Pursuant to Paragraph 9.04(f) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the following litigation involving  Hillpark Resources Sdn. Bhd. ("HRSB"), a wholly-owned subsidiary of the Company and MKH Berhad:-

1)      HRSB and the Company received the Writ of Summons and Statement of Claim on 2 December 2025 filed by by Mohd Zikri bin Md. Zaini and 46 Others ("Plaintiffs”) (High Court of Shah Alam: Civil Suit No. BA-22NCvC-546-11/2025).

2)      Summary of the claims by the Plaintiffs as follows:-

a)      that the Defendants failed to comply with their legal and engineering duties in the construction, modification and maintenance of the retention pond constructed by HRSB, with regards to the flood incidents on 29 December 2024 and 23 April 2025 at the area of the Plaintiffs’ property;

b)      that the Defendants are jointly and/or severally liable to compensate the Plaintiffs for the damage and losses suffered by the Plaintiffs;

c)      that the Defendants reconstruct the retention pond in accordance with the design and engineering standards approved by the Department of Irrigation and Drainage (“JPS”), prepare a comprehensive flood mitigation plan approved by the local authority and appoint an independent engineering consultant certified by JPS to conduct a technical audit of the structure of the retention pond and to report the findings of such audit to JPS;

d)      special damages in the sum of RM1,025,609-44;

e)      general damages in the amount of RM500,000 for each house (RM500,000 x 28 units), or a total sum of RM14,000,000 or such other amount as the Court deems fit;

f)       exemplary damages in a reasonable sum to be determined by the Court;

g)      interest at the rate of 5% per annum;

h)      costs on client and solicitor basis;

i)       costs of this action; and

j)       any other relief and/or orders as the Court may deem fit.

The above retention pond was constructed by HRSB, the developer for Bandar Hillpark, Shah Alam.

MKH Berhad was advised by its solicitors that it has good grounds to oppose the Suit as it is not the developer for the Bandar Hillpark project and was not involved in the construction of the retention pond. MKH Berhad will take the necessary legal action to oppose the Suit.

HRSB is currently seeking legal advice of its Solicitors in order to successfully defend the Suit. Based on HRSB’s preliminary assessment, the retention pond was constructed in accordance and in compliance with the authority’s requirements and upon seeking proper professional advice during its construction.

The Suit is not expected to have any material operational and financial impact on the earnings per share and net assets per share of MKHB for the financial year ending 30 September 2026.

None of the Directors and/or major shareholders of the Company, or persons connected with them have any interest, direct or indirect, in the aforesaid proceeding.

This announcement is dated 2 December 2025.