The Board of Directors of MIGB ("Board") wishes to announce that MIGB had on 15 June 2026 entered into the Sale and Purchase Agreement ("SPA") with Melewar Steel Tube Sdn Bhd ("MST" or "Purchaser"), a wholly-owned subsidiary of Mycron Steel Berhad ("Mycron"), who is in turn a 74.13% owned subsidiary of MIGB, for the disposal by MIGB, and the acquisition by MST of a parcel of leasehold industrial land held under PN 121387, Lot 10461 together with the buildings erected thereon, located in Seksyen 15, Town of Shah Alam, District of Petaling, State of Selangor ("Property") for a cash consideration of RM30.00 million ("Disposal Consideration"), subject to the terms and conditions of the SPA ("Proposed Disposal").

Please refer to the attachment for further details.

This announcement is dated 15 June 2026.