With reference to the announcement made on 15 September 2026, on behalf of the Board of Directors of Mah Sing, Hong Leong Investment Bank Berhad ("HLIB") is pleased to announce that the Company has today completed the issuance of rated and unsecured Sukuk Murabahah with an aggregate nominal value of RM300.0 million in two (2) series under the Company's existing Sukuk Murabahah Programme which has been assigned a final credit rating of AA-IS with a stable outlook by MARC Ratings Berhad:-

1. Tranche 7 Series 1: nominal value of RM95.0 million with a tenure of three (3) years; and

2. Tranche 7 Series 2: nominal value of RM205.0 million with a tenure of five (5) years.

The proceeds raised from this issuance of Sukuk Murabahah will be utilised for Shariah-compliant purposes which may include landbanking, capital expenditures, investments and working capital of Mah Sing and its subsidiaries ("Group") and associate companies as well as the refinancing of the Group's existing borrowings and/or redemption of the existing Sukuk Murabahah.

HLIB is the Principal Adviser, Lead Arranger and Lead Manager for the Sukuk Murabahah Programme.

This announcement is dated 22 October 2026.