1. INTRODUCTION

The Board of Directors of CHRB wishes to announce that Swees-Tech Global Pte Ltd (“Vendor” or “STGPL”), which holds a 25% equity interest in CH Sweestech Door Sdn Bhd(“CHSD”) had on 30 June 2025 transferred 327,500 ordinary shares representing its entire 25% equity interest in CHSD to Mr. Pan Yau Seng (“the Purchaser”) for a cash consideration of RM1.00 only.

CHSD is a 75% owned subsidiary of Keyline Consulting Sdn Bhd (“KCSB”), which in turn is a 70% owned subsidiary of CHRB Corporation Sdn Bhd. CHRB Corporation Sdn Bhd is a wholly-owned subsidiary of Chuan Huat Steel Sdn Bhd, which in turn is wholly owned by CHRB.

2. INFORMATION ON CHSD

CHSD was incorporated in Malaysia as a private limited company on 12 February 2015 under the repealed Companies Act 1965 and is deemed registered under the Companies Act 2016. The issued and paid-up share capital of CHSD is RM1,310,000 comprising 1,310,000 ordinary shares. The principal activity of CHSD is manufacturing and marketing of fire doors and all parts, component and accessories, prior to its cessation of operations since 15 November 2022.

3. INFORMATION ON THE VENDOR

STGPL was incorporated as an exempt private company limited by shares on 11 May 2011 under the Laws of Singapore. The issued and paid-up share capital of STGPL is Singapore Dollars (“SGD”) 220,000 comprising 220,000 ordinary shares. The principal activity of STGPL is:

(i) General Contractors (building construction including major upgrading works); and

(ii) Installation of doors, gates, grilles and windows.

4. INFORMATION ON THE PURCHASER

Mr. Pan Yau Seng (“Mr. Pan”), a Malaysian, who is an existing director and shareholder of KCSB with direct interest of 178,000 ordinary shares representing 20% equity interest in KCSB. Prior to the change in shareholding structure, Mr. Pan does not has any direct interest in CHSD. Upon the completion of the transfer of shares, Mr. Pan’s interest of shares in KCSB and CHSD shall be as follows:

* Deemed interest through Mr. Pan's shareholdings in KCSB pursuant to the Companies Act 2016.

5. FINANCIAL EFFECTS

The change in shareholding structure in CHSD is not expected to have any effect on the issued and paid-up share capital of CHRB or CHRB’s substantial shareholders’ shareholdings or any material effect on the earnings, net assets or gearing of CHRB on a consolidated basis.

6. DIRECTORS’ AND/OR SUBSTANTIAL SHAREHOLDERS’ INTEREST

Save as disclosed in item 4 above, none of the directors or substantial shareholders of CHRB or persons connected with them has any interest, whether direct or indirect in the above transaction.

This amended announcement is dated 30 June 2025.