(Unless otherwise stated, all abbreviations and definitions used in this announcement shall have the same meaning as those defined in the announcement dated 14 October 2025).

We refer to the Company's announcement dated 14 October 2025 in relation to the Non-mandated RRPT.

The Board of Directors of LHIB wishes to announce that the aggregate value of the additional Non-mandated RRPT, based on the latest unaudited financial statements of LHIB for financial year ended 31 December 2025, from 15 October 2025 to 2 March 2026 is RM1,006,271.94 or equivalent to 0.19% of the applicable percentage ratio.

Further details are summarized as follows:

Nature of additional Non-mandated RRPT

The additional Non-mandated RRPT entered into by LHIB Group is in the ordinary course of business and of a revenue and/or trading nature which was occurred with some degree of frequency and will rise at any time and from time to time. The additional Non-mandated RRPT may be constrained by the time-sensitive nature and confidentiality of such transaction of the minority shareholders and are on terms not more favourable to the related parties than those generally available to the public and are not detrimental to the interest of the minority shareholders.

Rationale of additional Non-mandated RRPT

The rationale for LHIB Group to enter into the additional Non-mandated RRPT is to take advantage of efficiency in business dealings, in particular to maximize the utliisation of available resources, to reduce the fixed overhead cost and to meet delivery schedule. LHIB Group and HCESB have a good understanding of each other’s business needs, thus providing a platform where all parties can benefit from conducting the transactions. This, in turn would ultimately benefit LHIB Group and the shareholders of the Company by enhancing profitability and returns on shareholders’ funds.

Financial Effect of additional Non-mandated RRPT

The additional Non-mandated RRPT is not expected to have any significant effect on the earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding of LHIB.

Interests of Directors, Major Shareholder and/or persons connected with them

Save and except for Mr. Tan Uei Jye (“Mr. Tan”), none of the Directors, other Major Shareholders of the Company and/or person(s) connected with them has any direct or indirect interest in the additional Non-mandated RRPT. 

Approval required

The additional Non-mandated RRPT is not subject to the approval of shareholders or any relevant authorities as the highest aggregated percentage ratio of the value transacted up to the announcement date is 0.37%.

In anticipation of the increase in frequency or number of transactions with the Related Party, shareholders’ mandate will be sought for the Non-mandated RRPT at the forthcoming annual general meeting with a circular to shareholders to be issued.

Statement by Audit Committee

The Audit Committee having considered the rationale and all aspects thereof, is of the view that the additional Non-mandated RRPT is undertaken on normal commercial terms that are not more favourable to the related parties than those generally available to the public and is in the best interests of the Company, fair, reasonable and not detrimental to the interests of the minority shareholders.

Statement by Board of Directors

The Board of Directors having considered all aspects of the additional Non-mandated RRPT, is in the opinion that it is in the best interest of the Company.

This announcement is dated 2 March 2026.