We refer to the Company's announcement made on 14 January 2022.

The Board of Directors of the Company wishes to announce that on 13 January 2022, the Court of Appeal of Malaysia has allowed the Company's appeal and set aside the High Court Judge's decision in dismissing the Company's application to strike out the Plaintiff's claims against the 1st to 3rd Defendants with cost. Subsequently, there is no motion of leave filed by the Plaintiff thirty (30) days after the Court of Appeal's decision. In this regard, the claim vide Kuala Lumpur High Court Suit No. WA-22NCVC-579-08/2019 is now determined and concluded.

The Company will announce any material development arising from the above matter as and when necessary.

This announcement is dated 18 February 2022.

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MESB Bhd published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 10:50:04 UTC.