On behalf of the Board of Directors of MBGB, Malacca Securities Sdn Bhd wishes to announce that MBGB (as Purchaser) had on 27 March 2026 entered into a heads of agreement with Teo Hin Wee (as Vendor) for the proposed acquisitions of majority equity interest in TTOP Industrial & Engineering Sdn Bhd, Sangga Tiga (KL) Sdn Bhd, Flexitop Industrial & Engineering Sdn Bhd and Green Core Consortium Sdn Bhd for a purchase consideration to be negotiated and agreed upon ("Proposed Acquisitions") ("HOA").
Further details in relation to the HOA are set out in the attachment below.
This announcement is dated 27 March 2026.