The Board of Directors of Bonia Corporation Berhad (“BCB” or “Company”) wishes to announce that, Maha Asia Capital Sdn. Bhd. (“MASB” or “Purchaser”, a wholly-owned subsidiary) has on 07 December 2022, inked a Sale and Purchase Agreement (“SPA” or “Agreement”) with Resaa Properties Sdn. Bhd. (“RPSB” or “Vendor”) to acquire all that piece of freehold land held under Title Geran 25630 Lot 456 Seksyen 67, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur measuring 1403.707 square meters in area (“Land”) together with a double storey bungalow and a guard house erected thereon bearing postal address at 8, Jalan Delima, 55100 Kuala Lumpur (collectively, “Property”) from RPSB at a total purchase price of RM35,507,000.00 (“Purchase Price”) (collectively, “Acquisition”).

Please refer to the attachment for the full text of this announcement including, but not limited to, the details of the Acquisition.

This announcement is dated 07 December 2022.