Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mudajaya Land Sdn Bhd (“MLSB”) has accepted Islamic financing facilities of RM55 million from Al Rajhi Banking & Investment Corporation (Malaysia) Bhd.  The purpose of the Islamic financing facilities is to refinance a corporate office building owned by MLSB.

MLSB is a wholly-owned subsidiary of Mudajaya Corporation Berhad, which in turn is a wholly-owned subsidiary of Mudajaya Group Berhad.  MLSB has an issued and paid-up share capital of RM50,000,000. The principal activities of MLSB are property development and property management.

This announcement is dated 11 August 2022.