News

References are made to the (i) Circular to Shareholders in relation to the Proposed Shareholders’ Mandate for RRPT and Statement to Shareholders in relation to the Proposed Share Buy-Back (the “AGM Circular”) dated 30 March 2020 , (ii) notice of annual general meeting (the “AGM”) of the Company dated 30 March 2020, (iii) notice to defer the AGM of the Company announced on 24 April 2020 and (iv) notice of the adjourned 18th AGM  of the Company dated 5 May 2020 informing shareholders of the Company that the adjourned 18th AGM of the Company will be held on Wednesday, 3 June 2020 at 11.00 a.m. at Conference Room, Plot 18 & 19 Technoplex, Medan Bayan Lepas, Taman Perindustrian Bayan Lepas, Phase IV, 11900 Penang, Malaysia .  Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings given to them in the AGM Circular and the said announcements.

DEFERMENT OF THE ADJOURNED 18TH AGM

The Government had on 1 May 2020 announced the easing of the MCO with effect from 4 May 2020 allowing most businesses to reopen and people to travel for work with certain conditions, termed as Conditional Movement Control Order (“CMCO”).

Subsequent to the notice of the adjourned 18th AGM issued by the Company on 5 May 2020, the Government announced on 10 May 2020 that the CMCO is to be extended until 9 June 2020. Subsequently on 14 May 2020, the Securities Commission of Malaysia (the “SC”)  issued the revised Guidance and FAQs on the Conduct of General Meetings for Listed Issuers (“SC Guidance”)  which, among other guidelines, prohibits  the holding of physical general meetings for listed issuers during the period when the CMCO is in force.

In view of the extension of the CMCO which is beyond the Company’s control and the SC Guidance, the Company, after due consideration, wishes to inform Shareholders that the adjourned 18th AGM which was scheduled to be held on 3 June 2020 as a physical meeting shall be deferred to a later date and the Company will issue a new notice and make an announcement in due course to inform the Shareholders of the place, date, and time of the adjourned 18th AGM and the lodging of proxy forms for the meeting.

This announcement is dated 20 May 2020.