The Board of Directors of the Company (“Board”) wishes to announce that the Company had on 12 August 2025, received a notice in writing dated 12 August 2025 (“Notice”) from Messrs Moore Stephens Associates PLT (“Moore Stephens”) on their resignation as auditors of the Company pursuant to Section 281(1) of the Companies Act 2016 (“the Act”).

Pursuant to the Act, Moore Stephens's term of office as auditors of the Company shall end 21 days from the date of the Notice. The Board wishes to inform that the resignation of Moore Stephens was due to the Company and Moore Stephens not being able to reach a consensus on the proposed audit fees for the financial year ending 30 September 2025. 

Save for the above, the Board is not aware of any other matters that need to be brought to the attention of the shareholders of the Company.

The Company will identify and appoint new auditors to fill the casual vacancy pursuant to Section 271(2)(b) of the Act. Further announcement on the engagement of new auditors will be made by the Company in due course once the appointment of the new auditors is finalised by the Board.

This announcement is dated 13 August 2025.