The Board of Directors of TSGB wishes to announce that Asal Harta Sdn. Bhd. (“AHSB”), a wholly-owned subsidiary of TSGB, had on 14 April 2021, entered into a Sale and Purchase Agreement (“SPA”) with Eramaju Tegas Sdn. Bhd. [Registration No. 201101000989 (929123-H)] (“ETSB” or “Vendor”) of registered address at No. 1 & 1A, 2nd Floor (Room 2), Jalan Ipoh Kecil, 50350 Kuala Lumpur, for the purchase of the following three (3) pieces of lands for a total purchase consideration of RM95,095,656.60 (Ringgit Malaysia: Ninety-Five Million Ninety-Five Thousand Six Hundred and Fifty-Six and Sen Sixty) only, upon the terms and conditions as stipulated in the SPA:-

1. Lot 4402, Mukim Ayer Panas, Daerah Jasin, Negeri Melaka, measuring approximately 171.1 hectares held under Pajakan Negeri 26769;
2. Lot 4403, Mukim Ayer Panas, Daerah Jasin, Negeri Melaka, measuring approximately 2.024 hectares, held under Pajakan Negeri 26770; and
3. Lot 4406, Mukim Ayer Panas, Daerah Jasin, Negeri Melaka, measuring approximately 37.23 hectares, held under Pajakan Negeri 31981.

Please refer to the attached document for further details.

This announcement is dated 14 April 2021.