M & A Securities Sdn Bhd, on behalf of the Board of Directors of CHGP ("Board"), wishes to announce that Chin Hin Property (JSI) Sdn Bhd ("CHPJSI" or "Purchaser"), had on 8 July 2026 entered into a conditional sale and purchase agreement ("SPA") with YNH Land Sdn Bhd ("YNHL" or "Vendor"), for the proposed acquisition of a freehold land located in Kuala Lumpur ("Land") for a purchase consideration of RM455.0 million ("Purchase Consideration") to be satisfied by cash of RM409.5 million, the issuance of 455,000 redeemable preference shares in CHPJSI amounting to RM45.5 million and the issuance of 25,000 ordinary shares in CHPJSI at an issue price of RM1.00 each to the Vendor ("Proposed Acquisition").

This announcement is dated 8 July 2026.