The Board of Directors of PTTS wishes to announce that the Company’s wholly-owned subsidiary, PTT Development Sdn. Bhd. (“PTTD”) had on 20 September 2023 entered into a Lease Agreement with Longterm Distribution Sdn. Bhd. to lease a single storey industrial building with Automated Storage and Retrieval System equipment in a warehouse to be erected on the lands held under H.S (D) 90267, PT 50053, Mukim of Rawang, District of Gombak, State of Selangor and H.S (D) 90268, PT 50054, Mukim of Rawang, District of Gombak, State of Selangor for a fixed lease term of ten (10) years commencing from thirty (30) months from the date of the Lease Agreement or upon issuance of the Certificate of Completion and Compliance, whichever is later.

Please refer to the attachment for further details.

This announcement is dated 20 September 2023.