We refer to the First Announcement made by the Company on 25 October 2019 in relation to the Company being classified as an affected listed issuer under PN17, and the subsequent monthly announcements made on 2 December 2019, 2 January 2020, 3 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 2 June 2020, 1 July 2020, 3 August 2020, 1 September 2020, 2 October 2020, 2 November 2020, 1 December 2020, 4 January 2021, 2 February 2021, 1 March 2021, 1 April 2021, 3 May 2021, 1 June 2021, 1 July 2021, 27 July 2021, 2 August 2021, 1 September 2021, 4 October 2021, 14 October 2021, 1 November 2021, 8 November 2021, 1 December 2021, 3 January 2022, 28 January 2022, 3 February, 1 March 2022, 11 March 2022, 1 April 2022, 5 May 2022, 1 June 2022, 1 July 2022, 1 August 2022, 1 September 2022, 5 September 2022, 4 October 2022, 5 October 2022, 1 November 2022, 1 December 2022, 8 December 2022, 3 January 2023, 2 February 2023, 15 February 2023, 1 March 2023, 3 April 2023 and 2 May 2023.

The Board of Directors of AMEDIA wishes to announce that M&A Securities had, on behalf of the Board of Directors of AMEDIA, submitted the application in relation to the Company’s proposed regularisation plan to Bursa Securities on 11 March 2022. Subsequently, M&A Securities had, on behalf of the Board of Directors of AMEDIA, made a revised announcement on the proposed regularisation plan on 5 September 2022 and submitted the revised proposed regularisation plan to Bursa Securities on 13 September 2022.

The Board of Directors of AMEDIA wishes to further announce that the Company has received queries from Bursa Securities pertaining to a complaint against the Company in relation to the Company’s latest financial result for FYE 31 March 2022 and quarterly financial result for 30 June 2022. Hence, the Company has appointed Ferrier Hodgson MH Sdn. Bhd. as the independent accountant on 8 December 2022 to conduct a thorough review on the complaints against the Company in relation to the Company’s latest financial result for FYE 31 March 2022 and quarterly results for 30 June 2022 as well as 30 September 2022. The Company had, on 14 February 2023, received the Findings Report dated 10 February 2023 from Ferrier Hodgson MH Sdn. Bhd.

The Company will make necessary announcements on material development in respect of this matter as and when necessary.

This announcement is dated 1 June 2023.