I. PROPOSED ACQUISITION OF MENARA CELCOMDIGI BY MAYBANK TRUSTEES BERHAD, ACTING SOLELY IN THE CAPACITY AS TRUSTEE FOR SENTRAL (“TRUSTEE”), FROM PUNCAK WANGI SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MALAYSIAN RESOURCES CORPORATION BERHAD (“MRCB”), FOR A PURCHASE CONSIDERATION OF RM450.0 MILLION TO BE SATISFIED ENTIRELY IN CASH (“PROPOSED ACQUISITION”);

II. PROPOSED PLACEMENT OF UP TO 123,720,000 NEW UNITS IN SENTRAL (“UNITS”) (“PLACEMENT UNITS”), REPRESENTING UP TO APPROXIMATELY 11.5% OF THE EXISTING TOTAL UNITS IN ISSUE, AT AN ISSUE PRICE TO BE DETERMINED LATER BY WAY OF BOOKBUILDING (“PROPOSED PLACEMENT”); AND

III. PROPOSED PLACEMENT OF UP TO 34,568,734 NEW UNITS TO MRCB, BEING A MAJOR UNITHOLDER OF SENTRAL, PURSUANT TO THE PROPOSED PLACEMENT (“PROPOSED PLACEMENT TO MRCB”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

On behalf of the board of directors of Sentral REIT Management Sdn Bhd, the management company of SENTRAL, CIMB Investment Bank Berhad and Maybank Investment Bank Berhad wish to announce that the Trustee, had on 25 July 2023 entered into a conditional sale and purchase agreement with Puncak Wangi Sdn Bhd, a wholly-owned subsidiary of MRCB, for the proposed acquisition of Menara CelcomDigi for a total purchase consideration of RM450.0 million to be satisfied entirely in cash (“Purchase Consideration”).

In conjunction with the Proposed Acquisition, the Board also proposes to undertake the Proposed Placement, including the Proposed Placement to MRCB, to partly fund the Purchase Consideration and the expenses relating to the Proposals.

Further details of the Proposals are set out in the attachment below.

This announcement is dated 25 July 2023.