Pursuant to paragraph 8.23(1)(ii) and paragraph 3 of Practice Note 11 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the financial assistance provided for the quarter ended 31 March 2020 to facilitate the ordinary course of business of AMPROP Group is set out below:

1. Unsecured Subordinated Loan Notes value at £4,230,000 (equivalent to approximately RM22.4 million based on exchange rate of £1:RM5.3015 on 31 March 2020) subscribed by AMPROP as financial assistance to a joint venture, Bankside Quarter (Jersey) Limited to fund the development and working capital of the project.

The financial assistance provided does not have any material impact on the earnings, net assets and gearing of AMPROP Group.

This announcement is dated 18 June 2020.