KUALA LUMPUR, 29 February 2024 - UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, reported an improved revenue delivery of 14.1% for the financial year ended 31 December 2023 (“FY2023”), compared to RM2.5 billion in the previous year (“FY2022”) and for the Company to declare a single-tier interim dividend of 2 sen per ordinary share for FY2023.

Facing global inflationary pressure and rising operational costs, the company's profit was moderated, resulting in a profit after tax for FY2023 of RM30.1 million, a decrease of 34.1% compared to RM45.7 million in FY2022.

In the fourth quarter of fiscal year 2023, UEM Edgenta reported a revenue of RM806.9 million, an increase from the previous quarter's revenue of RM710.5 million. However, net profit declined by 92.9% QoQ resulting from headwinds driven by external inflationary environment, compared to a profit of RM21.0 million in the preceding quarter. Despite the above, UEM Edgenta maintains a healthy financial position, with a low gearing ratio of 0.3 times and cash and bank balances totaling RM644.2 million as of December 31, 2023, indicating financial stability and liquidity.

Taking stock of the prevailing market conditions, sentiment, and the Company's most recent quarterly performance, Syahrunizam Samsudin, Managing Director/Chief Executive Officer, UEM Edgenta shared, "In 2023, UEM Edgenta demonstrated robust revenue growth, highest in 6 years, driven by high contract renewals and realized workorders from strong year-on-year contract wins with maiden revenue contribution from KSA, supported by strengthening of SGD. Due to the cost-push inflation with persistent rising cost of raw materials and labour that directly impact our cost structure and flow-through impact from subcontractor/vendor rising costs, profit margin was moderated across businesses. The impact was partially mitigated by our multi-sector, multi-geography portfolio diversification strategy, supported by savings driven through stringent cost management, operational efficiency initiatives and optimisation of supply chain management. As we navigate through the challenges, we continue to remain steadfast in executing our long-term strategy underpinned by EOTF 2025, driven by investments in tech and new markets and optimize the way we operate.”

“Significant headway was realized in executing technology, sustainability and market pivots through Edgenta’s differentiation in execution capabilities, reputation in upholding international quality standard and good customer relationships, the Company remains committed to enhancing efficiency and driving sustainable profitability,” added Syahrunizam.

2023 in Review: Navigating Growth and Innovation

As we enter 2024, UEM Edgenta celebrates a year of significant achievements and strategic progress on various fronts. Domestically, our dedication to innovation and sustainability has established OPUS as a leader in promoting sustainability solutions within the built environment. Our successes also extend to securing long-term contracts for state and rural roads in Selangor, Johor, and Sarawak, reaffirming our commitment to infrastructure development in Malaysia. Additionally, the launch of Net Zero Targets demonstrates our commitment to environmental responsibility, with goals set to reduce operational GHG emissions by 26% by 2030 and achieve net-zero emissions by 2050.

Internationally, mature markets like Singapore and Taiwan, our diversification strategy goes beyond healthcare support services. Leveraging our strong reputation and track record, we are intensifying efforts to explore opportunities in the manufacturing and hospitality sectors to diversify revenue sources. In the dynamic Middle East market, we recognize significant potential driven by rapid growth and untapped opportunities, particularly in emerging smart city developments; prioritising facilities management services to capitalise on these opportunities. UEM Edgenta expanded its footprint in the Middle East with recent acquisitions, further enhancing our real estate services platform and expanding our client base.

UEM Edgenta has reached 82% of its RM100 million savings target for EoTF 2025, with 43% of its new wins attributed to technology-driven strategies, highlighting its resilience and innovation in facing industry challenges. The company's shift towards global leadership in long-term asset management and its focus on markets that appreciate this expertise reflect its adaptability. Despite facing challenges, UEM Edgenta's commitment to execution excellence, international standards, and strong customer relationships has reinforced its industry position. By focusing on strategic resilience, technological advancement, and talent development, UEM Edgenta aims for sustained growth, leveraging its global presence to overcome obstacles, capitalize on opportunities, and ensure long-term value creation for stakeholders.

For further information on UEM Edgenta and its other initiatives, logon to https://www.uemedgenta.com.

