(The terms used herein unless the context otherwise states, shall bear the same meaning as those defined in the announcements aforementioned)

We refer to the announcements dated 4 January 2021, 26 January 2021, 18 March 2021, 15 April 2021, 28 May 2021, 14 June 2021, 9 July 2021 and 3 September 2021 in relation to the above matter.

The Company wishes to announce that the Defendant’s Application for Consequential Orders was heard on 2 November 2021 and the Court had allowed our Application and granted the following orders:

a) that the Plaintiff shall immediately hand over possession of the Demised Premises to the  Defendant in accordance with the terms of the Tenancy Agreement which had expired on 31.10.2020;

b) that the Plaintiff shall pay double rental for the Demised Premises from 1.11.2020 until the date vacant possession of the Demised Premises is handed over at a monthly rental based on the agreed minimum rate of RM128,337.60 per month; and

c) cost of RM5,000.00 to be paid by the Plaintiff to the Defendant.

The Company will make the necessary announcement on further development of this matter in due course.

This announcement is dated 3 November 2021.