Tranche Update on Cocoaland Holdings Berhad's Equity Buyback Plan announced on September 29, 2020.

Cocoaland Holdings Berhad is a Malaysia-based investment holding company. The Company operates through two segments: Manufacturing and Trading. The Manufacturing segment is engaged in manufacturing and trading all kinds of processed and preserved foods and fruits. The Trading segment is engaged in wholesaling and retailing processed and preserved foods. The Company's geographical segments include Malaysia, Eastern Asia, South East Asia, Middle East and Others. It provides a range of products, such as gummy, candy and pastilles, chocolate pie, chocolate confect, beverage, cookies and wafer snacks and jelly and pudding. Its chocolate pie includes Chocolate, Dark Chocolate and Strawberry. Its Snacks includes Potato Stick with Chilli Sauce, Potato Stick with Tomato Sauce, Rotong Cheese Ball Crackers, Rotong CheesWheel and Rotong Choco Rings. Its subsidiaries include Cocoaland Industry Sdn. Bhd., L.B. Food Sdn. Bhd., CCL Food & Beverage Sdn. Bhd. and Lot 100 Food Co. Ltd.