Reference is made to the offer document dated 3 February 2026 issued by Sunway Berhad in relation to the Offer.

The Board of Directors of IJM wishes to announce that IJM has on 6 April 2026 received a press notice from Maybank Investment Bank Berhad on behalf of the Offeror informing that the Offer has closed at 5:00 p.m. (Malaysian time) on Monday, 6 April 2026 ("Closing Date").

In accordance with Paragraph 13.01 of the Rules on Take-overs, Mergers and Compulsory Acquisitions, the Offeror through its subsidiary, namely Fortuna Gembira Enterpris Sdn Bhd has received valid acceptances under the Offer and resulting in the Offeror holding 1,171,716,556 IJM shares, representing 33.43% of the total voting shares of IJM (excluding treasury shares) as at the Closing Date.

The Offer is conditional upon the Offeror having received, on or before the Closing Date, valid acceptances which would result in the Offeror holding, in aggregate, more than 50% of the voting shares in IJM ("Acceptance Condition").  Accordingly, as the Acceptance Condition was not fulfilled as at the Closing Date, the Offer has lapsed.

Please refer to the attached press notice for further information.

This announcement is dated 6 April 2026.