On behalf of the Board of Directors of HeiTech, RHB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:

(i)   proposed diversification of the existing business of HeiTech and its subsidiaries to include the business of development, ownership, operation and maintenance of renewable energy power plant as well as related engineering, procurement, construction and commissioning services in relation to energy solutions ("Proposed Diversification");

(ii)   proposed bonus issue of 27,836,955 new ordinary shares in HeiTech ("Shares") ("Bonus Shares") on the basis of 1 Bonus Share for every 4 existing Shares held on an entitlement date to be determined and announced later ("Proposed Bonus Issue"); and

(iii)   proposed private placement of up to 27,836,955 new Shares, representing up to 20% of the enlarged total number of issued Shares after the completion of the Proposed Bonus Issue ("Proposed Private Placement").

Please refer to the attachment for the full text of the announcement in relation to the Proposals.

This announcement is dated 9 May 2025.