The Board of Directors of Cabnet Holdings Berhad (“CHB” or “the Company”) is pleased to announce that the Company’s wholly-owned subsidiary, Cabnet M&E Sdn Bhd (“CMESB”) had on 25 October 2024 accepted a Letter of Award from Pamir Development Sdn Bhd (Registration No.: 198901002299 (179605-D)) appointing CMESB as the Nominated Sub-contractor for the M&E Installation works for a project located at Johor Bahru, Johor (“Sub-Contract Works”) at the Contract Sum of RM22,462,600.00.

Full details of the announcement are as attached.

This announcement is dated 25 October 2024.