Reference is made to the Company's announcement dated 6 April 2026 in relation to the Proposed Disposal. Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the earlier announcement.
The Board of Directors wishes to announce that, as at the date of this announcement, the Balance Sale Consideration remains outstanding, pending the Purchaser's bank processing and release of the Balance Sale Consideration.
In view of the outstanding Balance Sale Consideration, the Vendor and the Purchaser have mutually agreed in writing to further extend the completion date of the Proposed Disposal to the fourth quarter of 2026 ("Extended Completion Date"). Accordingly, the Proposed Disposal is now expected to be completed in the fourth quarter of 2026.
Save as disclosed above, all other terms and conditions of the SPA remain unchanged.
The Company will continue to monitor the matter closely and will make further announcement(s) to Bursa Securities as and when there are material developments.
This announcement is dated 23 September 2026.