The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements dated 15 August 2025, 25 August 2025 and 23 September 2025 in relation to Company's non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements, and the announcement dated 22 August 2025 in relation to the closing of the Offer (collectively, the "Announcements") shall apply herein.

We refer to the Offer Document and the Announcements. 

The Board wishes to announce that based on the record of depositors of Kim Hin as at 27 November 2025 , the public shareholding spread of Kim Hin stood at 23.65%.  Accordingly, Kim Hin does not comply with the Public Spread Requirement.

For information purposes, the shortfall in the public shareholding spread was a direct consequence of Valid Acceptances pursuant to the Offer and the dealings in Kim Hin Shares by Mr. Chua Seng Huat (being one of the Joint Offerors) during the period of the Offer.

Notwithstanding the above, Bursa Securities had vide its letter dated 9 September 2025 granted the Company an extension of time of six (6) months until 13 February 2026 to comply with the Public Spread Requirement.

As at the date of this announcement, the Company has yet to formulate any rectification plan to address the shortfall in the Public Spread Requirement. The Company will make the necessary announcements in relation to the status of its effort to comply with the Public Spread Requirement.

This announcement is dated 28 November 2025.