Reference is made to the Company's announcements dated 13 January 2025, 6 March 2025, 30 April 2025 and 1 July 2025 (jointly referred to as "Announcement"). Unless otherwise defined, the terms herein shall have the same meaning as defined in the Announcement. 

The Company wishes to provide an update on the matter as follows: -

The matter has been fixed for Hearing on 21 October 2025. 

A total of three (3) shareholders of the Company have intervened in the Suit and opposed the application filed by the Chairman of the Company. 

Upon reviewing the affidavits filed by the shareholders, the Company intends to adopt a conciliatory approach by convening a special Extraordinary General Meeting ("EGM") to address the issues regarding the adoption of the Constitution raised by the shareholders in the Suit. 

With that, the Suit is now withdrawn by the Chairman of the Company to give way to the Company to convene the special EGM to put forward the proposal to adopt the Constitution in line with the concerns raised by the shareholders who intervened in the Suit. 

This announcement is dated 22 October 2025.