Reference is made to the Company’s announcement dated 26 September 2022.

The Board of Directors of APEX wishes to inform that the High Court of Kuala Lumpur has heard the Notice of Application dated 23 September 2022 (“Enclosure 2”) that was filed under the Originating Summons No. WA-24NCC-906-09/2022 (“Enclosure 1”) by the Plaintiffs against the Company.

Pursuant to the hearing of Enclosure 2, the High Court has dismissed the Plaintiffs’ Enclosure 2 to, inter alia, restrain the Defendant from tabling Ordinary Resolution 4 in the Notice of Extraordinary General Meeting dated 7.9.2022 which will be tabled at the Extraordinary General Meeting to be held on 29.9.2022 or any such adjourned date (the “EGM”) with costs of RM5,000.

The High Court has also fixed a Case Management date in respect of Enclosure 1 on 29.9.2022.

In view of the above mentioned decision, the Board of Directors of APEX wishes to further inform that the Company shall proceed with the tabling of Ordinary Resolution 4 as stated in the Notice of EGM.

This announcement is dated 28 September 2022.