The Board of Directors of GUH Holdings Berhad (“GUH” or “the Company”) is pleased to announce that GUH Capital Sdn. Bhd. (Company Registration No.: 201501038602 (1163923-H)) (“GUH Capital”), a wholly-owned subsidiary of GUH had on 1 July, 2021 entered into a Share Purchase Agreement (“SPA”) with Tenby Educare Sdn. Bhd. (Company Registration No.: 199601006366 (378712-T)), a private company limited by shares incorporated under the laws of Malaysia and having its registered office at Level 19-1, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, 50490, Kuala Lumpur, Wilayah Persekutuan (hereinafter referred to as “the Purchaser”) to dispose its entire investment of 1,166,667 ordinary shares in Straits International Education Group Sdn. Bhd. (Company Registration No. 201001032155 (916080-M)) (“SIEG”), representing approximately 25% of the issued and paid-up share capital of SIEG. Upon completion of the disposal, SIEG will cease to be the indirect associate of GUH.

Please refer to the attachment for the announcement details.

This announcement is dated 2 July 2021.