The Board of Directors of TSR Capital Berhad ("TSR Capital" or "the Company") wishes to announce that its wholly-owned subsidiary, TSR Bina Sdn. Bhd. ("TSR Bina"), has accepted a Letter of Award from MIE Industrial Sdn. Bhd. for the construction and completion of site clearing and earthwork in Seremban for a contract sum of RM16.9 million ("the Contract").

DETAILS OF THE CONTRACT

The scope of works under the Contract includes the construction and completion of site clearing and earthwork in Seremban, Negeri Sembilan. The Contract is for a duration of four (4) months and is scheduled to be completed by the fourth quarter of 2026.

FINANCIAL EFFECTS

Barring any unforeseen circumstances, the Board of Directors of TSR is of the opinion that the Contract is expected to contribute positively to the earnings and net assets of the Group for the financial year ending 30 June 2027.

RISK FACTORS

The Board does not foresee any exceptional risk factors other than the normal operational and project risks associated with construction contracts, which will be mitigated through the Group's established risk management and internal control processes.

CONTRACT RENEWAL STATUS

The Contract is not subject to renewal.

DIRECTORS' AND MAJOR SHAREHOLDERS' INTERESTS

None of the Directors or major shareholders of TSR Capital or persons connected to them have any direct or indirect interest in the Contract.

DIRECTORS' STATEMENT

The Board of Directors of TSR Capital, having considered all relevant factors, is of the opinion that the acceptance of the Contract is in the best interest of the Company and its shareholders.

APPROVALS REQUIRED

The Contract is not subject to the approval of the shareholders of TSR Capital or any relevant regulatory authorities.

This announcement is dated 13 August 2026.