News

We refer to the Company’s following earlier announcements made in relation to the Company being classified as an affected listed issuer pursuant to PN17 of Listing Requirements:-

(i) first announcement dated 30 April 2023 (“First Announcement”); and
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(ii) 30 May 2023, 30 June 2023, 31 July 2023, 28 August 2023, 29 September 2023, 31 October 2023, 30 November 2023, 29 December 2023, 30 January 2024, 29 February 2024, 29 March 2024, 29 April 2024, 2 May 2024, 5 June 2024, 28 June 2024, 30 July 2024, 30 August 2024, 30 September 2024, 25 October 2024, 29 October 2024, 18 November 2024, 28 November 2024, 27 December 2024, 28 January 2025, 25 February 2025, 28 February 2025 and 21 March 2025,

(collectively, referred to as the “Earlier Announcements”). 

Unless otherwise defined, the abbreviations and definitions used throughout this announcement shall bear the same meaning as those defined in the Earlier Announcements.

The Company had on 21 March 2025 appointed Malacca Securities Sdn Bhd (“Malacca Securities”) as the Principal Adviser for the regularisation plan pursuant to PN17 of the Listing Requirements.

As at the date of this announcement, the Company has approximately 1 month to submit its regularisation plan to the Bursa Securities on or before 30 April 2025.

Further announcement will be made to Bursa Securities with regards to the development of the regularisation plan in due course.

This announcement is dated 2 April 2025.