The Board of Directors of AHB wishes to announce that Agmo Studio Sdn. Bhd. [Registration No. 201201001183 (974707-M)] (“AGMO”), a wholly owned subsidiary of the Company, had on 18 February 2025 entered into a Memorandum of Agreement (“MOA”) with Sasbadi Online Sdn. Bhd. [Registration No. 201101023247 (951383-X)] (“SASBADI”), a wholly owned subsidiary of Sasbadi Holdings Berhad [Registration No. 201201038178 (1022660-T)] (“SHB”), to establish a joint venture company (“JV Company”) to undertake the development and commercialisation of an Artificial Intelligence (“AI”) solution (“Solution”) in the form of a local Large Language Model (LLM) (“Model”) for the education sector, and other related services within this scope (“Collaboration”). 

Please refer to the attachment for full details.

This announcement is dated 18 February 2025.