The Board of Directors of the Company (“Board”) wishes to announce that Pixel Valley Sdn. Bhd. (Registration No. 202101006099 (1406398-P)) (“Pixel Valley” or the “Purchaser”), a wholly-owned subsidiary of the Company, has on 18 June 2021, entered into a Sale and Purchase Agreement (“SPA”) to purchase all that piece of leasehold land held under PN 3664, Lot 19, Seksyen 13, Bandar Petaling Jaya, District of Petaling, State of Selangor bearing a postal address at No.1, Jalan 13/2, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan (“Land” or “Property”) with Roset-BLG Sdn. Bhd. (Registration No. 198901008261 (185563-U)) (“Roset-BLG” or the “Vendor”) for a purchase price of RM82,000,000.00 (“Purchase Price”), (hereinafter referred to as a “Proposed Acquisition”).

Please refer to the attachment for the details of the Proposed Acquisition.

This announcement is dated 18 June 2021.