Pursuant to Paragraph 10.09(1)(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Stella wishes to announce that Mewah Kota Sdn Bhd, a wholly-owned subsidiary of the Company, has entered into recurrent related party transactions of a revenue or trading nature ("RRPT") with Y&Y Mix Sdn Bhd and Pembinaan Karisma Perwira Sdn Bhd, companies connected with a former Director and Major Shareholder of Stella.

The aggregate consideration of the RRPT for the period from 3 January 2023 to 29 April 2023 has exceeded the percentage ratio of 1% of the total audited consolidated net asset of the Company as at 31 March 2022.

Please refer to the attachment for further details.

This announcement is dated 29 May 2023.