Pursuant to Paragraph 10.06 of Bursa Malaysia Securities Berhad's Main Market Listing Requirements ("Listing Requirements"), the Board of Directors of Puncak ("Board") wishes to announce that Puncak and its wholly-owned subsidiary, Puncak Niaga Management Services Sdn Bhd ("PNMSSB") had on 17 August 2026 entered into the following Conditional Sale and Purchase Agreement ("SPA"):-

(i) Conditional SPA 1 between Puncak and  Alpha Galaxy Sdn Bhd ("AGSB") for disposal of Lot 7095, Mukim Ijok, Daerah Kuala Selangor, Negeri Selangor at a purchase price of RM118,687,354.08 ("Proposed Disposal 1"); and
(ii) Conditional SPA 2 between PNMSSB and AGSB for disposal of Lot 7094, Mukim Ijok, Daerah Kuala Selangor, Negeri Selangor at a purchase price of RM118,466,736.96 ("Proposed Disposal 2").

(the Proposed Disposal 1 and Proposed Disposal 2 are collectively referred to as "Proposed Disposal of Lands") at a total Purchase Price of RM237,154,091.04 to be paid in cash progressively over forty-eight (48) months from the date of the execution of the respective Conditional SPAs, in accordance with the terms and conditions as stipulated in the respective Conditional SPAs.

Please refer to the attachment for further details on the Proposed Disposal of Lands.

This announcement is dated 18 August 2026.