Hunn Chng: The operations of the subsidiary companies within the jurisdiction are maintaining normal business operations, and the trading of stocks continues to be suspended.

Announcement from South City: The liquidator is closely collaborating with the core management team of the domestic subsidiaries to maintain normal operations and explore a comprehensive debt restructuring plan. In the initial stage of the liquidation process, the liquidator is collecting group information, evaluating financial conditions, and seeking to maximize returns for creditors and stakeholders. The liquidator is open to all proposals and welcomes potential investors to contact them. Trading of the company's shares on the Stock Exchange has been suspended since 10:55 am on August 11, 2025, and will remain suspended until further notice. Shareholders, investors, and potential investors should exercise caution when trading the company's securities.