The Board of Directors of Jaya Tiasa Holdings Berhad ("the Company") wishes to announce that the Company intends to seek shareholders' approval at the forthcoming 60th Annual General Meeting for the following:

1) Proposed Renewal of the Existing Shareholder Mandate and Mandate for New Recurrent Related Party Transactions; and
2) Proposed Renewal of Share Buy-Back Authority

(collectively referred to as the "Proposals").

A Circular/Statement containing details of the Proposals will be despatched to the shareholders of the Company in due course.

This announcement is dated 22 October 2020.