The Board of Directors of PMHB ("Board") wishes to announce that the Board has on 30 November 2022 received a notice of unconditional mandatory take-over offer ("Notice") from RHB Investment Bank Berhad on behalf of the Joint Offerors, to acquire all the remaining ordinary shares in PMHB not already held by the Joint Offerors and the persons acting in concert with them ("Offer Share(s)") for a cash consideration of RM0.19 per Offer Share ("Offer").

The Board (save for the interested Directors, namely Wie Hock Kiong and Wie Hock Beng) will appoint an independent adviser to provide comments, opinion and recommendation on the Offer to the non-interested Directors and shareholders of PMHB.

A copy of the Notice is enclosed with this announcement and will be dispatched to the shareholders of PMHB within 7 days of the receipt of the Notice.

This announcement is dated 30 November 2022.