Link: https://links.sgx.com/1.0.0/corporate-announcements/AYR32RD8DLEK5JWB/c1977379ae566eff93a8b4becd57c8c32903fae6e41ead283357c1fe6238409d

Summary:

• ASL Marine’s subsidiary Capitol Marine Pte Ltd increased its ownership in PT. Cipta Nusantara Abadi (PT CNA) from 75% to 80% by subscribing to 32,320 new ordinary shares at IDR 15,625 each.

• The share capital of PT CNA was raised from IDR 2,020,000,000 to IDR 2,525,000,000.

• PT CNA is engaged in investment holding, agency, handling, and consultancy services.

• The investment was funded using internal resources and is not expected to have any material impact on ASL Marine’s consolidated net tangible assets or earnings per share for FY ending June 30, 2026.

• No directors or controlling shareholders have interests in this transaction apart from their shareholdings in the company.