1. INTRODUCTION

Pursuant to Paragraph 9.04(e) of the Main Market Listing Requirements, the Board of Directors of NGGB ("Board") is pleased to announce that the Company had on 3 April 2026 accepted a Working Capital Financing-i (WCF-i) Facility of RM50,000,000.00 (Ringgit Malaysia of Fifty Million) only from Bank Kerjasama Rakyat Malaysia Berhad (the "Bank") ("Loan Facility").

2. SALIENT TERMS OF THE LOAN FACILITY

Loan Type

Working Capital Financing-i (WCF-i) under the Shariah principles of Tawarruq

Purpose

To finance general working capital requirements related to the Group's business activities.

Tenure

12 months for every disbursement (revolving), with overall facility tenure of up to five (5) years from the date the Facility is made available and/or the date of first disbursement, subject to the Bank's discretion and right to review and/or assess the Loan Facility.

3. FINANCIAL EFFECTS OF THE BORROWING OF FUNDS

Share Capital and Substantial Shareholdings

The Loan Facility will not have any effect on the issued and paid-up capital of the Company or the shareholdings of the Company's substantial shareholders.

Net Assets and Earnings per share

The Loan Facility is not expected to have any immediate impact on the net assets and earnings per share of the Company.

4. DIRECTORS' AND MAJOR SHAREHOLDERS' INTEREST

None of the Directors and/or major shareholders of the Company and/or person connected with them have any interest, direct and/or indirect, in the Loan Facility.

5. APPROVAL FOR THE BORROWING OF FUNDS

The Loan Facility is not subject to the shareholders' approval in a general meeting of the Company and any relevant government authorities.

6. STATEMENT BY DIRECTORS

The Board, having reviewed and considered all aspects of the Loan Facility, is of the opinion that the Loan Facility is in the ordinary course of business and in the best interests of the Company.

 

This announcement is dated 3 April 2026.