On behalf of the Board of Directors of KHJ, UOB Kay Hian (M) Sdn Bhd (formerly known as UOB Kay Hian Securities (M) Sdn Bhd) wishes to announce that the Company proposes to undertake the proposed internal reorganisation by way of a members’ scheme of arrangement under Section 366 of the Companies Act 2016 comprising the following:-

1. proposed shares exchange of 380,000,000 ordinary shares in KHJ (“KHJ Share(s)”), representing the entire issued share capital of KHJ with 380,000,000 new ordinary shares in Arvex Berhad (including treasury shares, if any) (“Arvex”) (“Arvex Share(s)”) on the basis of 1 new Arvex Share for every 1 existing KHJ Share held on an entitlement date to be determined later; and
2. proposed assumption of the listing status of KHJ by Arvex as well as the admission of Arvex to and withdrawal of KHJ from the Official List of Bursa Malaysia Securities Berhad (“Bursa Securities”) with the listing of and quotation for all Arvex Shares on the ACE Market of Bursa Securities.

(collectively referred to as the “Proposed Internal Reorganisation”)

In conjunction with the Proposed Internal Reorganisation, KHJ had, on 10 October 2025, entered into a conditional scheme agreement with Arvex, a newly incorporated company established to serve as the holding company of KHJ, to facilitate the implementation of the Proposed Internal Reorganisation.

The Proposed Internal Reorganisation aligns with KHJ’s long-term objectives to establish a more flexible corporate structure that enables KHJ and its subsidiaries to pursue growth initiatives and business expansion in a more efficient and scalable manner. The establishment of Arvex as the new holding company will provide an adaptable platform to support future corporate exercises and expansion plans. It will also enhance resource allocation, risk management, and strategic focus.

Further details of the Proposed Internal Reorganisation are set out in the attachment below.

This announcement is dated 10 October 2025.