Reference is made to the Company's announcements dated 3 August 2026, 19 August 2026, 24 August 2026 and 26 August 2026 in relation to the application for Judicial Management Order ("JM Application") and appointment of Interim Judicial Managers ("IJM") ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

The Board of Directors of PRG wishes to announce that the High Court of Malaya at Kuala Lumpur ("Court") had on 26 August 2026 granted an order for the application for the appointment of IJM in respect of PRG.

Pursuant to the order granted by the Court, Mr. Andrew Heng and Mr. Ashvin Mahendran of Baker Tilly Insolvency PLT, have been appointed as the IJM of PRG with effect from 26 August 2026.

The IJM shall, with effect from the date of the order of the Court, have and may exercise all functions and powers of a judicial manager conferred by Section 414 of the Companies Act 2016 and as specified in Ninth Schedule of the Companies Act 2016.         

The Company will make further announcements as and when there are any material developments in relation to the matter.

This announcement is dated 26 August 2026.