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We refer to news report in The Edge Weekly dated 27 February 2023 titled “A Management buyout for DNeX’s Ping Petroleum may be on the cards.”
The headline and relevant content are speculative in nature.

We are cognisant of the need for proper dissemination of information to the public and will release announcement on Bursa Malaysia Securities Berhad (“Bursa Securities”) on any material issue on a timely basis as required by the Main Market Listing Requirements of Bursa Securities.

27 February 2023