Reference is made to the Company's announcement dated 14 July 2026 in relation to the Proposed Disposals and the Proposed Call Option (collectively, referred to as the "Proposals") ("Earlier Announcement"). Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall have the same meaning as those previously defined in the Earlier Announcement.
The Board wishes to announce that upon completion of the Proposed Disposals, the Company is proposing to provide financial assistance in favour of RUSB and LPBC (collectively, the "Target Companies"), subsidiaries of the Company in the form of corporate guarantees for the existing banking facilities of the Target Companies from licensed financial institutions based in Malaysia ("Banking Facilities") ("Proposed Provision of Financial Assistance"). The purpose of the Banking Facilities is to support the existing working capital requirements of the Target Companies.
Please refer to the attached file for further details of the Proposed Provision of Financial Assistance.
This announcement is dated 31 July 2026.