(Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Announcements.)

Reference is made to the Company's announcement dated 30 January 2026, 5 February 2026 and 3 July 2026 in respect of the Proposed Acquisition. 

The Board of Directors wishes to announce that following the fulfilment of the conditions precedent stated under the adjacent land sale and purchase agreement, the SPA has become unconditional on 28 August 2026 and the contractual completion period of three (3) months, with an automatic extension of two (2) months has commenced.

Save for the above, all other terms and conditions of the SPA remains unchanged, in full force, and continue to take effect and be binding on the parties to the SPA.

This announcement is dated 28 August 2026.