Reference is made to the Company's announcement dated 14 April 2026 ("Announcement").
The Board of Directors of the Company wishes to announce additional information on the Announcement as follows:
(i) The Notices of Additional Assessment issued by Inland Revenue Board of Malaysia ("IRB") is being evaluated to determine whether it will give rise to a present obligation in accordance with Malaysian Financial Reporting Standards ("MFRS"), and the recognition of liability in the financial statements is required.
(ii) The Company has appointed a legal advisor and will take necessary steps in liaising with the IRB.
(iii) Pending the outcome of the above assessment, had the Group recognised the liability, income tax expense would have increased and profit after tax would have decreased by approximately RM4.18 million for the financial year ended 31 December 2025, with a corresponding increase in current liabilities and decrease in equity.
The Company will make further announcements as and when there are material developments.
This announcement is dated 16 April 2026.