We refer to the Company’s announcements dated 3 June 2022, 26 July 2022, 28 July 2022, 24 November 2022, 5 December 2022, 7 December 2022, 28 February 2023 and 22 May 2023 in relation to ECMLG’s non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements ("Public Spread Requirement").

Bursa Securities had previously vide its letter dated 6 December 2022 granted the Company a further extension of time of six (6) months until 2 June 2023 to comply with the Public Spread Requirement.

Based on the Record of Depositors of ECMLG dated 26 May 2023, the public shareholding spread of the Company was 22.60%. The Company currently does not comply with the Public Spread Requirement.

The Company has today submitted an application to Bursa Securities for a further extension of time of six (6) months from 3 June 2023 to 2 December 2023 for the Company to comply with the Public Spread Requirement and is awaiting the decision of Bursa Securities.

The Company will make the appropriate announcements on the status of the application.

This announcement is dated 1 June 2023.