The Board of Directors of Powertechnic Group Berhad ("POWER" or "the Company") is pleased to announce that the Company's wholly-owned subsidiary, Powertechnic Handling Equipment (M) Sdn Bhd ("PHEM") had on 28 August 2026 accepted a letter of award ("LOA") from Jin Cheng Pte Ltd (ROC No.: 200901588H) appointing PHEM for the design, supply, fabrication, delivery, installation, testing and commissioning of overhead cranes complete with busbar, runway beam and runway rail for a project located at 30 Jurong Port Road, Singapore ("Works") ("Contract") at a contract sum of Singapore Dollar One Million Six Hundred Twenty Thousand Only (SGD 1,620,000.00) ("Contract Sum"), equivalent to approximately RM5,132,646.00 inclusive of all taxes and fees.

Further details of the announcement are as attached.

This announcement is dated 28 August 2026.