The Board of Directors of the Company wishes to announce that Ming Pao Holdings (Canada) Limited, an indirect wholly-owned subsidiary of the Company, had entered into a Sale and Purchase Agreement with Cyclone Range Hoods Inc. to dispose of a property in Canada, for a total consideration of CAD9,900,000 (equivalent to approximately US$7,148,000 or RM28,654,000), subject to the terms as stipulated in the Sale and Purchase Agreement.
Details of the announcement is relation to the disposal is attached herewith.
This announcement is dated 30 March 2026.