JPG Saw IPO Shares Oversubscribed By 2.18 Times

Johor Plantation Group which is set for the main market listing, saw its public issue of 50,000,000 IPO shares made
available for application by the Malaysian public was oversubscribed by 2.18 times.

The IPO involves the issuance of up to 875,000,000 IPO shares which institutional taking the bulk of up to 797,500,000 IPO Shares to Malaysian and foreign institutional and selected investors.

RHB Investment Bank Berhad is the Principal Adviser, Joint Global Coordinator, Joint Bookrunner, Managing Underwriter
and Joint Underwriter for this IPO. AmInvestment Bank Berhad and CIMB Investment Bank Berhad are the Joint Global
Coordinators, Joint Bookrunners and Joint Underwriters. CLSA Singapore Pte Ltd and CLSA Securities Malaysia Sdn
Bhd are the Joint Global Coordinators and Joint Bookrunners while Affin Hwang Investment Bank Berhad is the Joint
Bookrunner and Joint Underwriter.

The notices of allotment will be mailed to all successful applicants by 4 July 2024.

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