We refer to the announcements dated 5 June 2026, 21 July 2026, 29 July 2026, 13 August 2026, 3 September 2026 and the Company's circular to its shareholders dated 14 August 2026 in relation to the Proposed Rights Issue ("Circular").

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Circular).

On behalf of the Board, CGS MY wishes to announce that the Board has on 21 September 2026 ("Price-Fixing Date") fixed the Issue Price for the Rights Share at RM1.00, after taking into consideration, amongst others, the following:

1. the minimum gross proceeds of RM60.83 million to be raised from the Proposed Rights Issue. Accordingly, the Issue Price of the Rights Shares has been fixed at no less than RM1.00 per Rights Share to ensure that the minimum gross proceeds required for the utilisation of proceeds of the Rights Issue can be achieved based on the Minimum Subscription Level; and

    

2. the prevailing market conditions and market prices of Well Chip Shares, with the Issue Price being fixed at a discount of up to 15% to the TERP of Well Chip Shares based on the 5-day VWAP of Well Chip Shares immediately preceding the Price-Fixing Date, provided always that the Issue Price shall not be less than RM1.00 per Rights Share.

The Issue Price of RM1.00 per Rights Share, representing a discount of RM0.1628 or approximately 14.00% to the TERP of RM1.1628 per Well Chip Share, calculated based on the 5-day VWAP of Well Chip Shares of RM1.1953 up to and including 18 September 2026, being the last market day immediately preceding the Price-Fixing Date.

This announcement is dated 21 September 2026.