(For consistency purposes, the abbreviations used throughout this announcement shall have the same meanings as defined in the circular to shareholders dated 16 April 2026 in relation to the Proposals ("Circular"), where applicable, unless stated otherwise or defined herein.)

Reference is made to the Company's announcements dated 18 November 2025, 21 January 2026, 4 May 2026 and 22 May 2026 in relation to the Proposals.

On behalf of the Board, Berjaya Securities wishes to announce that the Company had on 29 October 2026 exercised the Option to Sell Lot 1166 and Lot 1541 by delivering a Sale Exercise Notice to SCM, pursuant to the terms of the Tenancy Agreement (as supplemented by the Supplemental Letter to the Tenancy Agreement) as set out in Section 5.2(ii) of Appendix VII of the Circular.

Upon the delivery of the Sale Exercise Notice, the Company and SCM had on even date entered into the Land SPA for Lot 1166 and Lot 1541 at the pre-agreed purchase price of RM24.00 million.

For avoidance of doubt, the purchase price is subject to adjustment whereby it shall be reduced by an amount equivalent to the aggregate of all rental sums and service tax on the rental sums paid by SCM to SCIB, on and from the date of the Tenancy Agreement, which shall be computed and determined in due course.

The Company will make further announcement(s) as and when there are material developments in relation to the above.

This announcement is dated 29 October 2026.