Head, Centre of Excellence &amp; Financial Management, UEM Edgenta

Managing Director / Chief Executive Officer, UEM Edgenta

KUALA LUMPUR, 29 February 2024 - UEM Edgenta Berhad (“UEM Edgenta” or the “Company”), the region’s leading Asset Management and Infrastructure Solutions company, reported an improved revenue delivery of 14.1% for the financial year ended 31 December 2023 (“FY2023”), compared to RM2.5 billion in the previous year (“FY2022”) and for the Company to declare a single-tier interim dividend of 2 sen per ordinary share for FY2023.Facing global inflationary pressure and rising operational costs, the company's profit was moderated, resulting in a profit after tax for FY2023 of RM30.1 million, a decrease of 34.1% compared to RM45.7 million in FY2022.In the fourth quarter of fiscal year 2023, UEM Edgenta reported a revenue of RM806.9 million, an increase from the previous quarter's revenue of RM710.5 million. However, net profit declined by 92.9% QoQ resulting from headwinds driven by external inflationary environment, compared to a profit of RM21.0 million in the preceding quarter. Despite the above, UEM Edgenta maintains a healthy financial position, with a low gearing ratio of 0.3 times and cash and bank balances totaling RM644.2 million as of December 31, 2023, indicating financial stability and liquidity.Taking stock of the prevailing market conditions, sentiment, and the Company's most recent quarterly performance, Syahrunizam Samsudin, Managing Director/Chief Executive Officer, UEM Edgenta shared, "In 2023, UEM Edgenta demonstrated robust revenue growth, highest in 6 years, driven by high contract renewals and realized workorders from strong year-on-year contract wins with maiden revenue contribution from KSA, supported by strengthening of SGD. Due to the cost-push inflation with persistent rising cost of raw materials and labour that directly impact our cost structure and flow-through impact from subcontractor/vendor rising costs, profit margin was moderated across businesses. The impact was partially mitigated by our multi-sector, multi-geography portfolio diversification strategy, supported by savings driven through stringent cost management, operational efficiency initiatives and optimisation of supply chain management. As we navigate through the challenges, we continue to remain steadfast in executing our long-term strategy underpinned by EOTF 2025, driven by investments in tech and new markets and optimize the way we operate.”“Significant headway was realized in executing technology, sustainability and market pivots through Edgenta’s differentiation in execution capabilities, reputation in upholding international quality standard and good customer relationships, the Company remains committed to enhancing efficiency and driving sustainable profitability,” added Syahrunizam.2023 in Review: Navigating Growth and InnovationAs we enter 2024, UEM Edgenta celebrates a year of significant achievements and strategic progress on various fronts. Domestically, our dedication to innovation and sustainability has established OPUS as a leader in promoting sustainability solutions within the built environment. Our successes also extend to securing long-term contracts for state and rural roads in Selangor, Johor, and Sarawak, reaffirming our commitment to infrastructure development in Malaysia. Additionally, the launch of Net Zero Targets demonstrates our commitment to environmental responsibility, with goals set to reduce operational GHG emissions by 26% by 2030 and achieve net-zero emissions by 2050.Internationally, mature markets like Singapore and Taiwan, our diversification strategy goes beyond healthcare support services. Leveraging our strong reputation and track record, we are intensifying efforts to explore opportunities in the manufacturing and hospitality sectors to diversify revenue sources. In the dynamic Middle East market, we recognize significant potential driven by rapid growth and untapped opportunities, particularly in emerging smart city developments; prioritising facilities management services to capitalise on these opportunities. UEM Edgenta expanded its footprint in the Middle East with recent acquisitions, further enhancing our real estate services platform and expanding our client base.UEM Edgenta has reached 82% of its RM100 million savings target for EoTF 2025, with 43% of its new wins attributed to technology-driven strategies, highlighting its resilience and innovation in facing industry challenges. The company's shift towards global leadership in long-term asset management and its focus on markets that appreciate this expertise reflect its adaptability. Despite facing challenges, UEM Edgenta's commitment to execution excellence, international standards, and strong customer relationships has reinforced its industry position. By focusing on strategic resilience, technological advancement, and talent development, UEM Edgenta aims for sustained growth, leveraging its global presence to overcome obstacles, capitalize on opportunities, and ensure long-term value creation for stakeholders.For further information on UEM Edgenta and its other initiatives, logon to https://www.uemedgenta.com.<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/8449a1c5864d7c66d0ad754b05144ea841ace1665e894a009bccd64f41f6a27b/UEM%20Edgenta%20FY2023-Financial%20Results.jpg" alt="(from left to right)" />i.	Michael Leong Kar YungHead, Centre of Excellence &amp; Financial Management, UEM Edgentaii.	Syahrunizam SamsudinManaging Director / Chief Executive Officer, UEM Edgentaiii.	Lim Su SanHead, Corporate Strategy, UEM Edgentaiv.	Rais ImranChief Strategy Officer, UEM Edgenta<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/00fd43e24180e7a9bbbd9d302201716d4975c90f2c37eb0fd9e02686cb780f7b/UEM%20Edgenta%20FY2023-Financial%20Results-MDCEO.jpeg" alt="Image" />

