TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONSPursuant to Paragraph 10.08(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of IBRACO ("Board") wishes to announce that IBRACO had, on 10 June 2024, entered into a sale and purchase agreement pertaining to a related party transaction with Heng Say Properties Sdn. Bhd. ("Purchaser" or "HSPSB"), a person connected to Mr. Ng Cheng Chuan ("NCC"). NCC is the Chairman and a major shareholder of IBRACO.