The Board of Directors ("Board") of  MUIB wishes to announce that London Vista Hotel Limited (“LVHL”), a wholly-owned subsidiary of MUI Media Ltd and which in turn is a wholly-owned subsidiary of MUIB, had on 6 March 2026 entered into a preference share subscription and holder’s agreement (“PSSHA”) with Flamepro Limited (“FL”), a wholly-owned subsidiary of Cesuco Trading Limited, which in turn is a wholly-owned subsidiary of MUI Properties Berhad (“MUIP”), an indirect 72.27%-owned subsidiary of MUIB, for the issue and allotment of 1,000,000 cumulative redeemable non-convertible preference shares (“CRNCPS”) representing 15.8% of the total number of the issued preference shares of LVHL to FL at a  total cash subscription price of GBP1,000,000 (“Subscription Consideration”) (collectively known as “Proposed CRNCPS Allotment”).

Please refer to the attachment for the details of the announcement.

This announcement is dated 6 March 2026.