JACK-IN GROUP LIMITED (ASX.JIP)

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delisted from the commencement of trading on 11 May 2020, pursuant to Listing rule 17.12

we understand this company failed and ASX removed the company from listing because its securities have been suspended from trading for an unacceptably long period

The company has secured the contract package works for a development project in the State of Selangor, Malaysia at a contract value of MYR21,000,850.00. JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to undertake site works, earth works, piling and pile cap works and retaining wall works for the development project comprising 4 blocks of multistoried serviced apartments and shop offices.

The company has secured the contract package works for a hotel development project in the State of Melaka, Malaysia at a contract value of MYR4,789,888.00. JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to undertake earthworks, piling and pile cap works for the development project comprising of a 30 storey serviced suites building.

All outstanding financial reports have been lodged with ASX and an application was made on 3 December 2019 to ASX for the reinstatement from suspension and resumption of trading of JIP shares on ASX. The application for reinstatement is being reviewed by ASX.

The company has secured the sub-contract package works for a building project in the State of Johor, Malaysia at a contract value of MYR9,200,000.00 (A$3,066,666).

The company releases the results of its AGM.

The company lodges its amended Half-Year Report and Accounts - 30 September 19.

The company lodges its Half-Year Report and Accounts - 30 September 2019.

The company lodges its Annual Report for the year ended 31 March 2019.

The company releases its Appendix 4G.

The company's AGM will be held on Friday, 6 December 2019 at No. 59-2 Jalan Sri Permaisuri 8, Bandar Sri Permaisuri, 56000 Kuala Lumpur, Malaysia at 11:00 am.m Malaysia time (2:00 p.m. Sydney time).

The company lodges its Full Year Statutory Accounts - year ended 31 March 2019.

The company as secured the contract package works for a mixed development project in the State of Pulau Pinang, Malaysia at a contract value of MYR18,904,334.00 (A$6,301,444 (1)). JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to undertake piling and pile cap works for the development project comprising of shop units, residential apartments, elevated carparks and common facilities.

Jack-In Group Limited (ASX: JIP) wishes to retract the Appendix 4F dated 12 July 2019 and lodged on 15 July 2019 as it should have been lodged as Appendix 4E instead. The lodgement contains the unaudited full year report for financial year ended 31 March 2019, which will be audited by the external auditors. There were no differences in the contents of the new Appendix 4E and the retracted Appendix 4F, except that there is no change in the balance date of JIP for the financial year 2019.

The company releases the results of its meeting.

The company lodges its Appendix 4F - for the year ended 31 March 2019.

The company lodges its Half-Year Report and Accounts - 30 September 2018.

The company releases an Appendix 4G.

The company releases a notice of AGM. The meeting will be held on Friday, 19 July 2019 at No. 59-2 Jalan Sri Permaisuri 8, Bandar Sri Permaisuri, 56000 Kuala Lumpur, Malaysia at 11:00 am. Malaysia time (1:00 pm. Sydney time).

The company lodges its Annual Report for the year ended 31 March 2018.

The company lodges Full Year Statutory Accounts - year ended 31 March 2018.

The company lodges its Appendix 4E - for the year ended 31 March 2018.

The company releases the results of its meeting.

An EGM of the company will be held on Tuesday, 11 June 2019 at No. 59-2 Jalan Sri Permaisuri 8, Bandar Sri Permaisuri, 56000 Kuala Lumpur, Malaysia at 11:00 am. Malaysia time (1:00 pm. Sydney time) for the purpose of considering and, if thought fit, passing the following resolution as an ordinary resolution: appointment of auditor.

The company has secured the sub-contract package works for a residential development project in the State of Melaka, Malaysia at a contract value of MYR7,139,387.40 (A$2,379,796).

The audited full year financial reprots for financial year ended 31 March 2018 is anticipated to be completed and released by the end of June 2019. JIP confirm that the statutory audit of Jack-In Pile (M) Sdn Bhd recommenced in March 2019.

