We refer to the announcements dated 22 February 2018, 9 March 2018, 11 July 2018, 5 December 2018, 28 January 2019, 30 May 2019, 13 August 2019 , 4 September 2019 and 12 February 2020 in relation to the Company’s non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR of Bursa Securities (“Announcements”).

The Board of Directors of the Company wishes to announce the following Status Announcement in conjunction with the release of the Company’s quarterly results for the fourth quarter of the financial year ending 31 December 2019, pursuant to Paragraph 3.3 of PN 19 of the LR of Bursa Securities:-

(i) As at the date of this announcement, the Company's public shareholding spread is 23.67%.

(ii) The Company is still in the midst of evaluating various alternatives to address the shortfall in the public shareholding spread requirement and will make the relevant announcement on the Company’s finalized plan to address the non-compliance in due course.

(iii) Bursa Securities, vide its letter dated 10 February 2020, has granted the Company an extension of time of six (6) months until 30 June 2020 to comply with the public shareholding spread requirement. 

This announcement is dated 28 February 2020.