FSM Holdings Limited announced that reference is made to the announcements of the Company dated 31 March 2021, 28 May 2021 and 30 June 2021 (collectively, the "Announcements") in relation to, among others, (i) delay in publication of the 2020 Annual Results; (ii) postponement of board meeting for approval of the 2020 Annual Results; (iii) the suspension of trading in the shares of the Company on the Stock Exchange; and (iv) the Resumption Guidance. Unless otherwise stated, capitalized terms used herein shall have the same meaning as defined in the Announcements. As disclosed in the announcements of the Company dated 31 March 2021 and 30 June 2021, the Company has engaged the Independent Consultant to perform an Independent Review. As at the date of this announcement, the Independent Consultant has issued an advanced draft report (the "Advanced Draft Report") of the Independent Review based on further reviews conducted subsequent to the preliminary draft report. According to the Advanced Draft Report, the Independent Consultant found no evidence which suggests that the Issue is related to fraud. Based on the information currently available to the Company, the Company currently expects that the 2020 Annual Results and the findings of the Independent Review will be published by the end of September 2021. Pursuant to Rule 13.49(6) of the Listing Rules, the Company is required to publish the preliminary announcement in respect of its interim financial results for the six months ended 30 June 2021 (the "2021 Interim Results") not later than two months after the end of the relevant financial period, i.e. on or before 31 August 2021. As mentioned above, the audit works in respect of the 2020 Annual Results are currently in progress. Based on the latest information available, the Company expects that the 2020 Annual Results would likely have impact on the preparation of the 2021 Interim Results. In view of the audit progress in respect of the 2020 Annual Results, the Company considers that it would be unable to publish the 2021 Interim Results by 31 August 2021. The Company currently expects that the 2021 Interim Results will be published by the end of September 2021 following the publication of the 2020 Annual Results. The Company will publish further announcement(s) to inform the shareholders of the Company of the date of the Board meeting(s) to approve the 2020 Annual Results and 2021 Interim Results and any other update information as and when appropriate.