Commercial facilities / Office buildings

Construction / Civil engineering

Green technology

Financial results announcement

Listed companies

UEM Edgenta Records RM2 Bil in Revenue and Declares 2 sen Dividends

CYBERJAYA, 19 DECEMBER 2023 - AwanBiru Technology Berhad (Awantec) has won the

SME100 Awards 2023 in the 'Sustainable Brands Awards' category for the second time since

Awantec's Chief Executive Officer, En. Azlan Zainal Abidin, stated that this recognition

reinforces Awantec’s position as Malaysia’s trusted partner in technology and talent

solutions. The award serves as a significant testament to its ability to effectively address

customers' needs and requirements for trusted and reliable products and services in this fastevolving industry.

“We have begun to establish a robust and sustainable supply chain through strategic

partnerships with distinguished industry leaders such as Google, HRD Corp., and Skillsoft, to

collectively reduce environmental and social impact. “The award recognises the strength of

Awantec, which has infused sustainability practices into every aspect of our business,” he said in a statement.&nbsp;

The win is a strong testament to Awantec's improving performance, as the company recently

recorded its second consecutive quarterly profit in Q1 Financial Year 2024. The positive

financial outcome was driven by growth in both the Technology and Talent segments,

powered by strong partnerships with various industry leaders such as the Human Resource

Department Corporation (HRDC), Skillsoft, and Google. These strong alliances were forged by

Awantec as part of its Cloud transformation plan established in 2021.

The SME100 Award ceremony is held annually, and winners are selected entirely by the

SME100 Committee through a physical audit and interview based on programmes and business plans from an ESG angle.

AwanBiru Technology Berhad (Awantec) has won the
SME100 Awards 2023 in the 'Sustainable Brands Awards' category for the second time since
2021. CYBERJAYA, 19 DECEMBER 2023 - AwanBiru Technology Berhad (Awantec) has won theSME100 Awards 2023 in the 'Sustainable Brands Awards' category for the second time since2021.Awantec's Chief Executive Officer, En. Azlan Zainal Abidin, stated that this recognitionreinforces Awantec’s position as Malaysia’s trusted partner in technology and talentsolutions. The award serves as a significant testament to its ability to effectively addresscustomers' needs and requirements for trusted and reliable products and services in this fastevolving industry.“We have begun to establish a robust and sustainable supply chain through strategicpartnerships with distinguished industry leaders such as Google, HRD Corp., and Skillsoft, tocollectively reduce environmental and social impact. “The award recognises the strength ofAwantec, which has infused sustainability practices into every aspect of our business,” he said in a statement.&nbsp;The win is a strong testament to Awantec's improving performance, as the company recentlyrecorded its second consecutive quarterly profit in Q1 Financial Year 2024. The positivefinancial outcome was driven by growth in both the Technology and Talent segments,powered by strong partnerships with various industry leaders such as the Human ResourceDepartment Corporation (HRDC), Skillsoft, and Google. These strong alliances were forged byAwantec as part of its Cloud transformation plan established in 2021.The SME100 Award ceremony is held annually, and winners are selected entirely by theSME100 Committee through a physical audit and interview based on programmes and business plans from an ESG angle.

