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Further to our announcement dated 17 March 2025 and 20 March 2025, we are pleased to provide further details on the following proposals comprising:

1. Proposed Disposal by MRCB Land Sdn Bhd (“MLSB”), a wholly owned subsidiary of MRCB, of 700,000 Ordinary Shares and 2,282,000 Redeemable Preference Shares in CSB Development Sdn Bhd (“CSBD”) (“CSBD Shares”), representing 70% of the issued and paid-up share capital of CSBD, to Cyberview Sdn Bhd (“CSB”) for a total cash consideration of RM219,038,500.30 (“Proposed Disposal”); and
2. Proposed Acquisition by Subang Sentral Sdn Bhd (“SSSB”), a wholly owned subsidiary of MRCB, of seven (7) parcels of land from Cyberjaya City Centre Land Sdn Bhd (“CCCL”), a wholly owned subsidiary of CSB, for a total cash consideration of RM287,746,173.79 (“Proposed Acquisition”),

(Collectively, referred to as “the Proposals”)

Please refer to the attachment for the full details.