Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the announcement in relation to the Proposals dated 5 March 2026.

Reference is made to the announcements dated 5 March 2026 and 13 March 2026 in relation to the Proposed Transfer.

On behalf of the Board, Malacca Securities wishes to announce that the Company has, after due and careful consideration, decided to withdraw its application for the Proposed Transfer, which was submitted to the Securities Commission Malaysia on 12 March 2026.

The decision was made after taking into consideration the Company's operating environment. The Board believes it is in the best interest of the Company to focus on the continued pursuit of growth opportunities while maintaining its disciplined approach to cost management and operational efficiency, with a view to revisit the Proposed Transfer at a more appropriate and strategic time.

This announcement is dated 9 September 2026.