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 15 May 2026 entered into a conditional Shares Subscription and Shareholders' Agreement with SMSB and the existing shareholders of SMSB in relation to the proposed subscription by NCTW of eight (8) new ordinary shares in SMSB for a total subscription consideration of RM53.0 million ("Proposed Subscription").
Please refer to the attachment for the details of the Proposed Subscription.
This announcement is dated 15 May 2026.