On behalf of the Board of Directors of Flexidynamic (“Board”), Malacca Securities Sdn Bhd (“Malacca Securities”) wishes to announce that the Company proposes to undertake following:

(i) proposed diversification of the existing principal activities of Flexidynamic and its subsidiaries (“Group”) to include provision of sterilisation services using gamma radiation (“Proposed Diversification”);

(ii) proposed subscription of 16,080,184 new ordinary shares in Gammatech Sdn Bhd, a 51%-owned subsidiary of Flexidynamic (“Gammatech”) (“Subscription Shares”) for a total cash consideration of RM16,080,184 (“Subscription Price”) (“Proposed Subscription”); 

(iii) proposed acquisition of a parcel of industrial freehold land held under GM 2418, Lot 2202, Teluk Panglima Garang, Kuala Langat, Selangor measuring approximately 1.6314 hectares (“Land”) by Gammatech, a 51%-owned subsidiary of  Flexidynamic from H&A Ventures Sdn Bhd (“H&A”) (“Vendor”) for a total consideration of RM15,450,000 (“Purchase Consideration”), to be satisfied via issuance of 15,450,000 new ordinary shares in Gammatech (“Consideration Shares”) (“Proposed Acquisition”);

(iv) proposed private placement of up to 89,903,000 new ordinary shares in Flexidynamic (“Shares” or “Flexidynamic Shares”), representing up to 30.0% of the existing number of issued Shares in Flexidynamic (“Proposed Private Placement”); and

(v) proposed bonus issue of warrants on the basis of 1 warrant for every 4 Flexidynamic Shares held by the entitled shareholder on an entitlement date to be determined and announced later (“Entitled Shareholders”) (“Entitlement Date”) (“Proposed Bonus Issue of Warrants”).

(Collectively, referred to as the “Proposals”).

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

This announcement is dated 14 July 2025.