Bursa Announcement

We refer to our announcement dated 31st December 2024 in relation to the Interim Agreement.

The Company is pleased to announce that its wholly-owned subsidiary, Bintulu Port Sdn. Bhd. (“BPSB”), has entered into a Fourth (4th) Interim Agreement (“IA”) with the Government of Malaysia, represented by the Ministry of Transport Malaysia (“MOT”) and Bintulu Port Authority (“BPA”). 

This Fourth (4th)  Interim Agreement formalizes the extension of the twelve (12) months Interim Period (“IP”) for BPSB to continue operating Bintulu Port commencing from 1st January 2026 until 31st December 2026 or until the date of coming into operation of Declaration of an Area in the Bintulu District to be a Federal Port (Repeal) Act 2024 [Act 858] and Bintulu Port Authority (Dissolution) Act 2024 [Act 859].

Currently, the Parties are finalising the terms of the Port Operation Agreement for the appointment of  BPSB as the Port Operator.

This announcement is dated 22nd December 2025.