We refer to our previous announcement dated 30 December 2025 in relation to the Demand for Arbitration against Exyte Malaysia Sdn Bhd (“Exyte”).

The Board of Directors of Chin Hin Group Berhad (“CHGB” or “the Company”) wishes to announce that Kayangan Kemas Sdn. Bhd. (“KKSB”), a subsidiary of the Company, had on 20 January 2026 received an Answering Statement and Counterclaim filed by Exyte in accordance with the American Arbitration Association’s Construction Industry Arbitration Rules. This was filed in response to KKSB’s Demand for Arbitration.

In Exyte’s Answering Statement and Counterclaim, Exyte raised a preliminary objection to the commencement of arbitration by KKSB and denied the claims raised by KKSB in the Demand for Arbitration. Exyte also counter-claimed against KKSB for damages in the sum of approximately RM258 million for, among others, recoupment of advance payment together with interest and finance charges, liquidated damages, and additional costs and expenses incurred. At this juncture, Exyte has not fully particularise its counterclaims against KKSB.

KKSB will vigorously dispute these counterclaims and raise a detailed response in due course during the arbitration proceedings. To-date, the arbitral tribunal has yet to be constituted.  

The Company will make the appropriate announcements to Bursa Malaysia Securities Berhad (“Bursa Securities”) as and when there are material developments in relation thereto in accordance with Main Market Listing Requirements of Bursa Securities.

This announcement is dated 29 January 2026.