Software

Government offices / organizations

SMEs

AwanBiru Technology Berhad (Awantec) has won the
SME100 Awards 2023 in the 'Sustainable Brands Awards' category for the second time since
2021. 

AWANTEC WINS SME100 AWARD AS A SUSTAINABLE BRAND

FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) --&nbsp;<a href="https://www.globenewswire.com/Tracker?data=nuWNmuoOUUoqfaSVt08ZleTYRWJrB-_Hr0jNLbM08zrs1ihquxtgaebROexzrRx1VqFeB9cnMpmW_0Gq3IfeFmGT0FhnNB8M38Y1y_b_Kak=" target="_blank">Enovix Corporation</a>&nbsp;(“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has entered into a Master Service Agreement (“MSA”) with YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others. The agreement secures $70 million of non-dilutive funding to support Enovix’s Fab2 site in Penang, Malaysia, and its first Gen2 high-volume manufacturing line.

“We’re thrilled to announce this significant milestone in our journey to scale,” said Dr. Raj Talluri, President and CEO of Enovix. “Finalizing the agreement in a short amount of time is a great achievement and I’m very proud of the team. We’re all focused on establishing Fab2 and moving to high-volume manufacturing so we can provide a superior product for our customers and enable a better user experience for consumers.”

“We’re pleased to finalize our manufacturing agreement, opening up tremendous opportunities for growth and success globally,” said Dato’ Dr. Mohd Sofi Bin Osman, a YBS board member. “We look forward to a long-term collaboration with Enovix and bringing their leading battery technology to market.”

As part of the MSA, YBS, under the direction of Enovix, will provide the building and capital for equipment and labor for Fab2 and the Gen2 Autoline 1. Enovix&nbsp;<a href="https://www.globenewswire.com/Tracker?data=0ZiiBs0WfxYvKy_tBa1EHblrx9voPoIAub7UMqkV1EKLP6jGJw6PuMRriFzKC4CYyY3SQ_3YFJcpPvf889smF3s1ujqwaOpl3UL01cUAsWQTIG9pJYPSd3o_njDzs50xNj6Ykj0duvRKBXm9aH7cMj4FSFa7xabsIXSLw9ilFOyKkE76xWNCueNrIzKdM5mKo2iAu1Gn2gRfUBOoEOeWhM7_0CxXJXwbhIF9CI0HNec=" target="_blank">announced earlier this year</a>&nbsp;that it established Enovix Malaysia Sdn. Bhd. (“Enovix Malaysia”). In addition, Enovix has hired more than 30 people in Malaysia including the two leaders announced in March. Enovix Malaysia’s Fab2 site is located in Penang Science Park.

“The Enovix Malaysia team is already making tremendous progress,” said Ajay Marathe, COO of Enovix. “They recently completed training at Fab1 in Fremont and the next step is Factory Acceptance Testing in South Korea, followed by Site Acceptance Testing in Malaysia. I am extremely pleased we finalized our agreement with YBS and are on track to produce first samples from the Gen2 Autoline 1 in April 2024.”

