On behalf of the Board of Directors of Seng Fong Holdings Berhad ("Seng Fong" or “Company”), Hong Leong Investment Bank Berhad is pleased to announce that the ordinary resolution as set out in the Notice of Extraordinary General Meeting (“EGM”) dated 5 April 2024 was duly passed by the shareholders of the Company at the EGM held today, 6 May 2024.

The voting in respect of the ordinary resolution was carried out by way of a poll and the result of the poll was validated by Scrutineer Solutions Sdn Bhd, the independent scrutineer appointed by the Company.

Please refer to the attachment for the details of the outcome.

This announcement is dated 6 May 2024.

PROPOSED BONUS ISSUE OF UP TO 190,285,333 NEW ORDINARY SHARES IN SENG FONG ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 3 EXISTING ORDINARY SHARES IN SENG FONG HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE")