The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Proposals.

Reference is made to the Company's announcements dated 17 April 2025, 25 July 2025 and 21 August 2025 in relation to the Proposals.

We refer to the earlier announcement dated 21 August 2025 wherein the Purchaser and the Vendor have mutually agreed to terminate the SPA dated 17 April 2025 via a deed of termination. In addition, it was announced that a new sale and purchase agreement will be entered into in due course once the Purchaser and the Vendor have agreed on the revised terms of the Proposed Acquisition, and details of the same shall be announced accordingly as and when appropriate.

On behalf of the Board, Berjaya Securities Sdn Bhd (formerly known as Inter-Pacific Securities Sdn Bhd) wishes to announce that the Purchaser and the Vendor have been unable to agree on revised terms for a new sale and purchase agreement in respect of the Proposed Acquisition. Accordingly, the Proposed Acquisition has been terminated and will no longer proceed.

In view of the above, the Proposed Diversification and Proposed Share Consolidation, which were undertaken in conjunction with the Proposed Acquisition, will also no longer proceed.

This announcement is dated 16 June 2026.