Investor Relations

The Board of Directors ("Board") of AGX wishes to announce that the Company had on 3 July 2024 entered into a shareholders' agreement with Dang Huynh Ba Thanh and Lam Minh Tu ("the Parties") for the subscription of 180,000 shares representing 60% equity interest in AGX Logistics (Viet Nam) Co., Ltd (Registration no. 0318414972) ("AGX (VN)") for a total cash consideration of VND1,800,000,000 (approximately equivalent to RM334,000) ("Purchase Consideration") ("Subscription"). The shareholders' agreement entails the shareholders' rights and obligations, management, operation of the business, and board reserved matters.

Please refer to the attachment for the full announcement in relation to the Subscription of Shares.

This announcment is dated 9 July 2024.