The Board of Directors of Titijaya wishes to announce that Titijaya PMC Sdn Bhd. and Titijaya South Asia Sdn. Bhd., being the wholly-owned subsidiaries of Titijaya, had entered into a Sale and Purchase Agreement with Menara ABS Berhad [Registration No. 200401030991 (669499-X)] for the acquisition of a twenty-two (22) storey purpose-built office building together with an annexed six (6) storey Telekom Exchange and 5 level of basement car part erected on a piece of leasehold land held under Hakmilik Sementara Daftar 64439, PT 24, Section 87A, Town and District of Kuala Lumpur, State of Wilayah Persekutuan Kuala Lumpur measuring approximately 30,115 square metres in net lettable area and bearing postal address of Menara TM Semarak, No. 82, Jalan Raja Muda Abdul Aziz, 50300 Kuala Lumpur for a purchase price of RM72,000,000/-, subject to the terms and conditions as stipulated in the SPA (“Proposed Acquisition”). Further details of the Proposed Acquisition are set out in the enclosed attachment. This announcement is dated 17 July 2023.

Please refer attachment below.