Reference is made to the Company’s announcement dated 19 May 2021.

As previously announced on 11 March 2019, a wholly owned subsidiary of the Company, HCM Engineering Sdn Bhd (“HCM”) has filed a legal suit at the Kuala Lumpur High Court against Kuasatek (M) Sdn Bhd (“Legal Proceeding”).

The Company wishes to announce that due to the Movement Control Order announced by the Government of Malaysia, the Legal Proceeding which has been fixed for continued trial today has been changed to Case Management by way of e-review. The Court has fixed 3 August 2021 as a Case Management date to fix new trial dates.