Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, we wish to announce that Mulpha Norwest Quarter Development Pty Ltd (Australian Company Number 655 700 566) (“Mulpha Norwest Quarter”), an indirect wholly-owned subsidiary of MIB, has accepted a green syndicated construction facility of A$160 million (equivalent to approximately RM478 million) jointly from Australia & New Zealand Banking Group Limited and Clean Energy Finance Corporation.

The purpose of the green syndicated construction facility is to finance the construction of Stage 1 of Norwest Quarter, being a mixed use residential apartment development located in Norwest, New South Wales, Australia.

Mulpha Norwest Quarter is a company incorporated in Australia and its paid-up share capital is A$10.00, comprising 10 ordinary shares. The principal activity of Mulpha Norwest Quarter is property development.

Mulpha Norwest Quarter is a wholly-owned subsidiary of Mulpha Development Holdings Pty Ltd (Australian Company Number 655 699 371) (“Mulpha Development Holdings”), a company incorporated in Australia with a paid-up share capital of A$10.00, comprising 10 ordinary shares. The principal activity of Mulpha Development Holdings is investment holding.

Mulpha Development Holdings is a wholly-owned subsidiary of Mulpha Australia Limited (Australian Company Number 002 888 039) (“MAL”), a company incorporated in Australia with a paid-up share capital of A$297.7 million, comprising 77,240,344 ordinary shares and 27,726,000 preference shares. The principal activity of MAL is investment holding. MAL is a wholly-owned subsidiary of MIB.

This announcement is dated 2 May 2023.