MEMORANDUM OF UNDERSTANDING

Unless otherwise stated, all abbreviations used herein shall have the same meaning as those mentioned in the announcements dated 28 January 2020, 01 July 2020, 28 December 2020 and 26 July 2021 in relation to the Memorandum of Understanding (“MOU”) dated 28 January 2020 entered between Tambun Indah and Show Chwan Medical Care Corporation (“Show Chwan”) (“Announcements”))

Further to the Announcements, the Board of Directors of Tambun Indah wishes to inform that the duration of the MOU will not be extended and hence the MOU is considered lapsed after 27 January 2022.

This announcement is dated 26 January 2022.