P.I.E. INDUSTRIAL BERHAD (PIE)

PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (“PROPOSED SHAREHOLDERS’ MANDATE”)

The Board of Directors of PIE intends to seek its shareholders’ approval at the forthcoming Annual General Meeting (AGM) to be convened at a later date for the Proposed Shareholders’ Mandate. The Circular in relation thereto will be sent to the members in due course.

This announcement is dated 3 April 2019.