The Board of Directors of Teladan Setia Group Berhad ("TSGB" or the "Company") wishes to announce that the Company is proposing to change its name from "Teladan Setia Group Berhad" to "Teladan Group Berhad" ("Proposed Change of Name").

The proposed name of "Teladan Group Berhad" was approved and reserved by the Companies Commission of Malaysia ("CCM") on 5 April 2023 and the reservation of the name is valid for a period of 30 days from 5 April 2023 ("Validity Period").

The Proposed Change of Name is subject to the approval of the shareholders of the Company at a general meeting to be convened at a date to be announced later. The Proposed Change of Name, if approved by the shareholders, will take effect from the date of the Certificate of Incorporation on Change of Name to be issued by the CCM to the Company.

This announcement is dated 6 April 2023.