REPLY TO QUERY - SETTLEMENT AGREEMENTS IN RELATION TO TERMINATION OF CONTRACTS

We refer to SCIB’s announcement dated 10 November 2021 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:

1. The details of the agreed payment schedule for the amount owing by the Client and amount owing to the Subcontractors respectively, including the timeline for the payments.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully

Listing

Regulation

cc: Market Surveillance Dept.  Securities Commission (via fax)