The Board of Directors of Hua-An wishes to announce that Hua-An had on 23 April 2020 entered into a Share Purchase Agreement with Dr. Nik Nazli Binti Nik Ahmad, Jim Irene, Dr. Rozhan Bin Othman, Zuriah Binti Abu Bakar and Ahmad Fakhri Bin Hamzah for the proposed acquisition of 700,000 ordinary shares in HumanCapient Consulting Sdn Bhd (“HCSB”), representing 70% of the total issued share capital in HCSB, for a total purchase consideration of RM14.5 million.

Please refer to the attachment for details of the announcement.

This announcement is dated 23 April 2020.