ENCORP BERHAD CONCLUDES 26TH AGM WITH SHAREHOLDER ENDORSEMENT FOR GOVERNANCE RESOLUTIONS

KOTA DAMANSARA, 3 AUGUST 2026 —

Encorp Berhad Concludes 26th AGM with Shareholder Endorsement for Governance Resolutions

The history of Encorp Berhad dates back to its establishment as a property development group with diversified interests across construction, investment property, and facilities management. Over the years, the Company has been involved in various development projects, including residential and commercial properties. The Group has also expanded its portfolio to include investment properties and construction services. As a listed company on the Main Market of Bursa Malaysia, Encorp Berhad is committed to delivering long-term value to its shareholders through disciplined growth and prudent execution.

At the 26th AGM, shareholders endorsed the Company's governance framework, business direction, and ongoing efforts to strengthen its operational foundation. The meeting saw the re-election of Encik Mohd Yusmadi Bin Mohd Yusoff, Encik Muhammad Fitri Bin Othman, Dr Wan Ahmad Rudirman Bin Wan Razak, and Puan Zaina Diana Binti Zinal to the Board. The Company also noted that Messrs Ernst & Young PLT had expressed their intention not to seek re-appointment as Auditors of the Company and had retired accordingly. Encik Ahmad Harzimi Mohd Taib, Group Chief Executive Officer of Encorp Berhad, commented that the Company remains focused on disciplined execution across its development portfolio, improving the performance of its investment properties, and exploring strategic partnerships to support future growth.

The conclusion of the 26th AGM is expected to have a positive impact on the Malaysian market, particularly in the property development sector. Encorp Berhad's commitment to strengthening its operational foundation and delivering long-term value to its shareholders is likely to boost investor confidence in the Company. The Group's planned development projects, including the Lamanda Chuping Phase 2 in Perlis and the Cockburn Centre in Australia, are expected to contribute to the growth of the property development sector in Malaysia. Additionally, the Company's strategic partnerships with key partners, such as the Federal Land Development Authority (FELDA) and KBI Properties Sdn. Bhd., are expected to leverage complementary strengths and enhance project visibility.

In terms of sector-specific implications, Encorp Berhad's focus on property development, investment property, and construction is likely to have a positive impact on the Malaysian property market. The Company's commitment to delivering high-quality developments that meet evolving customer needs is expected to drive growth in the sector. The Group's investment property portfolio, which includes Strand Mall and Warna Avenue, is also expected to contribute to the growth of the retail and commercial property sectors in Malaysia. Details not yet available on the potential impact of the Company's strategic partnerships on the Malaysian property market, but it is expected to be positive.

Looking ahead, Encorp Berhad is expected to continue its focus on disciplined execution, prudent capital management, and strategic partnerships to drive long-term growth. The Company's commitment to delivering value-accretive opportunities through strategic partnerships and disciplined execution is likely to boost investor confidence and drive growth in the Malaysian property development sector. With its strong foundation and diversified portfolio, Encorp Berhad is well-positioned to capitalize on opportunities in the Malaysian property market and deliver long-term value to its shareholders. The Company's next steps will be closely watched by investors and industry analysts, as it continues to navigate the challenges and opportunities in the Malaysian property development sector.

Related: Encorp Berhad · Bursa Malaysia · Encik Ahmad Harzimi Mohd Taib · Kota Damansara