(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the announcement dated 28 January 2026)
Reference is made to the Company's announcements made on 28 January 2026,12 February 2026 and 27 April 2026, respectively.
The Board of Directors of Chin Hin Group Berhad ("CHGB" or "the Company") wishes to further announce that:
1. Status of Court Proceedings
As updated in the Company's announcement made on 27 April 2026, the High Court had:
a) granted KKSB's injunction application in respect of the Performance Bond; and
b) dismissed KKSB's injunction application in respect of the Advance Payment Bond.
On 27 April 2026, KKSB filed:
a) an appeal to the Court of Appeal against part of the High Court's decision in dismissing KKSB's injunction application in relation to the Advance Payment Bond (the "Appeal"); and
b) an Erinford injunction application to preserve the status quo of the matter pending the disposal of KKSB's Appeal before the Court of Appeal (the "Erinford Injunction Application").
On 28 April 2026, the parties appeared before the High Court in relation to the Erinford Injunction Application. Upon hearing the parties, the High Court fixed the Erinford Injunction Application for hearing on 25 May 2025. Pending the hearing on 25 May 2025, the High Court granted an ad interim injunction to preserve the status quo of the matter.
2. Confirmation as to Whether KKSB is a Major Subsidiary
KKSB is not a major subsidiary.
3. Further Announcements
The Company will make the appropriate announcements to Bursa Malaysia Securities Berhad ("Bursa Securities") as and when there are material developments in relation thereto in accordance with the Main Market Listing Requirements of Bursa Securities.
This announcement is dated 28 April 2026.