The Board of Directors of CRB (“Board”) wishes to confirm that, to the best of our knowledge and after making due enquiry with all the Company’s directors, major shareholders as well as such other relevant persons, the following:

1. The Board is not aware of any significant or unusual  developments relating to the Group’s business and affairs that has not been previously announced that may account for the unusual trading activity for the past two days.

2. The Board is not aware of any rumour or report concerning the business and affairs of the Group that may account for the unusual trading activity.

3. The Company is in compliance with the Bursa Securities Listing Requirements, in particular Paragraph 9.03 of the Bursa Securities Listing Requirements on immediate disclosure obligations.

Further, the Board wishes to inform that Bursa Malaysia has announced in its special announcements today and yesterday (24 May 2022), that they had suspended proprietary day trading ("PDT") short selling and intraday short selling ("IDSS") for CRB shares for the rest of the suspended days, as the last done price of the approved securities dropped more than 15% from the reference price.

This announcement is dated 25 May 2022.