The Board of Directors of Lambo Group Berhad (“Lambo” or “the Company”) wishes to inform that the last Annual General Meeting (“AGM”) of the Company was held on 28 October 2021 to receive its Audited Financial Statements for the financial year ended 31 May 2021 in accordance with Section 248(2) and Section 340(1)(a) of the Companies Act, 2016 (“the Act”).

On 18 May 2022, the Board has approved and announced the change of financial year end from 31 May 2021 to 30 September 2022. Following the change of financial year end, the next financial statements of the Company will be made up from 1 June 2021 to 30 September 2022 covering a period of 16 months (“AFS 2022”).

On 4 August 2022, the Company had submitted an application to Companies Commission of Malaysia (“CCM”) for an extension of time of up to 31 March 2023, or any other date as may be approved by CCM pursuant to Section 340 of the Act, to hold the Company's 2022 AGM for the purposes of laying its AFS 2022 pursuant to Section 248(2) and Section 340(1)(a) of the Act.

The Company had on 8 August 2022, received the approval letter from CCM dated 8 August 2022 for an extension of time of up to 31 March 2023 to hold its 2022 AGM.

This announcement is dated 8 August 2022.