Enovix is on a mission to power the technologies of the future. Everything from IoT, mobile and computing devices, to the vehicle you drive, needs a better battery. The company’s disruptive architecture enables a battery with high energy density and capacity without compromising safety. Enovix is scaling its silicon-anode, lithium-ion battery manufacturing capabilities to meet customer demand. For more information visit&nbsp;<a href="https://www.globenewswire.com/Tracker?data=u2U4OnJJorZZO3HLe5-RqcrsYYt7jmsd_KHmwtnMpLwKJvWosDE72DATJy0vlOGhS9zqL_AGtKLft41m-_IatJ-9WqGTEC7FsbuYi78HOP8f9-VGHbQn55dtm2HTX3-PrcKO81kRjrrmJtzNxqf1vyKjEbBJwDdzqteCUW4zbaWxvWCbQAt3-1KNdm1VNi95Nwn1HomhRlXy9ZLVbbzpr-na3DNgXQ4mNadbq2xIIX6mGSaIRpxihjwFMNB6PnQF" target="_blank">www.enovix.com</a>&nbsp;and follow us on&nbsp;<a href="https://www.globenewswire.com/Tracker?data=Jkk2Ue7Iy_VVy8pJf6zgJZjZx_dHI0LEKJdTDWXx32BN33NgAqc4aH4M_hkAjf-nFZW2t04_f02AOPgzfQzbegOF59_9RQXttaiQCxlud73rQdjGI3UeX2jul3-H5psORjwKpupgC_5fNVH2F6tPz3XD09jA5h1DOaiahwsFz3DT5GSfkVsVwqjD3SBSAalJ-LublHW5MbAPhjF444D-ynVJS6A70R_tYOc5Nd-vheWg1XFny_Q7p-LpcmqkMw0Uz6IHrhxI9tA-BzLhUDiN8ImCNYmvfxDOpVn8S1LCvcE=" target="_blank">LinkedIn.</a>

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “believe”, “will”, “may”, “estimate”, “continue”, “anticipate”, “intend”, “should”, “plan”, “expect”, “predict”, “could”, “potentially", “target”, “project”, “believe”, “continue” or the negative of these terms or similar expressions. Forward-looking statements in this press release include, but are not limited to, statements regarding its ability to effectively manufacture products in Malaysia, the success of its partnership with YBS, access to Malaysia’s deep pool of technical talent, Malaysia’s business-friendly environment, and support of the company’s growth and scale up. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties. For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, please refer to our filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our most recently filed annual periodic reports on Form 10-K and quarterly report on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

