OTHERS: ANNOUNCEMENT DETAILS

Announcements, General Announcements / By

OTHERS: ANNOUNCEMENT DETAILS

Type: Announcement
Subject: Others
Description: P.I.E. Industrial Berhad (”PIE” or the ”Company”)

Disclosure of Material Information Pursuant to Paragrap 9.03 of the Listing Requirements of Bursa Malaysia Securities Berhad

Reference is made to the Company’s announcement made on 19 April 2024, the Board of Directors of PIE wishes to announce its wholly-owned subsidiary, Pan-International Electronics (Malaysia) Sdn Bhd (”PIESB”) has secured an overseas customer to manufacture servers and switches.

The expected revenue for the financial year ending 31 December 2025 and 2026 are as follows:

Financial Year EndingExpected Sales (RM ‘billion)Approximate units to be sold (‘000)
31 December 2025116
31 December 20261.524

The announcement is dated 23 April 2024.