The Board of Directors of the Company wishes to announce that SCANWOLF had on 11 November 2025 entered into a Joint Venture Agreement with Yize Global Co. Limited to establish a joint venture company ("JV Company"). The JV Company will serve as a platform for both parties to collaborate in manufacturing and trading of flooring products and related materials as well as engage in the import, export, distribution and installation of flooring products and accessories.
Please refer to the attachment for further details.
This announcement is dated 11 November 2025.