The Board of Directors of the Company ("Board") wishes to announce that the Company had on 16 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 Seventh Annual General Meeting ("AGM") of the Company held on 16 December 2024, to hold office until the conclusion of the next AGM of the Company.

The resignation of ChengCo was due to the suspension of its registration by the Audit Oversight Board of the Securities Commission Malaysia, which prohibits the firm from conducting audits of Public Interest Entities and scheduled funds, and the Board is not aware of any other 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 16 June 2025.