On behalf of the Board of Directors of SCIB ("Directors") ("Board"), Berjaya Securities Sdn Bhd (formerly known as Inter-Pacific Securities Sdn Bhd) ("Berjaya Securities") wishes to announce that the Company proposes to undertake the following proposals:-

(i)         proposed diversification of the existing business of SCIB and its subsidiaries ("SCIB Group" or the "Group") to include the business of property development and related activities ("Property Development Business") ("Proposed Diversification"); and

(ii)         proposed establishment of an employees' share option scheme ("ESOS" or "Scheme") involving up to 15% of the total number of issued shares of the Company (excluding treasury shares, if any) for eligible Directors and employees of the Group ("Proposed ESOS").

The Proposed Diversification and the Proposed ESOS are collectively referred to as the "Proposals".

Please refer to the attachment for further details on the Proposals.

This announcement is dated 22 September 2026.