The Board of Directors of the Company wishes to announce that its wholly-owned subsidiaries, EKO BINA SDN. BHD. AND REXALLENT CONSTRUCTION SDN. BHD. (hereinafter collectively referred to as the “Applicants” or “Subsidiaries”), had filed an application for an order by the High Court of Malaya at Kuala Lumpur (the “Court”) vide Originating Summons No. WA-24NCC(SOA)-28-11/2025, for a compromise or arrangement with the Applicants’ Creditors for the purpose of formulating and proposing a Scheme of Arrangement for the Applicants’ Creditors’ consideration (the “Proposed Scheme of Arrangement”), and for a Restraining Order over the Applicants (the “Restraining Order”). 

Kindly refer to the attachment for more information.

This announcement is dated 18 November 2025.