Pursuant to paragraph 9.19 (37) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that the Company's external auditors, Messrs Ernst & Young PLT, have issued an unmodified audit opinion with emphasis of matter on material uncertainty relating to going concern, in view of the current economic condition and Covid-19 Pandemic, in respect of AAX's audited financial statements for the financial year ended 31 December 2019.

Please refer to the attachment for further details.

This announcement is dated 30 July 2020.