Gemilang International extends conditional period for GML Premier acquisition as Malaysia land approvals remain pending

• Gemilang issued a supplemental clarification on its further extension of the conditional period for acquiring GML Premier.
• Land-use conversion approval in Malaysia remains in progress; completion now expected around Q4 2026.
• State approval process expected to take about six months once the land-use conversion is completed.
• No material adverse change at the target; unaudited net liabilities RM 91,835 as of March 31, 2026.
• Vendors have allowed no-cost interim use of the property for storage; surrounding land values up about 20%-30% since signing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gemilang International Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260605-12192665), on June 05, 2026, and is solely responsible for the information contained therein.