(Unless otherwise stated, the exchange rate of Singapore Dollar ("SGD")1.00: RM3.2085, being the middle rate quoted by Bank Negara Malaysia at 5.00 p.m. on 8 September 2026, being the latest practicable date prior to the date of this Announcement ("LPD"), has been applied throughout this Announcement)
On behalf of the Board of Directors of the Company ("Board"), Maybank Investment Bank Berhad wishes to announce that Boulevard View Pte. Ltd. ("Boulevard View" or "Purchaser"), a wholly-owned subsidiary of the Company, has, on 1 October 2026, entered into a conditional share sale and purchase agreement ("SPA") with Dato' Lee Yeow Seng ("Dato' LYS" or "Vendor") and Shenton 101 for the proposed acquisition of one (1) existing ordinary share in Shenton 101, representing 100% of the issued share capital of Shenton 101, for a purchase consideration of SGD1.00 (equivalent to RM3.21).
Pursuant to the SPA, the Purchaser shall, for and on behalf of Shenton 101, fully settle or procure the full settlement and discharge of all outstanding shareholder's advances owing by Shenton 101 to the Vendor as at the completion date of the Proposed Acquisition.
Please refer to the attachment for details on the Proposed Acquisition.
This announcement is dated 1 October 2026.