We refer to the Company’s earlier announcements dated 15 March 2021, 22 September 2021, 6 July 2023, 7 July 2023, 15 April 2024, 25 July 2024, 30 July 2024, 1 August 2024, 13 January 2025, 16 January 2025, 24 January 2025, 27 January 2025, 10 February 2025, 26 February 2025, 10 March 2025 and 10 April 2025 (collectively referred to as the “Announcements”).

All abbreviations used in this announcement shall carry the same meaning as that given in the Announcements unless stated otherwise.

The Board of Directors of SCIB (“Company”) wishes to announce that SCIB Properties Sdn. Bhd., a wholly-owned subsidiary of SCIB (“SCIBP” or “the Plaintiff”), had on 21 April 2025, filed a Notice of Discontinuance for Suit No. BA-22NCC-38-03/2025 (“the Suit”) for the recovery of RM19,716,067.67 million against Awana JV Suria Saga Sdn. Bhd. (“AWANA” or “the Defendant”), and the Suit is consolidated under Suit No. BA-22NCC-17-02/2025 (“the Main Suit”). The details of the Main Suit are stated in the previous announcement made on 10 February 2025.

SCIB will make the necessary announcements as and when there are further material updates.

This announcement is dated 22 April 2025.