GLOBETRONICS TECHNOLOGY BHD. (GTB OR THE COMPANY)
INVESTMENT IN MPIRE GLOBAL BERHAD (MPIRE)

We refer to your Company’s announcement dated 18 July 2025, in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) Given that the entire block of 277,216,151 ordinary shares (30.85%) and 135,588,760 Warrants C (45.27%) of MPIRE were acquired from off-market transactions on 17 July 2025, please disclose the identity of the vendor(s) that disposed off the ordinary shares and Warrants C to GTB together with the breakdown of shares/Warrants C. In the event the vendor(s) is a corporation, please also disclose the name of directors and substantial shareholders together with their shareholdings (in %).

2) Based on the details of the vendors disclosed above, please assess and confirm whether the Investment by GTB in MPIRE constitutes the related party transaction as defined under Chapter 10 of the Main Market Listing Requirements.

3) Disclosure of segmental revenue and profit-after-tax/loss-after-tax contribution of MPIRE Group based on the audited financial information for the past 3 financial years together with the commentaries of financial performance of each of the following business segments:

a) Property Construction and Development

b) Furniture manufacturing & trading

c) Rental of building with comprehensive services

d) Financing Services

e) Fleet Management Services

f) Others

Based on the above performance analysis and taking into consideration GTB principal business relates to outsourced semiconductor assembly & test and semiconductor industry, please provide further justification and elaboration as to how the Investment represents a good investment opportunity for GTB Group and aligns with its long-term transformation strategy and provide business synergistic to its existing business.

4) For completeness of information, please disclose the total outstanding ordinary shares and outstanding Warrants C of MPIRE and provide the breakdown of shareholdings held by GKL in MPIRE as follows:

5) Based on the above, please disclose whether the Investment and potential conversion of the Warrants C would give rise to any mandatory take-over offer obligation on GKL/GTB pursuant to the Rules on Take-overs, Mergers and Compulsory Acquisitions of Securities Commission Malaysia and non-compliance with the public shareholding spread requirements.   

6) To provide monthly high and low market prices of MPIRE’s securities for the past 12 months and specify the date on which the purchase prices were based prior to the Investment.

7) To also specify the percentage of premium/ discount the purchase price of RM 0.11 per MPIRE share and RM0.09 per Warrant C represent and justification for the pricing.

8) To state the rationale for acquiring approximately 54% of MPIRE’s outstanding Warrants C.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully,

Listing

Regulation

Cc : Market Surveillance Dept., Securities Commission