On behalf of the Board of Directors of WTK, UOB Kay Hian (M) Sdn Bhd wishes to announce that the Company, through its wholly owned subsidiaries had on 3 July 2026 entered into a series of conditional agreements with Trinity Capital in relation to the Proposed Disposals, as set out below:-

1. Towering Yield Sdn Bhd ("Towering Yield") and Bioworld Synergies Sdn Bhd ("Bioworld") had entered into a conditional share sale agreement with Trinity Capital to dispose 1,950,000 ordinary shares in Positive Deal Sdn Bhd ("Positive Deal") held by Towering Yield, representing WTK group's entire 65.0% equity interest in Positive Deal, together with 23,180,000 redeemable preference shares in Positive Deal held by Bioworld to Trinity Capital for a total cash consideration of RM27.0 million ("Proposed Positive Deal Disposal");

    

2. Biogreen Success Sdn Bhd had entered into a conditional sale and purchase agreement and a conditional assets sale agreement with Trinity Capital to dispose a parcel of plantation land measuring approximately 4,698.20 hectares located in Teraja Land District, Miri along with the assets located thereon to Trinity Capital for a cash consideration of RM141.0 million and approximately RM4.2 million respectively, representing a total cash consideration of approximately RM145.2 million ("Proposed Biogreen Disposal"); and

    

3. Borneo Agro-Industries Sdn Bhd had entered into a conditional sale and purchase agreement and a conditional assets sale agreement with Trinity Capital to dispose a parcel of plantation land measuring approximately 849.60 hectares located in Kuala Baram Land District, Miri along with the assets located thereon to Trinity Capital for a cash consideration of RM47.0 million and approximately RM2.3 million respectively, representing a total cash consideration of approximately RM49.3 million ("Proposed Borneo Disposal").

Further details of the Proposed Disposals are set out in the attachment enclosed.

This announcement is dated 3 July 2026.