Further to the announcement made on 8 April 2026, the Board of Directors of Mayu ("the Board") wishes to provide the following additional information: -

1. The basis of the purchase price

    The purchase consideration of RM1.00 was determined on a willing-buyer, willing-seller basis, taking into account the agreement between the Company and Mr. Tang Tiam Hok for the latter to relinquish his entire 20% equity interest in Sunrise Manner Sdn. Bhd. ("SMSB") to the Company.

2. Justification of the purchase price

    The Board is of the view that the purchase consideration of RM1.00 to be fair and reasonable, taking into consideration that the Acquisition is part of an overall arrangement aim at facilitating the full consolidation of SMSB, following the settlement of certain obligations and liabilities undertaken at SMSB level in relation to regulatory matters.

    Through this Acquisition, the Company will streamline its ownership structure, eliminate minority interests, and enhance control over SMSB, which is in the best interest of the Company.

3. Liabilities to be assumed by Mayu (if any)

    There are no liabilities to be assumed by Mayu pursuant to the Acquisition.

This announcement is dated 10 April 2026.