Reference is made to the Company’s announcements on 8 September 2020 and 11 March 2021.

As announced earlier, the wholly owned subsidiary of the Company, Kumpulan Ikram Sdn. Bhd. (“KISB" or "Defendant”), had received a Writ of Summons and Statement of Claim served by Tenaga Nasional Berhad (“TNB” or “Plaintiff”) claiming RM6,799,961.83.

KISB had on 25 January 2022 filed an application for the discovery of the Project documents from TNB (“Discovery Application”).

The Company wishes to announce that,  the Penang High Court has fixed 11 May 2022 as the Hearing date for the said Discovery Application.