On behalf of the Board of Directors of Mah Sing, Hong Leong Investment Bank Berhad ("HLIB") is pleased to announce that the Company has today completed an issuance of secured and unrated Sukuk Murabahah of RM250.0 million in nominal value under the Company's existing Sukuk Murabahah Programme. The Sukuk Murabahah has a tenure of five (5) years and carries a fixed profit rate of 4.25% per annum payable semi-annually. The Sukuk Murabahah is secured by assets owned by the Company's subsidiaries and certain designated accounts.

The proceeds raised from this issuance of Sukuk Murabahah will be utilised for Shariah-compliant purposes which may include landbanking, capital expenditures, investments and working capital of Mah Sing and its subsidiaries ("Group") and associate companies as well as the refinancing of the Group's existing borrowings and/or to redeem the existing Sukuk Murabahah.

HLIB is the Principal Adviser, Lead Arranger and Lead Manager for the Sukuk Murabahah Programme.

This announcement is dated 10 July 2025.