Reference is made to the Company's announcements made on 18 February 2025, 16 May 2025 and 18 August 2025 in relation to the Memorandum of Agreement (“MOA”) between Agmo Studio Sdn. Bhd. ("Agmo Studio"), a wholly-owned subsidiary of the Company and Sasbadi Online Sdn. Bhd. (“Sasbadi”), a wholly-owned subsidiary of Sasbadi Holdings Berhad (“SHB”) (“Announcements”). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements.
The Board of Directors of AGMO wishes to announce that Agmo Capital Sdn. Bhd. (Registration No. 201701000547 (1214697-U)) (“Agmo Capital”), a wholly-owned subsidiary of the Company, had on 18 October 2025, in place of Agmo Studio, entered into a Joint Venture cum Shareholders’ Agreement (“JVA”) with Sasbadi and Penerbitan Minda Sdn. Bhd. (Registration No. 200001014203 (516809-P)) (“PMSB”), a wholly-owned subsidiary of Sasbadi, to formalise the Collaboration and replace the earlier MOA entered into between Sasbadi and Agmo Studio on 18 February 2025.
The JVA formalises the terms of the Collaboration with refinements to reflect the agreed joint venture structure and the participation of Agmo Capital as the designated party for the joint venture.
Please refer to the attachment for further details.
This announcement is dated 21 October 2025.