The Board of Directors of Hong Seng Consolidated Berhad ("Company") wishes to announce that the Company is proposing to change the Company's name from "Hong Seng Consolidated Berhad" to "AIMAX Berhad" ("Proposed Change of Name").

The proposed name of "AIMAX Berhad" was approved and reserved by the Companies Commission of Malaysia ("CCM") on 23 December 2025.

The Proposed Change of Name is subject to the approval being obtained from the shareholders of the Company at an extraordinary general meeting to be convened at a later date to be announced. A circular to shareholders detailing the Proposed Change of Name will be issued to the shareholders of the Company in due course.

The Proposed Change of Name, if approved by the shareholders of the Company, will take effect from the date of issuance of the Notice of Registration of New Name by the CCM to the Company.

This Announcement is dated 29 April 2026.