Pantai, Bangsar, 59100 Kuala Lumpur, Malaysia. The financial statements of the Group and the Company have been approved for issuance in accordance with a resolution of Board of Directors on 19 March 2024. 2 BASIS OF PREPARATION The financial statements of the Group and of the Company have been prepared in accordance with the provisions of the Malaysian Financial Reporting Standards (‘MFRS’), International Financial Reporting Standards (‘IFRS’) and the requirements of the Companies Act 2016 in Malaysia. The Directors continue to consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The financial statements have been prepared under the historical cost convention, except as disclosed in Note 3 and respective notes in the financial statements. The preparation of financial statements in conformity withMFRS requires the use of certain critical accounting estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reported period. It also requires Directors to exercise their judgement in the process of applying the Group’s and the Company’s accounting policies. Although these estimates and judgements are based on the Directors’ best knowledge of current events and actions, actual results may differ. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in Note 4. (a) New standard and amendments to published standards that are effective and applicable to the Group and the Company. Effective for financial year beginning on 1 January 2023: MFRS 17 Insurance Contracts Amendments to MFRS 17 Insurance Contracts Initial Application of MFRS 17 Insurance Contracts and MFRS 9 Financial Instruments - Comparative Information Amendments to MFRS 101 Presentation of Financial Statements and MFRS