GuocoLand (Malaysia) Berhad (“Company”) wishes to announce that GLM Emerald Industrial Park (Jasin) Sdn Bhd (“GLM EIPJ”), a 68%-owned indirect subsidiary of the Company, has on 27 April 2023 entered into a sale and purchase agreement with Mr Subrayan A/L Sellapan, Ms Lila @ Linda A/P Sinasamy and Mr Sreetharan A/L Muthusamy (collectively, the “Purchasers”) and IOI Corporation Berhad, for the proposed disposal by GLM EIPJ to the Purchasers of a parcel of land located in the Mukim and District of Jasin, State of Melaka for a total cash consideration of RM19,027,364.40 (“Proposed Disposal”).

Please refer to the attached announcement for the details of the Proposed Disposal.

This announcement is dated 27 April 2023.