Key Matters Discussed at AGM

Key Matters Discussed at AGM

UCREST BERHAD (420056 K)

(Incorporated in Malaysia)

SUMMARY OF KEY MATTERS DISCUSSED AT THE TWENTIETH ANNUAL GENERAL MEETING OF THE COMPANY HELD AT GREENS 1, GOLF WING, TROPICANA GOLF & COUNTRY RESORT, JALAN KELAB TROPICANA, 47410 PETALING JAYA, SELANGOR DARUL EHSAN, ON WEDNESDAY, 15 NOVEMBER 2017 AT 11.00 A.M.

There were no other matters raised by the shareholders at the Twentieth Annual General Meeting, save for the following:-

Question:
What is the prospect of the Company and how does the Company deal with the rapid change in environment?

Answer:
The Company’s prospect looks good. For the past five years, Management has been building the iMedic mobile healthcare product, which is new in the industry. These products have been marketed in China and Russia in the past few years. Some contracts have been signed with the Russian clients, which have been announced to Bursa Malaysia Securities Berhad accordingly.

Question:
What is the cause in the share price fluctuations?

Answer:
As announced to Bursa Malaysia Securities Berhad, the unusual market activity could be due to the proposed private placement exercise the Company is planning to undertake.

Question:
Will the Company declare dividends to its shareholders?

Answer:
The Company currently does not have any intention to declare dividends. If at any point of time the Board decides to declare dividends, the announcement will be made to Bursa Malaysia Securities Berhad via the Bursa Link.