The Board of Directors (Board) of the Company wishes to announce that the Company had on 26 July 2023, received a written requisition from Hillcove Sdn. Bhd., a shareholder of the Company holding, in the aggregate, more than 10% of the issued share capital of the Company (“Requisitioning Member”) to convene an Extraordinary General Meeting pursuant to Sections 206(3) and Section 322 of the Companies Act 2016 for the purpose of considering and, if thought fit, passing the following resolutions with or without any modifications:

1. that Dato’ Mohamed Suffian bin Awang having consented to act as a Director and having declared that he is not disqualified from being appointed or holding office as a director of a company under the Companies Act 2016, be and is hereby appointed a Director of the Company with immediate effect;
2. that Mr. Alan Ling Sie Kiong having consented to act as a Director and having declared that he is not disqualified from being appointed or holding office as a director of a company under the Companies Act 2016, be and is hereby appointed a Director of the Company with immediate effect;
3. that Mr. Tan Tong Lang having consented to act as a Director and having declared that he is not disqualified from being appointed or holding office as a director of a company under the Companies Act 2016, be and is hereby appointed a Director of the Company with immediate effect;
4. that Dato’ Lim Tiong Siang be and is hereby removed as a Director of the Company with immediate effect;
5. that Puan Shazreen binti Mohd Hatta be and is hereby removed as a Director of the Company with immediate effect; and
6. that Mr. Sia Meng Chan be and is hereby removed as a Director of the Company with immediate effect.

The Board of the Company is seeking legal advice on the matter.

Further development on the above matter will be announced to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 26 July 2023.