The Board of Directors of Sersol announced that the Company has been appointed as an agent by the Immigration Department of Malaysia (“IDM”) for the Malaysia Premium Visa Programme (“PVIP”) (“the Appointment”). The PVIP is a long-term residency status visa that enables investors, entrepreneurs, and foreign talents to live and work or study in Malaysia for up to twenty (20) years. The Appointment would enable the Company act as an agent on behalf of IDM to process up to three hundred (300) applications.

The Appointment is valid for a period of three (3) years from 21 October 2022.