On behalf of the Board of Directors of Y&G (“Board”), M & A Securities Sdn Bhd (“M&A Securities”) wishes to announce that the Company proposes to undertake the following:

(i)  acquisition by Nusa Wibawa Sdn Bhd, a wholly-owned subsidiary of Y&G, of 3 parcels of leasehold land all located in Mukim of Labu, District of Sepang, Selangor, measuring in aggregate approximately 38.45 hectares (95.02 acres) (“Sepang Lands”) from Nurani Saujana Sdn Bhd (“NSSB”) for a cash consideration of RM206.0 million (“Proposed Acquisition of Sepang Lands”);

(ii) acquisition by Duta Asiana Sdn Bhd, a wholly-owned subsidiary of Y&G (“DASB”) of a parcel of land measuring approximately 148.52 hectares (367 acres) held under master title of GRN 339968, Lot No. 22124, located in Mukim of Ujong Permatang, District of Kuala Selangor, Selangor, (“KS Land”) from Asian Regal Holdings Sdn Bhd (“ARHSB”) for a cash consideration of RM189.0 million (“Proposed Acquisition of KS Land”); and

(iii) acquisition by Y&G of 1,000,000 ordinary shares in Konsep Wawasan Sdn Bhd (“KWSB”) (“KWSB Share(s)”), representing 100% equity interest in KWSB, for a cash consideration of RM82.0 million (“Proposed Acquisition of KWSB”)

Further details in relation to the Proposals are set out in the attachment below.

This announcement is dated 11 August 2025.