Pursuant to Rule 10.09(1) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of RADIANT GLOBALTECH wishes to announce that a wholly-owned subsidiary of the Company, Radiant Global ADC Sdn. Bhd., and 70% owned subsidiary of the Company, Adaptive POS Sdn. Bhd., both companies had in the ordinary course of business entered into recurrent related party transactions of a revenue and/or trading nature (“RRPT”) with 99 Speed Mart Sdn. Bhd., 99 Speed Mart (East Malaysia) Sdn. Bhd. and Cosmo Restaurants Sdn. Bhd.

The aggregate value of the RRPT during the period from 12 November 2021 (the date where Mr. Lee Thiam Wah become the Major Shareholder of RADIANT GLOBALTECH) to 31 January 2022 had exceeded the threshold of Rule 10.09(1).

Please refer to the attachment for the details of this announcement.

This announcement is dated 28 February 2022.