The Board of Directors of SCIB ("Board") wishes to announce that the Company had on 2 October 2025 received an indicative letter of offer from YTL Cement (Sarawak) Sdn Bhd, an indirect subsidiary of YTL Corporation Berhad, to acquire 100% equity interest in SCIB Concrete Manufacturing Sdn Bhd (a wholly-owned subsidiary of the Company) at an indicative purchase price of RM113 million ("Indicative Offer").

Further to the above, the Board has deliberated on the matter and has resolved to accept the Indicative Offer, which in turn is subject to, amongst others, the signing of a definitive share sale and purchase agreement between the parties ("Definitive Agreement").

The Board will in due time appoint the relevant advisers and professionals to advise the Company on the transaction. For the avoidance of doubt, the transaction will be subjected to the approval of the shareholders of the Company at an extraordinary general meeting to be convened.

Further announcement will be made in due course upon the execution of the Definitive Agreement in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

A copy of the Indicative Offer is available for inspection at the registered office of the Company for a period of 3 months from the date of this announcement.

This announcement is dated 2 October 2025.