The Company wishes to announce that the Board of Directors had on 25 January 2022 received notice in writing dated 24 January 2022 pursuant to Section 281 of the Companies Act 2016 from Grant Thornton Malaysia PLT (201906003682 (LLP0022494-LCA & AF 0737)) ("Grant Thornton") on their resignation as Auditors of the Company, which shall bring Grant Thornton’s term of office to an end after 21 days from 24 January 2022.

The Board is not aware of any other matters that need to be brought to the attention of shareholders of the Company.

The Company is in the midst of identifying new Auditors to be appointed subject to the end of term of office of Grant Thornton and the new Auditors’ consent to act as Auditors of the Company.

Further announcement will be made by the Company in due course once the appointment of the new Auditors is finalised.

This announcement is dated 25 January 2022.