We refer to your Company's announcement dated 29 June 2026, in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1)     To specify the terms of the JVA which remain unfulfilled by the expiry date of the Extended Completion Date and to also state such expiry date accordingly.

2)     To provide details of the actions/work carried out by TBSB since entering into the JVA with GDSB on 12 June 2014, which shall include but not limited to a tabulation of the application(s) submitted to the relevant authority(ies) to obtain the relevant approvals/consents, including the approval/consent for conversion of the development land and the layout and building plans etc. in the following manner:

3)     To quantify the consideration sum paid to GDSB but pending refund to TBSB arising from the termination of the JVA. In this respect, please also address the following:

(a)    To specify the last date for such amount to be refunded to TBSB by GDSB;

(b)    To provide the reason for agreeing to the 12-month refund period instead of a shorter duration; and

(c)    In the event of a delay by GDSB in refunding the consideration sum to TBSB, please clarify whether there will be any penalty and/or interest charge due to such delay. If yes, please provide the relevant details of the penalty and/or the chargeable interest accordingly. In addition, to also explain the action to be taken by TBSB in the event GDSB fails to refund the consideration sum as agreed.

4)     Apart from the consideration sum mentioned under item (3) above, please disclose the following:

(a)    Whether or not TBSB made any other payment(s) to GDSB. If yes, please disclose the payment amount, payment date(s) and details of the purpose of such payment(s) accordingly and whether or not such payment(s) are refundable by GDSB arising from the termination of the JVA together with details of the applicable penalty and/or chargeable interest, if any; and

(b)    The total amount of other costs/expenses incurred by TBSB since entering into the JVA together with the breakdown details of the purpose/description of such costs/expenses incurred and the relevant date(s) involved.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully,
Listing 

Group Regulation
 

Cc : Market Surveillance Department, Securities Commission Malaysia