The board of directors of Astaka Holdings Limited updated the Company's shareholders that in light of the weak sentiment surrounding the Malaysian residential property sector, prolonged closures of international borders and the disruption caused by the COVID-19 pandemic arising from, inter alia, the nationwide "total lockdown" imposed by the Malaysian government since 1 June 2021, the Group expects to report a net loss for the three-month financial period ended 30 June 2021 ("4QFY2021") and twelve-month financial period ended 30 June 2021 ("12MFY2021"). The Company is still in the midst of finalising its financial results for 4QFY2021 and 12MFY2021 (the "Results").