Pursuant to Paragraph 10.06 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of SWS wishes to announce that EE-Lian Enterprise (M) Sdn. Bhd., its wholly-owned subsidiary of the Company ("EE-Lian" or "the Vendor"), had on 24 April 2026 entered into the Sale and Purchase Agreement ("Agreement") with UWC Industrial Sdn. Bhd., a wholly-owned subsidiary of UWC Berhad ("UWC Industrial" or "the Purchaser"), for the disposal of all that piece of the remaining unexpired sixty (60) years leasehold industrial land and its hereditament, expiring on 11th August 2076, known as PT No. 5951, Mukim 13, Daerah Seberang Perai Selatan, Negeri Pulau Pinang held Under HSD 49513 and bearing Address at PT 5951, Persiaran Cassia Selatan 4, Taman Perindustrian Batu Kawan, 14110 Bandar Cassia, Pulau Pinang ("the Property") at a total consideration of RM13,000,000 in accordance with the terms and conditions as stipulated in the Agreement.
Please refer to the attachment below for full details of the Proposed Disposals.
This announcement is dated 24 April 2026.
