Reference is made to the announcements dated 31 October 2025, 19 December 2025, 17 March 2026, 19 May 2026, and 22 June 2026 in relation to the Company's Originating Summons No. WA-24NCC(SOA)-26-10/2025 filed under Sections 366 and 368 of the Companies Act 2016 (the "Originating Summons"). Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements.
The Board of Directors of the Company wishes to announce that the Company's proposed scheme of arrangement ("Scheme") has been approved by 87.62% in value of Scheme Creditors present and voting at the court convened meeting pursuant to Section 366(1) of the Companies Act 2016, held on 30 June 2026. A summary of the Scheme, and its key terms, are as set out in the Explanatory Statement dated 18 May 2026 (read with the Notice of Errata to the Explanatory Statement), which is attached with this announcement.
As the requisite majority of 75% in value of the Scheme Creditors present and voting has been obtained, the Scheme has accordingly been approved by the Scheme Creditors.
The Scheme will become binding on the Company and their Scheme Creditors upon an order of sanction being made by the High Court of Malaya and upon such order being lodged with the Companies Commission of Malaysia. The Company has instructed its solicitors to proceed with the filing of the application for sanction of the Scheme.
Further announcements will be made as and when appropriate.
This announcement is dated 30 June 2026.