Reference is made to the announcements dated 15 September 2016, 18 November 2016, 23 February 2017, 28 February 2017, 18 May 2017 and 17 August 2017 in relation to the Memorandum of Understanding ("MOU") between Aemulus Corporation Sdn Bhd and Shanghai Testrong Technologies Co., Ltd (“Announcements”).

Unless otherwise stated, all definitions used throughout this announcement shall have the same meaning as defined in the earlier Announcements.

The Board of Directors of the Company wishes to inform that the collaboration is in progress with accordance to the MOU, and there is no material development since the previous announcement dated 17 August 2017.

This Announcement is dated 16 November 2017.