The Board of Directors of the Company wishes to inform that the Company has received a Notice of Nomination on 11 October 2018 from Rexit Venture Sdn. Bhd., a shareholder of the Company, for the nomination of Messrs. Ecovis AHL PLT as Auditors of the Company in place of the retiring Auditors, Messrs. Sekhar & Tan and to hold office until the conclusion of the next annual general meeting of the Company, at a remuneration to be determined by the Directors ("Proposed Appointment of Auditors").

The Proposed Appointment of Auditors will be tabled for shareholders' approval at the forthcoming 14th Annual General Meeting of the Company to be convened.