The Board of Directors of NCT is pleased to announce that NCT World Sdn. Bhd., a wholly-owned subsidiary of the Company ("NCTW"), had on 31 March 2026 entered into a term sheet ("Term Sheet") with Semanja Murni Sdn. Bhd. ("SMSB") in relation to the proposed subscription by NCTW of 998 new ordinary shares in SMSB for a total subscription price of RM53.0 million.
Please refer to the attachment for the details of the Term Sheet.
This announcement is dated 31 March 2026.