Reference is made to the announcement dated 10 June 2024 in relation to the Press Release titled “LSH BEST Builders & Service Master JV to Undertake Operation and Maintenance Management of Kuala Lumpur Tower".

The Board of Directors of the Company wishes to announce that LSH Service Master Sdn. Bhd., a jointly incorporated entity by LSHBB and SMMSB, had on 10 March 2025, entered into a concession agreement (“Concession Agreement”) with the Government of Malaysia that sets out the terms of the concession in relation to the operation, management and maintenance of Kuala Lumpur Tower (“Concession”).

Please refer to the attachment for the further details of the Concession and Concession Agreement.

This Announcement is dated 10 March 2025.