We refer to the announcement dated 22 February 2021 relating to the unsolicited nomination of three (3) candidates to the Board of Asdion Berhad by a shareholder. The Board upon deliberation on the said nomination and taking into consideration the views and recommendation endorsed by the Nomination and Remuneration Committee hereby made the decision to decline the said nomination. The rejection is premised on the non fulfillment of the criterion for appointment as Directors based on Malaysian Code on Corporate Governance ("MCCG") as well as the Corporate Governance Guide of Bursa Malaysia. 

This announcement is dated 3 March 2021.