Scomi Energy Services Bhd (KLSE:SCOMIES) entered into framework agreement to acquire 100.0% equity interest in PJD Link (M) Sdn Bhd from Noblemax Resources Sdn Bhd and PJD Link Holdings Sdn Bhd for MYR 12 million on October 3, 2022. Scomi Energy Services Bhd (KLSE:SCOMIES) shall acquire the entire issued and paid up share capital of thePJD Link (M) Sdn Bhd to be satisfied by the issuance of 1,382,940,000 consolidated new shares as fully paid to PJD Link Holdings Sdn Bhd and 3,226,860,000 consolidated new shares as fully paid toNoblemax Resources Sdn Bhd, either PLHSB, NRSB or the PJD Link (M) Sdn Bhd (“Defaulting Party”) fails to perform any of its respective obligations under the FA, then SESB shall have the right, exercisable by written notice to the Defaulting Party, to terminate the FA. The Board of Directors of SESB announced that the Parties had on December 2, 2022 mutually agreed to extend the date to execute the Acquisition Agreement from December 3, 2022 to January 15, 2023.