1. INTRODUCTION
The Board of Directors of Oxford Innotech Berhad ("OXB" or "Company") is pleased to announce that its wholly-owned subsidiary, CG Solutions Enterprise Sdn Bhd ("CSESB") has on 31 July 2026 secured purchase orders with an aggregate value of RM8.8 million for the supply of precision engineering components for mass flow controllers for the semiconductor industry (the "Award").
The purchase orders were awarded by a leading United States-based company specialising in mass flow controllers, with a manufacturing facility in Malaysia. The customer serves global markets across the semiconductor, renewable energy, optical solutions and aerospace industries.
The Award comprises three (3) purchase orders, including the latest purchase order valued at RM5.6 million received on 30 July 2026, together with two (2) earlier purchase orders amounting to RM3.2 million secured in June 2026. CSESB has commenced fulfilling the purchase orders, which are expected to contribute positively to the OXB Group's earnings over the next twelve (12) months.
2. FINANCIAL EFFECTS
The Award will not have any effect on the issued share capital of the Company but it is expected to contribute positively to the future earnings and net assets per share of the OXB Group.
3. RISK FACTORS
Save for normal business risks, the Company does not foresee any other risks by accepting the Award.
4. DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS
None of the Directors and/or major shareholders of the Company and/or persons connected to them have any interest, whether direct or indirect, in the Award.
5. DIRECTORS' STATEMENT
The Board of Directors of the Company are of the opinion that the acceptance of the Award is in the best interest of the Company.
This announcement is dated 31 July 2026.