TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

VESTLAND BERHAD

The Board of Directors of Vestland (“Board”) wishes to announce that the Board has on 30 September 2025, received a notice of unconditional mandatory take-over offer ("Notice") from AmInvestment Bank Berhad, on behalf of Noble Pinnacle (Holding) Sdn Bhd, Dato’ Soo Sze Ching, Datuk Liew Foo Heen and Wong Sai Kit (collectively, the “Joint Offerors”) to acquire all the remaining ordinary shares of Vestland (“Vestland Shares” or “Offer Shares”) which are not already held by the Joint Offerors and persons acting in concert with them for a cash consideration of RM0.34 per Offer Share (“Offer”).

Pursuant to Paragraph 3.06 of the Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by the Securities Commission Malaysia, an independent adviser will be appointed by the Board in due course to provide comments, opinions, information and recommendation on the Offer to the non-interested directors and holders of the Offer Shares.

A copy of the Notice is attached herewith and the same will be posted to the holders of the Vestland Shares within 7 days from the date of this announcement.

This announcement is dated 30 September 2025.

Please refer to the attachment for further details.

Announcement Info