1.       INTRODUCTION

The Board of Directors (“Board”) of EPB Group Berhad ("EPB" or "Company") wishes to announce that the Company had on 18 August 2025 incorporated a new subsidiary, AI Medic Device Equipment Supplies Sdn. Bhd. (“AI MEDIC”) (“Incorporation”).

2.       INFORMATION ON AI MEDIC

AI MEDIC is a private limited company incorporated in Malaysia under the Companies Act 2016 on 18 August 2025 and its intended principal business activities are:

(i) sales, distribution and integration of robotic technology, automation technology and/or AI-powered food processing and packaging machinery solutions;

(ii) sales, distribution and integration of AI-powered medical services and healthcare equipment; and/or

(iii) sales, distribution and integration of other machinery and equipment.

The share capital of AI MEDIC is RM3,000 comprising of 3,000 ordinary shares. The directors and shareholders of AI MEDIC as at the date of Incorporation are as follows:-

3.       RATIONALE FOR THE INCORPORATION

The Incorporation of AI MEDIC is to enhance the existing offerings of EPB and its subsidiaries (“EPB Group”) in sales, distribution and integration of robotic technology, automation technology and AI-powered food processing and packaging machinery solutions; as well as to expand the business operations of EPB Group to include sales, distribution, and integration of AI-powered medical services and healthcare equipment.

4.       PROSPECTS

With the Incorporation, AI MEDIC is expected to benefit EPB Group with additional revenue stream and diversification of customer base through the expansion into sales, distribution and integration of AI-powered medical services and equipment catering primarily for medical and healthcare-related industries and customers.

5.       FINANCIAL EFFECTS

The Incorporation is funded through internally generated funds, in the form of share subscription contribution from EPB and Mr. Fan, Yanlin. It is not expected to have any material effect on the earnings per share, net assets per share, and gearing of EPB Group for the financial year ending 31 December 2025. The Incorporation will not have any effect on the share capital and substantial shareholders’ shareholding of EPB.

6.       APPROVALS REQUIRED

The Incorporation is not subject to the approval of any governmental authorities or the shareholders of EPB. 

7.       INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH THEM

Save for Mr. Yeoh Chee Min and Madam Ooi Kim Kew, the directors of EPB who are also the directors of AI MEDIC, none of the directors and/or major shareholders of EPB and/or persons connected with them have any interest, whether direct or indirect, in AI MEDIC.

8.       DIRECTORS’ STATEMENT

The Board, after taking into consideration all aspects of the Incorporation, is of the opinion that the Incorporation is in the best interests of EPB.

This announcement is dated 18 August 2025.