MATERIAL LITIGATION Adjudication Decision for Adjudication Proceeding [Ref No.: AIAC/D/ADJ-5976-2025] pursuant to Construction Industry Payment and Adjudication Act 2012 ("CIPAA 2012") commenced by Proventus Bina Sdn. Bhd. ("Proventus") against Aspen Vision Builders Sdn. Bhd. ("Aspen")

CENTRAL GLOBAL BERHAD

Type	Announcement
Subject	MATERIAL LITIGATION
Description	Adjudication Decision for Adjudication Proceeding [Ref No.: AIAC/D/ADJ-5976-2025] pursuant to Construction Industry Payment and Adjudication Act 2012 ("CIPAA 2012") commenced by Proventus Bina Sdn. Bhd. ("Proventus") against Aspen Vision Builders Sdn. Bhd. ("Aspen")
Reference is made to the announcement dated 20 May 2025 in relation to the commmencement of Adjudication Proceeding pursuant to the Construction Industry Payment and Adjudication Act 2012 by Proventus against Aspen ("Announcement"). Unless otherwise stated, the definitions and terms used herein shall have the same meaning as defined in the Announcement. The Board of Directors of Central Global Berhad ("CGB" or "Company") wishes to announce that Proventus had on 12 November 2025 received the adjudication decision dated 12 November 2025 (“Adjudication Decision”) from the Adjudicator who had decided in favour of Proventus in for a total sum of RM2,884,324.55 (plus interest). The Company will make the necessary announcements on further developments on the matter (if any) in due course. The Company was represented by Messrs Lee & Poh Partnership in the adjudication. This announcement is dated 13 November 2025.

Announcement Info

Company Name	CENTRAL GLOBAL BERHAD
Stock Name	CGB
Date Announced	13 Nov 2025
Category	General Announcement for PLC
Reference Number	GA1-13112025-00025