VALUATION ON NON-CURRENT ASSETS

Created: 24 February 2023

Pursuant to Paragraph 9.19(46) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors (“the Board”) of PIB wishes to announce that there was a revaluation surplus of RM1.06 million incorporated into the unaudited consolidated financial statements of PIB for the 4th quarter of the financial period ended 31 December 2022.

Please refer to the attachment for the full announcement.

This announcement is dated 24 February 2023.