).

(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcements.)

The Board wishes to inform that the Company has made an application to Bursa Securities seeking approval for a further extension of time of 6 months up to 10 January 2022 to submit the regularisation plan to regularise the financial condition of the Company.

Presently, the Company is still formulating the regularisation plan.

This announcement is dated 12 July 2021.