On behalf of the Board of Directors of OGX, UOB Kay Hian (M) Sdn Bhd wishes to announce that OSB had, on 21 July 2026, entered into a conditional sale and purchase agreement with Trisystems Engineering Sdn Bhd for the proposed acquisition of a 3-storey detached warehouse with a 4-storey office annexed thereto and a guardhouse, all of which are erected on a parcel of freehold land held under Geran 204608, Lot 78642, Mukim Damansara, District of Petaling, State of Selangor, with a land area of 4,086.00 square metres (equivalent to approximately 43,981.70 square feet), for a total cash consideration of RM19.0 million.
The Proposed Acquisition forms part of the intended utilisation of public issue proceeds disclosed in OGX's prospectus dated 12 February 2026, whereby RM30.0 million of the proceeds raised from its initial public offering has been earmarked for the acquisition of a new headquarters of OGX together with the associated renovation and fit-out costs.
Further details of the Proposed Acquisition are set out in the attachment below.
This announcement is dated 21 July 2026.