The Board of Directors ("Board") of  MUIB wishes to announce that London Vista Hotel Limited ("LVHL"), a wholly-owned subsidiary of MUI Media Ltd and which in turn is a wholly-owned subsidiary of MUIB, had on 11 May 2026 entered into a preference share subscription and holder's agreement ("PSSHA") with PMRI Investments (Singapore) Pte Ltd  ("PMRI"), a wholly-owned subsidiary of Tunas Juara Sdn Bhd, which in turn is a wholly-owned subsidiary of Baiduri Pertama Sdn Bhd, which in turn is a wholly-owned subsidiary of Pan Malaysia Corporation Berhad ("PMC"), an indirect 46.32%-owned subsidiary of MUIB, for the issue and allotment of 500,000 cumulative redeemable non-convertible preference shares ("CRNCPS") representing 6.0% of the total number of the issued CRNCPS of LVHL to PMRI at a  total cash subscription price of GBP500,000 ("Subscription Consideration") (collectively known as "Proposed CRNCPS Allotment").

Please refer to the attachment for the details of the announcement.

This announcement is dated 11 May 2026.