The Board of Directors (“Board”) of CFM wishes to announce that the Company had on 13 June 2025 received a notice in writing pursuant to Section 281(1) of the Companies Act 2016 from ChengCo PLT (AF0886) (“ChengCo”) on their resignation as Auditors of the Company with immediate effect.

ChengCo was re-appointed as the Auditors of the Company at the Sixty-Second Annual General Meeting ("AGM") of the Company held on 27 February 2025, to hold office until the conclusion of the next AGM of the Company. The resignation of ChengCo is due to the firm’s registration status with the Audit Oversight Board of the Securities Commission Malaysia. 

Save for the above, the Board is not aware of any matters that need to be brought to the attention of the shareholders of the Company.

An announcement on the appointment of new auditors will be made by the Company in due course.

This announcement is dated 13 June 2025.