My EG Services Berhad Annual Report 2024

53 OUR BUSINESS AND STRATEGY STRATEGIES TO SUSTAIN VALUE CREATION (cont’d) RAISING CAPITALS FOR BUSINESS DEVELOPMENT EXPENDITURE *O ': .:&( T 4VLVL 8BLBMBI 1SPHSBNNF SBJTFE BO BEEJUJPOBM 3. NJMMJPO CSJOHJOH UIF UPUBM SBJTFE UISPVHI the programme to the intended RM1 billion. All of the Sukuk Wakalah issuance is in compliance with MYEG’s 4VTUBJOBCMF 'JOBODJOH 'SBNFXPSL TQFDJàDBMMZ EFWFMPQFE BOE MBVODIFE UP BDDFMFSBUF .:&( T DPOUJOVFE QJWPU PO “green” or sustainability-driven projects and initiatives. 5IF 'SBNFXPSL XJMM BQQMZ UP BOZ GPSUIDPNJOH (SFFO 4PDJBM 4VTUBJOBCMF 4VTUBJOBCMF 3FTQPOTJCMF *OWFTUNFOU (“SRI”) financings (“Sustainable Financing”) including the following: r 4PDJBM #POE 1SJODJQMFT (SFFO #POE 1SJODJQMFT BOE 4VTUBJOBCJMJUZ #POE (VJEFMJOFT PG UIF *OUFSOBUJPOBM $BQJUBM Markets Association (“ICMA”) or as they may be subsequently updated or amended; r 4PDJBM #POE 4UBOEBSET (SFFO #POE 4UBOEBSET BOE 4VTUBJOBCJMJUZ #POE 4UBOEBSET PG UIF "4&"/ $BQJUBM .BSLFUT Forum (“ACMF”) or as they may be subsequently updated or amended; r 4PDJBM -PBO 1SJODJQMFT BOE (SFFO -PBO 1SJODJQMFT PG UIF "TJB 1BDJàD -PBO .BSLFU "TTPDJBUJPO iAPLMAu UIF Loan Market Association (“LMA”) and the Loan Syndications and Trading Association (“LSTA”) or as they may be subsequently updated or amended; and r 43* 4VLVL 'SBNFXPSL PG UIF 4FDVSJUJFT $PNNJTTJPO .BMBZTJB iSC”) or as they may be subsequently updated or amended. 1SPDFFET GSPN UIF TBJE TVLVL JTTVBODF XJMM CF VTFE GPS TIBSJBI DPNQMJBOU XPSLJOH DBQJUBM SFRVJSFNFOUT DBQJUBM FYQFOEJUVSFT JOWFTUNFOUT BOE àOBODJOH PG CVTJOFTT FYQBOTJPOT PG UIF (SPVQ *U DBO BMTP CF UBQQFE UP SFàOBODF existing conventional loans or existing or future Islamic financing facilities (including sukuk). The Group’s blockchain ventures as well as funding expansion of its foreign worker hostel operations. "EEJUJPOBMMZ UIF TBMF PG ;FUSJY UPLFOT IBT VOMPDLFE B OFX QPUFOUJBM SFWFOVF TUSFBN GPS .:&( HPJOH CFZPOE conventional financial markets to raise funds for the expansion of the Group’s blockchain venture. Since the listing of ;FUSJY UPLFOT UISPVHI BO JOJUJBM FYDIBOHF PGGFSJOH PO WBSJPVT FYDIBOHFT JO 0DUPCFS BU BO PGGFS QSJDF PG 64%5 Zetrix token prices have increased by some 3-4 times at current market values. Kindly refer to the Group’s Management Discussion and Analysis section of this report for specific information on this strategic priority. INVESTING IN PROMISING START-UP VENTURES *O QBWJOH NPSF PQQPSUVOJTUJD QBUIXBZT GPS TVTUBJOJOH MPOH UFSN HSPXUI .:&( IBT GVSUIFS WFOUVSFE JOUP JEFOUJGZJOH QSPNJTJOH TUBSU VQT UP JOWFTU JO BOE TVQQPSU CPUI BU IPNF JO .BMBZTJB BOE PWFSTFBT TVDI BT JO $IJOB 5IF (SPVQ BMSFBEZ IBT BO FYUFOEFE USBDL SFDPSE PG JOWFTUJOH JO UFDIOPMPHZ TUBSU VQ DPNQBOJFT JO .BMBZTJB XJUI UIF MJTU JODMVEJOH UFDIOPMPHZ CVTJOFTTFT TVDI BT 4UBNQFEF 4PMVUJPO BOE "HNP 4UVEJP *O $IJOB .:&( TUBSU VQ JOWFTUNFOUT JODMVEF 9JNNFSTF )J4DFOF BOE %FFQ4DJFODF 5FDIOPMPHZ MYEG views these start-up investments as a promising way to participate in and contribute towards the next HFOFSBUJPO PG UFDIOPMPHZ BOE JOOPWBUJPOT XJUI EJTSVQUJWF QPUFOUJBMT XIJMF BU UIF TBNF UJNF HBJOJOH BDDFTT UP FNFSHJOH innovations and exploring opportunities for collaborations with partners that can offer solutions that complement and enhance MYEG’s service offerings. 5IF HSPXUI QPUFOUJBM GPS UIFTF TUBSU VQT DBO BMTP FYQBOE UP UIFJS FWFOUVBM MJTUJOH HFOFSBUJOH NPSF QPTJUJWF SFUVSOT on MYEG’s investments. Agmo Studio’s listing on Malaysia’s ACE Market is a recent case in point. Kindly refer to the Group’s Management Discussion and Analysis section of this report for specific information on this strategic priority.

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