Pursuant to Paragraph 8.23(1)(iii) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that it had provided financial assistance in the form of advances to its associate and subsidiary companies during the second quarter ended 30 June 2024 as follows: -

1. On 22 April 2024, 23 May 2024 and 24 June 2024, a total of advances of MYR 1,610,000 was provided to AirAsia Ride Sdn Bhd (“AARIDE”) by the Company, through its subsidiary, Move Travel Sdn. Bhd. (“ACT”);
2. On 8 April 2024, 24 April 2024, 13 May 2024, 23 May 2024, 11 June 2024 and 24 June 2024, total of advances of RM 1,074,000 was provided to Ourfarm Asia Sdn Bhd (“OFM”) by the Company, through its subsidiary, ACT;
3. On 8 May 2024, an advance of RM 18,000 was provided to Rokki Sdn Bhd (“ROKKI”) by the Company, through its subsidiary, ACT;
4. On 22 April 2024, an advance of USD 9,594 (equivalent to RM 45,279 based on the exchange rate of 4.720 as at 30 June 2024) was provided to PT Biglife Indonesia (“BLID”) by the Company, through its subsidiary, Biglife Malaysia (“BLMY”);
5. On 26 April 2024, an advance of USD 14,696 (equivalent to RM 69,358 based on the exchange rate of 4.720 as at 30 June 2024) was provided to Biglife Digital Singapore Pte. Ltd. (“BLSG”) by the Company, through its subsidiary, BLMY;
6. On 21 June 2024, an advance of USD 23,926 (equivalent to RM 112,919 based on the exchange rate of 4.720 as at 30 June 2024) was provided to Biglife (Thailand) Co. Ltd. (“BLTH”) by the Company, through its subsidiary, BLMY;
7. On 27 June 2024, an advance of RM 2,100,000 was provided to ACT by the Company, through its subsidiary, BLMY;

(Collectively, referred to as “the Financial Assistance”).

The Financial Assistance provided was in the ordinary course of business and to facilitate the running of the operations and financial affairs of AARIDE, OFM, ROKKI, BLID, BLSG, BLTH and ACT.

The Financial Assistance provided does not have any material effect on the earnings per share, net assets per share and gearing of the Company and its subsidiaries.
This announcement is dated 29 August 2024.

Note: The exchange rate used is based on the exchange rates of Bank Negara Malaysia on 30 June 2024 - USD 1: RM 4.720.