ANN JOO RESOURCES BERHAD ("AJR" OR "COMPANY")
DISPOSAL OF 51% EQUITY INTEREST IN BUMI SEGAR INDAH SDN. BHD.

We refer to the Company’s announcement dated 9 February 2026 in respect of the aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

1) salient terms and conditions of the agreement;

2) additional information on BSI:

a) to elaborate further on the business activities;

b) net profits attributable to BSI and the net assets of BSI; and

c) major assets owned by BSI;

3) basis of arriving at or determining the consideration of RM15,138,932.56;

4) justification for the consideration of RM15,138,932.56;

5) original cost and date of investment by ANNJOO in BSI;

6) to quantify the amount of Ann Joo Green Energy Sdn Bhd (“AJGE”)’s advances to BSI as at the latest practicable date;

7) salient terms and conditions of the Redeemable Preference Shares (“RPS”);

8) to state whether the RPS issued to AJGE is regulated by any written law and are subject to supervision by the Securities Commission Malaysia or Bank Negara Malaysia;

9) recourse available to ANNJOO if BSI failed to redeem the RPS;

10) the particulars of:

a) any liabilities, including contingent liabilities, in relation to the disposal which remain with ANNJOO;

b) any guarantees given by ANNJOO.

11) breakdown of the intended utilisation of RM89,257,981.56, and to include explanatory notes for each item and timeframe for full utilisation;

12) risks in relation to the disposal, if any;

13) effect of the disposal on the earnings per share, net assets per share and gearing of ANNJOO;

14) to show the computation of the estimated gain on disposal to ANNJOO;

15) estimated time frame to complete the disposal; and

16) time and place where the disposal agreement may be inspected.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

Yours faithfully

Listing 

Group Regulation

c.c. : Market Surveillance Dept., Securities Commission Malaysia (via email)