The Board of Directors ("Board") of EG Industries Berhad ("EGIB" or "the Company") wishes to announce that a wholly-owned subsidiary, SMT Technologies Sdn. Bhd. ("SMTT") had recently secured confirmed purchase order ("PO") valued at USD241.6 million for the high-speed 800G Optical Modules and wireless access related products from an existing key customer, Customer C.
Customer C is a global technology leader with expertise in industry leading research and development and cutting-edge manufacturing for, among others, high-speed optical modules, wireless access broadband, carrier ethernet and edge computing.
The PO is expected to be fulfilled in tranches over the next 12 months.
The PO is anticipated to contribute positively to EGIB's earnings and net assets, on consolidated basis for the financial year ending 30 June 2026/2027. On the other hand, the PO will not have any effect on the share capital and shareholding structure of EGIB Group.
None of the Directors and/or major shareholders of the Group and/or persons connected with them has any interest, whether direct or indirect, in the said orders.
This announcement is dated 14 May 2026.