Reference is made to the announcement dated 14 March 2023 in relation to the two contracts secured from PETRONAS Carigali Sdn Bhd on 27 February 2023 for the Provision of Pig Trap System Maintenance for PETRONAS Carigali Sdn Bhd (“the Contracts”).

The Board of Directors of the Company is pleased to announce that Steel Hawk Engineering Sdn Bhd (“SHESB”), a wholly-owned subsidiary of Steel Hawk, had on 13 February 2024 secured an extension for the Contracts ("Contract Extension").

Subsequently, the Company had on 22 March 2024 received consent from PETRONAS Carigali Sdn Bhd to release the announcement to Bursa Malaysia Securities Berhad pertaining to the Contract Extension.

Please refer to the attachment for further details.

This announcement is dated 22 March 2024.