Following the Covid-19 pandemic and the ensuing enforcement of the Movement Control Order ("MCO") by the Government of Malaysia effective from 18 March 2020 and further extended to 12 May 2020. Bursa Malaysia Securities Berhad (“Bursa Securities”) had vide its letter dated 16 April 2020 granted an extension of time (“EOT”) of up till 30 June 2020 for the listed corporations to issue their quarterly reports and annual reports that includes the annual audited financial statements and the auditors' and directors' reports, which are originally due by 30 April and 31 May 2020, respectively on the basis that the extended MCO is lifted within the time frame as announced.

In view of this, the Board of Directors of MCT (“Board”) wishes to announce that the Company will utilise the EOT granted by Bursa Securities for the issuance of its Annual Report for the financial year ended 31 December 2019 by 30 June 2020, provided that the MCO period is not further extended.

The Board will determine and announce the appropriate dates to hold its Annual General Meeting of the Company as well as the issuance of the Annual Report, Corporate Governance Report and Notice of its AGM to shareholders in due course.

This announcement is dated 30 April 2020.