On behalf of the board of directors of BEDI, NewParadigm Securities Sdn Bhd, wishes to announce that BEDI had, on 22 June 2026, entered into the following agreements with BDSB:
a conditional share sale agreement for the proposed acquisition of 5,000,000 ordinary shares ("SSA1"), representing 100.00% equity interest in Sejati Sentral (Sandakan) Sdn Bhd ("Sejati Sentral"), for an indicative cash consideration of RM17.55 million, subject to adjustment in accordance with the terms of the SSA1 ("Proposed Sejati Sentral Acquisition"); and
- a conditional share sale agreement for the proposed acquisition of 1,000,000 ordinary shares ("SSA2"), representing 100.00% equity interest in FYT Land (KK) Sdn Bhd ("FYT Land"), for an indicative cash consideration of RM21.27 million, subject to adjustment in accordance with the terms of the SSA2 ("Proposed FYT Land Acquisition").
The indicative aggregate cash consideration for the Proposed Sejati Sentral Acquisition and the Proposed FYT Land Acquisition is RM38.82 million.
(The Proposed Sejati Sentral Acquisition and the Proposed FYT Land Acquisition shall hereinafter collectively be referred to as the "Proposed Acquisitions")
Further details of the Proposed Acquisitions are set out in the attachment below.
This announcement is dated 22 June 2026.