The Board of Directors of TRC Synergy Berhad (“TRCS” or “the Company”) wishes to announce that its wholly-owned subsidiary, TRC(Aust) Pty. Ltd. (“TRCA” or “the Vendor”), had on 26 October 2020 entered into a Sale and Purchase of Shares Agreement (“the Agreement”) with K.H.Leong Nominees Pty. Ltd. (“KHLN” or “the Purchaser”) for disposal by TRCA of the 100% equity interest held in Pretty Sally Holdings Pty. Ltd. (“PSH”) comprising two (2) ordinary shares in PSH for a cash consideration of Australian Dollar Eight Hundred and Eighty Thousand Dollar Only (AUD880,000)(RM2,584,560).

The details of the announcement are set out in the attachment below.

This announcement is dated 27 October 2020.