Reference is made to the Company's announcements made on 20 March 2024, 16 October 2024, 27 December 2024, 30 December 2024, 31 December 2024, 8 May 2025, 30 May 2025, 24 September 2025, 14 November 2025, 22 January 2026, 21 April 2026, 28 April 2026 and 14 May 2026 ("Announcements"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements.

On behalf of the Board of Directors of SCGM, Berjaya Securities wishes to announce that the SC had, vide its letter dated 9 June 2026 (which was received on 10 June 2026), informed that the application for extension of time of 6 month until 28 November 2026 has been approved, subject to the completion of the assessment on the impact of the Iran war on the business operations and financial performance of the Eramas Group, and its implications on the proposed acquisition of the entire equity interest of Eramas Global Group ("Proposed Acquisition"), including the valuation of the Eramas Group and accordingly, the purchase consideration for the Proposed Acquisition. Where the assessment indicates a material adverse impact, the Board of Directors of SCGM should revise the terms of the Proposed Acquisition or provide justification demonstrating that the Proposed Acquisition remains fair and reasonable and is not detrimental to the interest of the minority shareholders of SCGM.

The SC's approval is granted in accordance with Section 214(2) of the CMSA, read together with Paragraph 10.01 of the Equity Guidelines. All other terms and conditions as contained in the SC's approval letter in relation to the Proposed Regularisation Plan dated 29 May 2025 and the SC's letter dated 21 January 2026 in respect of the first extension of time, remain unchanged.

This announcement is dated 10 June 2026.