The Board of Directors of Hua-An wishes to inform the
shareholders that the Group has on 3 June 2020 established a technology division called
“Techna-X” to spearhead the Group’s digital transformation enabling businesses which are
presently housed under its existing subsidiaries, namely Touch Point
International Sdn Bhd, Wavetree Technologies Sdn Bhd
and Craveat International Sdn Bhd, as well
as HumanCapient Consulting Sdn Bhd and MD Labs Sdn
Bhd, should the contemplated acquisition of these latter two
entities be successfully completed.
Please refer to the attachment for details of the announcement.
This announcement is dated 3 June 2020.