<h1>Enovix Signs Manufacturing Agreement with YBS International Berhad for Fab2 in Malaysia</h1>FREMONT, Calif., July 26, 2023 (GLOBE NEWSWIRE) --&nbsp;<a href="https://www.globenewswire.com/Tracker?data=nuWNmuoOUUoqfaSVt08ZleTYRWJrB-_Hr0jNLbM08zrs1ihquxtgaebROexzrRx1VqFeB9cnMpmW_0Gq3IfeFmGT0FhnNB8M38Y1y_b_Kak=" target="_blank">Enovix Corporation</a>&nbsp;(“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, announced today it has entered into a Master Service Agreement (“MSA”) with YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others. The agreement secures $70 million of non-dilutive funding to support Enovix’s Fab2 site in Penang, Malaysia, and its first Gen2 high-volume manufacturing line.“We’re thrilled to announce this significant milestone in our journey to scale,” said Dr. Raj Talluri, President and CEO of Enovix. “Finalizing the agreement in a short amount of time is a great achievement and I’m very proud of the team. We’re all focused on establishing Fab2 and moving to high-volume manufacturing so we can provide a superior product for our customers and enable a better user experience for consumers.”“We’re pleased to finalize our manufacturing agreement, opening up tremendous opportunities for growth and success globally,” said Dato’ Dr. Mohd Sofi Bin Osman, a YBS board member. “We look forward to a long-term collaboration with Enovix and bringing their leading battery technology to market.”As part of the MSA, YBS, under the direction of Enovix, will provide the building and capital for equipment and labor for Fab2 and the Gen2 Autoline 1. Enovix&nbsp;<a href="https://www.globenewswire.com/Tracker?data=0ZiiBs0WfxYvKy_tBa1EHblrx9voPoIAub7UMqkV1EKLP6jGJw6PuMRriFzKC4CYyY3SQ_3YFJcpPvf889smF3s1ujqwaOpl3UL01cUAsWQTIG9pJYPSd3o_njDzs50xNj6Ykj0duvRKBXm9aH7cMj4FSFa7xabsIXSLw9ilFOyKkE76xWNCueNrIzKdM5mKo2iAu1Gn2gRfUBOoEOeWhM7_0CxXJXwbhIF9CI0HNec=" target="_blank">announced earlier this year</a>&nbsp;that it established Enovix Malaysia Sdn. Bhd. (“Enovix Malaysia”). In addition, Enovix has hired more than 30 people in Malaysia including the two leaders announced in March. Enovix Malaysia’s Fab2 site is located in Penang Science Park.“The Enovix Malaysia team is already making tremendous progress,” said Ajay Marathe, COO of Enovix. “They recently completed training at Fab1 in Fremont and the next step is Factory Acceptance Testing in South Korea, followed by Site Acceptance Testing in Malaysia. I am extremely pleased we finalized our agreement with YBS and are on track to produce first samples from the Gen2 Autoline 1 in April 2024.”About EnovixEnovix is on a mission to power the technologies of the future. Everything from IoT, mobile and computing devices, to the vehicle you drive, needs a better battery. The company’s disruptive architecture enables a battery with high energy density and capacity without compromising safety. Enovix is scaling its silicon-anode, lithium-ion battery manufacturing capabilities to meet customer demand. For more information visit&nbsp;<a href="https://www.globenewswire.com/Tracker?data=u2U4OnJJorZZO3HLe5-RqcrsYYt7jmsd_KHmwtnMpLwKJvWosDE72DATJy0vlOGhS9zqL_AGtKLft41m-_IatJ-9WqGTEC7FsbuYi78HOP8f9-VGHbQn55dtm2HTX3-PrcKO81kRjrrmJtzNxqf1vyKjEbBJwDdzqteCUW4zbaWxvWCbQAt3-1KNdm1VNi95Nwn1HomhRlXy9ZLVbbzpr-na3DNgXQ4mNadbq2xIIX6mGSaIRpxihjwFMNB6PnQF" target="_blank">www.enovix.com</a>&nbsp;and follow us on&nbsp;<a href="https://www.globenewswire.com/Tracker?data=Jkk2Ue7Iy_VVy8pJf6zgJZjZx_dHI0LEKJdTDWXx32BN33NgAqc4aH4M_hkAjf-nFZW2t04_f02AOPgzfQzbegOF59_9RQXttaiQCxlud73rQdjGI3UeX2jul3-H5psORjwKpupgC_5fNVH2F6tPz3XD09jA5h1DOaiahwsFz3DT5GSfkVsVwqjD3SBSAalJ-LublHW5MbAPhjF444D-ynVJS6A70R_tYOc5Nd-vheWg1XFny_Q7p-LpcmqkMw0Uz6IHrhxI9tA-BzLhUDiN8ImCNYmvfxDOpVn8S1LCvcE=" target="_blank">LinkedIn.</a>Forward Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “believe”, “will”, “may”, “estimate”, “continue”, “anticipate”, “intend”, “should”, “plan”, “expect”, “predict”, “could”, “potentially", “target”, “project”, “believe”, “continue” or the negative of these terms or similar expressions. Forward-looking statements in this press release include, but are not limited to, statements regarding its ability to effectively manufacture products in Malaysia, the success of its partnership with YBS, access to Malaysia’s deep pool of technical talent, Malaysia’s business-friendly environment, and support of the company’s growth and scale up. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties. For additional information on these risks and uncertainties and other potential factors that could affect our business and financial results or cause actual results to differ from the results predicted, please refer to our filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our most recently filed annual periodic reports on Form 10-K and quarterly report on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. Any forward-looking statements made by us in this press release speak only as of the date on which they are made and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.YBS International Berhad (formerly known as LNG Resources Berhad) was incorporated in Malaysia as a public limited company in year 2002 under the Companies Act, 2016 as an investment holding company and was officially listed on the MESDAQ Market of the Bursa Malaysia Securities Berhad in year 2003.

YBS Group is led by a strong Board of Directors and Management Team with substantial commercial knowledge and experience. By leveraging operational and business best practices across the Group we enhance and improve our performance year on year. We will continue to invest in order to support growth to ensure that we continue to create value for shareholders.For media inquiries, please contact:

Enovix Corporation
Kristin Atkins
Phone: +1 (650) 815-6934
Email: katkins@enovix.com

For investor inquiries, please contact:

Enovix Corporation
Charles Anderson
Phone: +1 (612) 229-9729
Email: canderson@enovix.com

Enovix Signs Manufacturing Agreement with YBS International Berhad for Fab2 in Malaysia

ALPS had announced last month the underwriting exercise for CILO’s Special Purpose Acquisition Company (SPAC) for listing in Johannesburg Stock Exchange. 