The company has secured the sub-contract package works for the Micron Expansion project in the State of Pulau Pinang, Malaysia at a contract value of MYR23,876,087.00. JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Purchase Order to provide and complete piling works and construction of the TNB sub station of the mentioned project.

The announcement released earlier today, 28 March 2019, contained an error in respect of the total revenue which was expected to be generated. The correct value was MYR22,130,274.70 (AUD7,374,758).

The company has secured the sub-contract package works for the paper and pulp industry hub project in the State of Selangor, Malaysia at a contract value of MYR22,130,274.70 (AUD7,376,758). JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to provide and complete piling works for the project.

Jack-In Group announces completion of the independent accountants' review and resumption of the external statutory audit for the financial year ended 31 March 2018

The company has secured the sub-structure package works for a development project in the State of Pulau Pinang, Malaysia at a contract value of MYR7,060,734.20. JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to provide and complete piling works for the development project of a housing scheme comprising linked houses and common facilities.

The preliminary report of the independent accountants, Messrs. Ecovis AHL Advisory Sdn Bhd has been circulated to the Audit Committee and external auditors on 12 September 2018 for review and discussion. The Audit Committee has on 3 October 2018 convened a meeting with Ecovis AHL to deliberate on its preliminary report and has instructed Ecovis AHL to write to the management for explanations and to give representation on the reported issues. Upon resolution of these items and finalisation of the report, the Audit Committee expects the statutory audit on the financial statements for the year ended 31 March 2018 will be resumed.

The company has secured the sub-contract package works for a commercial development project in the State of Selangor, Malaysia at a contract value of MYR7,665,845.50. JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to provide and complete sub-structural works for the development project of one block of 41 storeys building comprising of office and commercial space, basement, elevated carparks and common facilities.

The company has secured the sub-contract package works for a hospital and medical centre development project in the State of Pulau Pinang, Malaysia at a contract value of MYR8,662,273.00 (A$2,887,242.43(1)).

Following a scheduled ASX internal system change affecting the Market Announcements Platform, it has been necessary to re-apply the "˜Suspend' session state. This announcement serves to re-confirm the securities of this entity remain suspended.

The company has secured the sub-structure package works for a development project in the Federal Territory of Kuala Lumpur, Malaysia at a contract value of MYR8,300,000.00. The project above is expected to generate a revenue of MYR8,300,000.00 (A$2,775,734.06(1)) and a gross profit of approximately MYR498,000.00 (A$166,544.04) towards JIP for the financial year ending 31 March 2019.

Jack-In Group has secured the sub-contract package works for a commercial development project in the Federal Territory of Kuala Lumpur, Malaysia at a contract value of MYR5,243,192.38. JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award as Sub-Contractor to design, supply and complete the piling, pile cap and earthworks for the development of a 23 storeys commercial building comprising of serviced apartments, elevated and basement carparks and commercial units. The project is expected to generate a revenue of MYR5,243,192.38 and a gross profit of approximately MYR524,000.00 towards JIP for the financial year ending 31 March 2019.

Jack-In Group has secured the sub-contract package works for a commercial development project in the State of Selangor, Malaysia at a contract value of MYR4,889,789-00 (A$1,632,105.80). JIP, via its wholly-owned subsidiary Jack"In Pile (M) Sdn Bhd has accepted the Letter of Award to provide and complete earthworks, piling, pile cap and associated works for the development project of a 37 storeys commercial building comprising of serviced apartments, elevated carparks and commercial units. The project above is expected to generate a revenue of MYR4,889,789-00 and a gross profit of approximately MYR490,000.00 towards JIP for the financial year ending 31 March 2019.

The suspension of the company's securities will continue pending the outcome of an independent accountant review. The company has obtained the approval from the Singapore authority to submit the full year account by October 2018.

The securities of Jack-In Group Limited will be suspended from quotation immediately, in accordance with Listing Rule 17.3, pending the Company providing an announcement clarifying audit matters with its auditors on its financial accounts for the year ending 31 March 2018. The securities will remain suspended until the Company provides an announcement on this matter suitable to the ASX.

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