QES

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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS QES GROUP BERHAD ("QES" or "THE COMPANY") - DISPOSAL OF INVESTMENT IN APPLIED ENGINEERING TECHNOLOGY (M) SDN. BHD. BY QES MANUFACTURING SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED DISPOSAL")

QES GROUP BERHAD

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	QES GROUP BERHAD ("QES" or "THE COMPANY") - DISPOSAL OF INVESTMENT IN APPLIED ENGINEERING TECHNOLOGY (M) SDN. BHD. BY QES MANUFACTURING SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED DISPOSAL")
The Board of Directors of QES Group Berhad ("QES" or "the Company") wishes to announce that on 20 August 2026, QES Manufacturing Sdn. Bhd. disposed of its entire 30.00% equity interest comprising 3,600,000 ordinary shares in APPLIED ENGINEERING TECHNOLOGY (M) SDN. BHD. [Company Registration No. 202101019052 (1419352-X)] ("AETM") to AE for a total cash consideration of RM1,134,000.00 only (Ringgit Malaysia: One Million One Hundred and Thirty-Four Thousand) ("Proposed Disposal"). Please refer to the attachment for further details on the Proposed Disposal. This announcement is dated 20 August 2026.

Please refer attachment below.

Attachments

QES-Disposal of AETM Investment (Final).pdf
184.2 kB

Announcement Info

Company Name	QES GROUP BERHAD
Stock Name	QES
Date Announced	20 Aug 2026
Category	General Announcement for PLC
Reference Number	GA1-18082026-00041

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