We refer to the announcements dated 10 July 2024, 11 July 2024, 15 July 2024, 9 August 2024, 15 October 2024, 20 November 2024, 22 January 2025 and 27 February 2025 ("earlier announcements") on this matter. Unless otherwise defined, the definitions used in this announcement shall have the same meanings as those defined in the earlier announcements. 

The Company wishes to announce that at the hearing on 9 May 2025, the JM Application has been adjourned to a date after the following interlocutory applications are heard on 20 June 2025:

1. Enclosure 51 – Notice of Application by Interim Judicial Manager to seek directions pursuant to Sections 414(3), 414(5), and the Ninth Schedule of the Companies Act 2016;
2. Enclosure 73 – Interveners’ Notice of Application (Intervener’s Application) by Leader Cable Industry Berhad (“LCIB”) (In Liquidation) and Universal Cable (M) Berhad (In Liquidation);
3. Enclosure 84 – Notice of Application by Dato Sri Mahmud Abu Bekir Taib to intervene; and
4. Enclosure 105 – Notice of Application by Hong Leong Islamic Bank Berhad for, inter alia, leave to enforce security over 27,799,707 ordinary shares in LCIB.

The Company will make further announcements as and when there are material developments on the above matter.

This announcement is dated 9 May 2025.

NOTICE: The affairs, business and property of the Company are being managed by the Interim Judicial Manager appointed by the High Court of Malaya. The Interim Judicial Manager contracts and acts as an agent of the Company and disclaims any personal liability under any contract entered into by the Company which has been adopted by the Interim Judicial Manager and any contract entered into by the Interim Judicial Manager on behalf of the Company.