1. Introduction

HEB is pleased to announce that on 22 January 2026, HSS Integrated Sdn Bhd (“HSSI”), an associate company of HEB, accepted a letter of appointment (“LOA”) from Silver Streams Technofarm Sdn Bhd [Registration No. 202401050157 (1596001-X)] appointing HSSI as the Project Management Consultant (“PMC”) for the Engineering, Procurement, Construction and Commissioning (“EPCC”) of the proposed 10.06MW Load Data Centre and associated works in Bagan Datuk, Perak Darul Ridzuan (Phase 1 - 10MW)(Facility F1) (“Project”).

2. Information on the Services

The services to be provided by HSSI shall include, without limitation, overall project management, design management, programme and schedule management, cost and contract administration, change management, construction and site management, quality assurance and quality control, and full construction supervision (“Services”).

Pursuant to the exclusive teaming arrangement between HSSI and HSS Engineering Sdn Bhd (“HSSE”), a wholly-owned subsidiary of HEB, HSSI and HSSE will collaborate exclusively to execute and complete the Services. 

3. Financial Effects

The Services are expected to contribute positively to the revenue, earnings and net assets of the HEB Group for the financial years ending 31 December 2026 to 31 December 2027.

The Services will not have any impact on the share capital and/or shareholding structure of HEB.

The Services are expected to be funded via internally generated funds and/or external borrowings.

4. Risk Factors

The risk factors affecting the Services include, but are not limited to, execution risks, such as dependency on the implementation schedule and progress of the Project. Nonetheless, the HEB Group has, over the years, established a strong track record and expertise in undertaking similar projects. As such, the Board of Directors believes that the HEB Group is able to mitigate the aforesaid risk factors.

5. Approval Required

The Services, being part of the ordinary course of business of the HEB Group, are not subject to the approval of shareholders of HEB or any relevant authorities.

6. Directors’ and/or Major Shareholders’ Interests

None of the Directors and/or Major Shareholders of HEB and persons connected to them has any interest, direct or indirect, in the Services.

7. Directors’ Statement

The Board of Directors, after considering all relevant factors, is of the opinion that the provision of the Services and the acceptance of the LOA are in the best interest of HEB Group.

This announcement is dated 22 January 2026.