On behalf of the Board of Directors of Wentel ("Board"), TA Securities Holdings Berhad ("TA Securities") wishes to announce that the Company proposes to undertake a proposed acquisition by Wentel Engineering Sdn Bhd ("WESB" or the "Purchaser"), a wholly-owned subsidiary of Wentel, of 2 units of medium industrial semi-detached factories (individually referred to as "Subject Property 1" and "Subject Property 2" respectively, and collectively, the "Subject Properties") to be erected on the master freehold land held under Title No. GRN 99403 Lot No. 813, Mukim Tebrau, District of Johor Bahru, State of Johor ("Master Land"), forming part of a proposed industrial development project named "Galaxy Industrial Park" from Twin Galaxy Development Sdn Bhd ("TGDSB" or the "Vendor"), being a related party, for a total cash consideration of RM29.58 million ("Purchase Consideration") ("Proposed Acquisition").

Please refer to the attachment for further details of the Proposed Acquisition.

This announcement is dated 18 March 2026.