Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Material Uncertainty related to Going Concern made on 2 May 2019, 30 May 2019 and 29 August 2019.

The Board of Directors wishes to inform that the Group has secured three (3) new projects in the current financial year. The new projects have contributed approximately RM66.6 million of order book for the Group. The new projects secured are from the states of Johor and Terengganu.

While working on the secured projects the Group will continue to actively pursue and bid for many more new projects in the mechanical, electrical engineering, plumbing and construction sectors locally and regionally, either on its own or through strategic alliances with established local and foreign partners. With the above new projects, the Company is strengthening its effort to address the audit issues raised by the auditors in it’s opinion on Material Uncertainty Relating to Going Concern.

This announcement is dated 29 November 2019.