PUBLIC APOLOGY

1. UBB Amanah Berhad (“UBB”) has taken issue with several misleading Webinars and Facebook post(s) on Cash Trust that were published by Learnabee International Sdn Bhd (“Learnabee”) and Evanna Low Fei Ting (“Evanna”) on Learnabee’s website and Facebook page.

2. To protect its reputation and business, UBB brought a lawsuit against, inter alia, Learnabee and Evanna in Kuala Lumpur High Court Suit No. WA-22NCvC-393-07/2022. Pursuant to discussions UBB and Learnabee and Evanna have agreed to a full and final settlement of the lawsuit filed by UBB.

3. Learnabee and Evanna agree that they are not in any manner qualified nor have any regulatory authority to make any kind of statement, insinuation, allegation or declaration regarding the products and services of UBB and specifically to make any kind of statement, insinuation, allegation or declaration regarding Cash Trusts.

4. Learnabee and Evanna hereby agree that all the misleading statements regarding Cash Trusts that UBB took issue with in the said civil suit will be removed from their Webinars, Websites and Facebook pages with immediate effect as an unconditional act of repentance on their part.

5. Learnabee and Evanna deeply regret their actions and hereby offer their sincere, unconditional and unreserved apologies to UBB, its Directors, Shareholders, employees, UBB’s affiliates and the public for all of their misleading statements that UBB took issue with regarding UBB and/or UBB’s Cash Trust product(s). 

4:59pm, 09 Feb 2024

Learnabee International Sdn Bhd

Evanna Low Fei Ting