We refer to the Company’s announcements dated on 30 June 2022, 7 July 2022, 15 July 2022, 29 July 2022, 3 August 2022, 5 August 2022, 8 August 2022 and 10 August 2022.

The Board of Directors of the Company wishes to announce that the Originating Summons and Company’s Striking Out Application were fixed for case management today.

The Board of Directors also wishes to announce that the Plaintiff filed an application for, among others, that UOB Kay Hian Nominees (Asing) Sdn Bhd and Best Venture Capital Sdn Bhd be added as plaintiffs in the Originating Summons (“Joinder Application”). The Plaintiff’s Joinder Application was also fixed for case management today.

At the case management, the Court gave the following directions:

(1) Defendants to file and serve their affidavit in reply to the Striking Out Application and the Joinder Application on or before 1 September 2022;

(2) Plaintiff to file and serve its affidavit in reply to the Joinder Application on or before 15 September 2022;

(3) Parties are to file their respective submission in relation to the Striking Out Application and Joinder Application on or before 28 September 2022;

(4) The hearing of the Striking Out Application and Joinder Application is fixed on 29 September 2022; and

(5) The next case management of the Originating Summons is fixed on 29 September 2022.

Further announcements will be made from time to time in respect of any material developments of this matter.

This announcement is dated 18 August 2022.