High Court's decision. The Court of Appeal has fixed the hearing date on 3 October 2024. With regards to the notice of additional assessment for the YA 2018 amounting to RM1,812.5 million (referred to as 'Notice 3'), both the Company and the IRB recorded a consent order for judicial review application before the High Court on 21 January 2021. On 8 February 2022, the High Court allowed with cost, the Company's judicial review application to set aside the Notice 3. The High Court agreed that the Company is in the business of manufacturing electricity and as such, the Company is entitled to claim RIA on the capital expenditure which was incurred in the YA 2018 in the course of expanding, modernising and automating its business. Separately, on 8 February2022, the IRB filed a notice of appeal against the High Court's decision. Subsequent to the hearing and case management at the Court of Appeal on 6 February 2024 and 7 February 2024 respectively, the Court of Appeal has fixed the decision date on 16 May 2024. The Company has obtained legal advice from its tax solicitors on the merits of the cases mentioned above and on this basis, the Directors are of the opinion that there is no possible obligation, therefore no provision is required in the financial statements for the potential tax liability up to the reporting date. Notwithstanding with the above, the Company continued to claim the RIA for YAs 2020, 2021, 2022 and 2023 based on the legal advice, as the Directors of the view that it is permitted by the law. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 299 42 CONTINGENT LIABILITIES AND MATERIAL LITIGATIONS (CONTINUED) Material litigations (continued) (b) KEV On 29 October 2021, the IRB disallowed the interest expenses incurred by KEV in relation to the Redeemable Unsecured Loan Stock granted to KEV by the Company and Malakoff Corporation Berhad under Section 33(1)(a) of the Income Tax Act 1967 and KEV's revision of revenue for YAs 2004 to 2009. As a result thereof, the IRB issued