TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSALCOM GROUP BERHAD ("AGB" OR THE "COMPANY")

ACQUISITION BY AG AVENUE SDN. BHD., A WHOLLY-OWNED INDIRECT SUBSIDIARY OF AGB, OF 2 PARCELS OF CONTIGUOUS LEASEHOLD VACANT COMMERCIAL LAND HELD UNDER THE LAND TITLE NO. PM 17468, LOT 117426 (FORMERLY HELD UNDER PM 416, LOT 31632) AND PM 17467, LOT 117427 (FORMERLY HELD UNDER PM 417, LOT 31633), BOTH OF WHICH ARE LOCATED IN MUKIM KAPAR, TEMPAT BUKIT RAJA, DAERAH KLANG, NEGERI SELANGOR, FOR A TOTAL CASH CONSIDERATION OF RM56,000,000 ("ACQUISITION")