Reference is made to the Company’s first announcement dated 19 January 2018 and monthly announcements (“Announcements”) made pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).

(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcements.)

On behalf of the Board of Directors of APFT, Sierac Corporate Advisers Sdn Bhd has, on 11 March 2020, submitted an appeal (“Appeal”) to Bursa Securities against the commencement of de-listing procedures on the securities of the Company as well as to re-consider the rejection and to approve the application for a third extension of time for the Company to submit the proposed regularisation plan to the regulatory authorities. 

Given that the Appeal was submitted within the “Appeal Timeframe” (i.e. on or before 11 March 2020), the removal of the securities of the Company from the Official List of Bursa Securities on 16 March 2020 shall be deferred pending the decision by Bursa Securities on the Appeal.

This announcement is dated 11 March 2020.