Unless stated otherwise, definitions used in this announcement have the same meanings as defined in the announcement dated 25 August 2025 ("Announcement").

Further to the Announcement, the Board wishes to announce that Total IPCO has lodged a second police report against the former Directors of the Company and Total IPCO, namely Chong Wei Chuan, Chong Wei Liang and Khoo Yik Chou (collectively referred to as "Former Directors").

Based on the review carried out by the Independent Reviewer on the moneylending activities and related matters undertaken by Total IPCO between 1 May 2021 and 10 October 2023 ("Independent Review"), Total IPCO discovered that the moneylending activities undertaken during the Former Directors' tenure were tainted with serious irregularities, amongst other the loans had been approved and disbursed to the purported borrowers in blatant breach of Total IPCO's standard operating procedure and the applicable statutory requirements. Further investigations uncovered evidence suggesting that the transactions give rise to serious regulatory and/or legal concerns. The Company is proceeding with the necessary measures to protect the Company's and shareholders' interests.

The lodgement of the police report does not have any immediate material financial impact on the Group for the financial year ending 31 March 2027.

The Company will make further announcements to Bursa Malaysia Securities Berhad on any material developments in relation to this matter as and when necessary.

This announcement is dated 2 September 2026.