On behalf of the Board of Directors of PCCS ("Board"), Malacca Securities Sdn Bhd ("Malacca Securities") wishes to announce that the Company proposes to undertake the following proposals:

(i) proposed ratification of diversification in the existing business of PCCS and its subsidiaries ("Group") to include credit financing and related insurance business pursuant to Paragraph 10.13 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") ("Proposed Ratification"); and

(ii) proposed distribution of the entire issued share capital of Southern Capital Group Sdn Bhd ("SCG") held by PCCS to its existing shareholders by way of a reduction of the issued and paid-up share capital of PCCS by RM33,734,705 ("Proposed Distribution").

(Collectively referred to as the "Proposals")

Please refer to the attachment for further details in relation to the Proposals.

This announcement is dated 13 July 2026.