The Company wishes to announce that its wholly owned subsidiary, Trumpet International Sdn. Bhd. (formerly known as Macpie Pro Sdn. Bhd.) ("Plaintiff") had served the Writ of Summons and Statement of Claim filed in the High Court at Shah Alam (Civil Suit No. BA-22NCvC-41-01/2022) against Mr. Luah Aik Teong (“Defendant”).

The Plaintiff is seeking the following reliefs:

1. the Defendant do pay the Plaintiff the sum of RM4,900,000.00 (or such other sum as may be determined by this Honourable Court) forthwith;

2. the Defendant do pay the Plaintiff agreed late payment interest at the rate of 3% per month calculated from the following due date of the said payment:

    (i) the amount of RM900,000.00 calculated from 31 December 2019;

    (ii) the amount of RM1,000,000.00 calculated from 31 January 2020;

    (iii) the amount of RM1,000,000.00 calculated from 29 February 2020;

    (iv) the amount of RM1,000,000.00 calculated from 31 March 2020; and

    (v) the amount of RM1,000,000.00 calculated from 30 April 2020,

    until the full and final settlement of this Judgement Debt, or at such other rate and for such period as this Honourable Court may order;

3. the costs of this action be paid by the Defendant to the Plaintiff together with interest thereon at the rate of 5% per annum from the date of Judgement until the full and final settlement of the costs; and

4. such further reliefs deemed fit and just by this Honourable Court.

This announcement is dated 11 February 2022.