Further to the Company's announcement on 14 November 2018 in relation to the proposed change of Company's name from "MI EQUIPMENT HOLDINGS BERHAD" to "MI TECHNOVATION BERHAD", the Board wishes to announce that upon the Company's application, the Companies Commission of Malaysia has on 5 December 2018 approved and reserved the use of the proposed new name "MI TECHNOVATION BERHAD" for a period of thirty (30) days from the date of approval.

This announcement is dated 5 December 2018.