The Board of Directors of QES Group Berhad ("QES" or "The Company") wishes to announce that QES (Singapore) Pte. Ltd., (UEN: 199204893Z) ("QSG" or "the Purchaser"), a subsidiary of QES (Asia-Pacific) Sdn. Bhd. [Company Registration No. 199101015846 (226158-U)] ("QAP"), which is in turn an indirect subsidiary of QES, had on 08 September 2026 entered into a Sale and Purchase Agreement ("SPA") with JVA Nir Pte. Ltd. (UEN: 202501429E) ("the Vendor" or "JVA") for the proposed acquisition of two (2) office units, located at 21 New Industrial Road #05-04 and #05-05, Space Nova, Singapore 536207 ("the Properties") for a total purchase consideration of SGD5,470,000/- only (Singapore Dollar: Five Million Four Hundred and Seventy Thousand), equivalent to approximately RM17,488,000/- (Ringgit Malaysia: Seventeen Million Four Hundred and Eighty Eight Thousand) based on current exchange rate ("Proposed Acquisition").