1. Introduction 

The Board of Directors of AIZO wishes to announce that AIZO Construction Sdn Bhd [Registration No. 198901007269 (184572-W)] ("ACSB"), a wholly-owned subsidiary of AIZO has on 9 July 2026 accepted a Letter of Award ("LOA") dated 16 June 2026 from Xense Design Sdn Bhd (acting on behalf of its client, Esan Juta Sdn. Bhd.) to undertake the sub-contract for road and drainage works for the proposed Transit Oriented Development (TOD) comprising three (3) blocks of serviced apartments (2,796 units) and other related ancillaries on Lot 33925 (Old Lot 957), Mukim Cheras, Daerah Hulu Langat, Selangor Darul Ehsan for a sum of RM9,086,348.56 ("Contract").

The Contract shall commence on 18 June 2026 and is expected to be completed by 17 August 2027.

2. Financial Effects

The Contract is expected to contribute positively to the revenue, earnings and net assets of the Company and its subsidiaries ("AIZO Group") for the financial year ending 30 June 2027.

The Contract will not have impact on the share capital and/or shareholding structure of AIZO.

3. Risk Factors

There are no foreseeable significant risks other than operational risk associated with the Contract during the contract period. AIZO Group management would put in place control measures and operational procedures to reduce the impact or likelihood of such events.

4. Directors' and/or major shareholders' interests

None of the Directors and/or Major Shareholders of AIZO and/or persons connected to them has any interest, direct or indirect, in the Contract.

5. Directors' Statement

The Board of Directors, after considering amongst others, the potential financial benefits arising from the Contract, is of the opinion that the acceptance of the Contract is in the best interest of AIZO Group.

This announcement is dated 9 July 2026