Asia Equity Research Sdn Bhd, on behalf of the Company, made this announcement in accordance with Chapter 10 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

D'Kiara Place Sdn Bhd, a wholly-owned subsidiary of the Company had on 26 January 2024 entered into a Sale and Purchase Agreement ("SPA" or "this Agreement") with RHB Trustees Berhad [As Trustee of Sunway Real Estate Investment Trust], for the disposal of a seven-storey retail shopping centre known as "163 Retail Park" for a total cash consideration of RM215.0 million.

Please refer to the attachment below for further details of the SPA.

This announcement is dated 29 January 2024.