For consistency purposes, the abbreviations and definitions used throughout this announcement is the same as those previously defined in the Company's announcements made on 19 March 2021, 30 July 2021, 30 August 2021, 24 November 2021, 25 February 2022 and 24 May 2022 respectively in relation to the MOU entered between OVH and ADL Solar Sdn. Bhd. [Registration Number: 201301005459 (1035302-K)] (“ADL”) for the purpose of forming a strategic partnership for mutual benefit and commercial consideration, by exploring and identifying opportunities related to the renewable energy business and to engage in discussion for the purposes of jointly preparing and submitting proposals/tenders to identify, mutually agreed project(s) (“Project(s)”) based on the understanding and commitments to the collaborative effort as contained in the MOU (“Announcements”). 

The Board wishes to update that there has been no material development since the Announcements. 

This announcement is dated 30 August 2022.