ENEST GROUP BERHAD (“ENEST” OR THE “COMPANY”) ACQUISITIONS OF 2 UNITS OF LEASEHOLD LAND TOGETHER WITH 2 UNITS OF 2-STOREY SEMI-DETACHED FACTORY TO BE ERECTED THEREON

ENEST GROUP BERHAD (“ENEST” OR “COMPANY”) (I) PROPOSED TRANSFER OF LISTING AND QUOTATION FOR THE ENTIRE ISSUED SHARE CAPITAL OF ENEST FROM THE LEAP MARKET TO THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“PROPOSED TRANSFER LISTING”); AND (II) PROPOSED ADOPTION OF A NEW CONSTITUTION OF THE COMPANY TO FACILITATE THE IMPLEMENTATION OF THE PROPOSED TRANSFER LISTING (“PROPOSED ADOPTION”) (COLLECTIVELY THE “PROPOSALS”)