Shareholders of New Frontier Properties Ltd. and the general public are referred to the previous announcement released by the Company on 1 December 2020, whereby the board of directors (the "Board") of New Frontier announced that the Company had obtained formal approval of the Stock Exchange of Mauritius Ltd. ("SEM") to extend the deadline for publishing its abridged consolidated audited financial statements for the year ended 31 August 2020 and its abridged consolidated unaudited financial statements for the three months ended 30 November 2020 (the "Accounts") until 26 February 2021. The Board to further apprise its shareholders and the general public that the audit process of New Frontier's consolidated financial statements for the year ended 31 August 2020 is still on-going, and has been subject to various hindrances owing to the Covid-19 and other administrative issues. The audit of the Guernsey subsidiary companies has also been delayed due to the aforesaid reasons. Furthermore, given that the Company's interim (quarterly) report for the period ended 28 February 2021 can only be finalised following completion of the audit process, the Company will also not be able to publish its abridged consolidated unaudited financial statements for the three months and six months ended 28 February 2021 within the statutory deadline of 45 days, being 14 April 2021.