The Board of Directors ("Board") of PMC  wishes to announce that 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 PMC, had on 11 May 2026 entered into a preference share subscription and holders' agreement ("PSSHA") with London Vista Hotel Limited ("LVHL"), a wholly-owned subsidiary of MUI Media Ltd and which in turn is a wholly-owned subsidiary of Malayan United Industries Berhad ("MUIB"), for the subscription of 500,000 cumulative redeemable non-convertible preference shares ("CRNCPS") representing 6.0% of the total number of the issued CRNCPS of LVHL ("Subscribed CRNCPS") for a total cash consideration of GBP500,000 ("Subscription Consideration") (collectively known as "Proposed Subscription").

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

This announcement is dated 11 May 2026.