The Board of Directors of mTouche wishes to announce that mTouche International Sdn. Bhd. ("MISB"), a wholly-owned subsidiary of the Company has on 3 June 2022, entered into two (2) Sale and Purchase Agreements ("SPAs") with BRDB Developments Sdn. Bhd. [Registration No. 196401000190 (5521-A)], to acquire the following two (2) units of retail / office premises / space at a total consideration of RM17,897,800.00 (Ringgit Malaysia Seventeen Million Eight Hundred Ninety-Seven Thousand and Eight Hundred only) in accordance with the terms and conditions of the SPAs ("Proposed Acquisition of Properties"):-

(i) One (1) unit of retail / office premises / space held under Hakmilik Strata No. Geran 63209/M1/3/7, Lot 368 Seksyen 63, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur; and

(ii) One (1) unit of retail / office premises / space held under Hakmilik Strata No. Geran 63209/M1/3/8, Lot 368 Seksyen 63, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur.

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

This announcement is dated 3 June 2022.