Reference is made to the Company’s announcement on 15 March 2019 on the Notice of Adjudication pursuant to Section 8 of Construction Industry Payment Adjudication Act 2012 filed by HCM Engineering Sdn Bhd (“HCM”), a wholly owned subsidiary of the Company with the Asian International Arbitration Centre ("AIAC") Kuala Lumpur to commence adjudication proceedings against Southkey City Sdn Bhd ("SCSB") for the principal amount of RM3,475,129.42 (“Claim”).

The Company wishes to announce that HCM had received Adjudication Decision whereby SCSB shall pay to HCM an adjudicated amount of RM784,426.64 (including interest and adjudication cost).