On behalf of the Board of Directors of Arka ("Board"), M & A Securities Sdn Bhd ("M&A Securities") wishes to announce that the Company proposes to undertake the disposal of 800,000 ordinary shares representing the 40% equity interest in Enfrasys Solutions Sdn Bhd to Joy Jewel Sdn Bhd for a disposal consideration of RM43.0 million to be satisfied entirely via cash ("Proposed Disposal").
Further details in relation to the Proposed Disposal are set out in the attachment below.
This announcement is dated 9 April 2026.