With this underwriting exercise, ALPS will be able to develop more drugs for medical purpose to serve the humanity. The company positions itself as a disruptive international health solutions company that focuses on an individual’s wellness, performance, and longevity goals. 

ALPS’ Founder and Group CEO, Dr Tham Seng Kong had visited the CILO’s plant (pharmaceutical) at Johannesburg, South Africa in December 2022. This pharmaceutical company was GACP and GMP certified since year 2020, making CCP the first company in South Africa to have both GACP and GMP cannabis licenses in one company. 

On the other hand, ALPS business focus is on the perception that the use of precision &amp; preventive medicine as therapeutic entities will drive one of the next most important phases in medicine and wellness. ALPS has the leading edge technology &amp; the necessary expertise (scientists, technological resources, researchers &amp; equipment) all in place, all cutting edge, advancing with momentum. ALPS is currently one of the most progressive Biomarker Precision Diagnostic Lab with full instrument WGS Provider and cGMP stem cell cultivation in the ASEAN region, with a business focus on molecular cells as therapeutic entities. 

ALPS trusts the collaboration with CILO will lay a firmer foundation between both parties, not only on developing more drugs for future medical purpose to serve the humanity, but also on ushering CILO closer towards the IPO in Johannesburg Stock Exchange (JSE).

<h1>ALPS GLOBAL HOLDING BERHAD partnering with CILO CYBIN to list Africa’s first Cannabis on Main Board of Johannesburg Stock Exchange (JSE)</h1>ALPS had announced last month the underwriting exercise for CILO’s Special Purpose Acquisition Company (SPAC) for listing in Johannesburg Stock Exchange.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/721a2bfa883ac3cd97397699f32a47db4ace3ab68f82e887eee584dfb8c1a156/WhatsApp%20Image%202023-05-23%20at%2011.37.26.jpeg" alt="22/5/2023 Courtesy visit by Mr. Gabriel Theron, Founder and CEO of CILO CYBIN HOLDINGS LTD."/>ALPS had announced last month the underwriting exercise for CILO’s Special Purpose Acquisition Company (SPAC) for listing in Johannesburg Stock Exchange. With this underwriting exercise, ALPS will be able to develop more drugs for medical purpose to serve the humanity. The company positions itself as a disruptive international health solutions company that focuses on an individual’s wellness, performance, and longevity goals. ALPS’ Founder and Group CEO, Dr Tham Seng Kong had visited the CILO’s plant (pharmaceutical) at Johannesburg, South Africa in December 2022. This pharmaceutical company was GACP and GMP certified since year 2020, making CCP the first company in South Africa to have both GACP and GMP cannabis licenses in one company. On the other hand, ALPS business focus is on the perception that the use of precision &amp; preventive medicine as therapeutic entities will drive one of the next most important phases in medicine and wellness. ALPS has the leading edge technology &amp; the necessary expertise (scientists, technological resources, researchers &amp; equipment) all in place, all cutting edge, advancing with momentum. ALPS is currently one of the most progressive Biomarker Precision Diagnostic Lab with full instrument WGS Provider and cGMP stem cell cultivation in the ASEAN region, with a business focus on molecular cells as therapeutic entities. ALPS trusts the collaboration with CILO will lay a firmer foundation between both parties, not only on developing more drugs for future medical purpose to serve the humanity, but also on ushering CILO closer towards the IPO in Johannesburg Stock Exchange (JSE).ALPS GLOBAL HOLDING BERHAD
(Incorporated in Malaysia)
(Registration No : 1227032-V)
For further information, you may contact :
FIONA HON
Telephone : +603 2163 1113
Email : fiona@alpsmedical.com

Medical / Hospital

Pharmaceuticals

Health and Beauty appliances

STEM (Science, Tech, Engineering, Math)

ALPS had announced last month the underwriting exercise for CILO’s Special Purpose Acquisition Company (SPAC) for listing in Johannesburg Stock Exchange.