The Board of Directors of MTOUCHE ("the Board") wishes to announce that the Company had on 28 February 2025 further subscribed 190,000 ordinary shares, representing 63.33% of the enlarged issued and paid-up share capital in MTOUCHE (THAILAND) CO. LTD. ("MCL") (COMPANY NO. 0105547022551), a wholly-owned Subsidiary of the Company at a total consideration of THB19,000,000.00 which equivalent to RM2,603,000.00 (Ringgit Malaysia Two Million Six Hundred and Three Thousand) only ("Subscription"). 

The Subscription would not have material effect on mTouche Group’s earnings per share, net assets per share, gearing, share capital and substantial shareholders’ shareholding for the financial period ending 30 September 2025.

None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect, in the Subscription.

Having considered all aspects of the Subscription, the Board of Directors of mTouche is of the opinion that the Subscription is in the best interest of mTouche.

This announcement dated 6 March 2025.