SENHENG NEW RETAIL BERHAD ("THE COMPANY") PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RRPT MANDATES")

SENHENG NEW RETAIL BERHAD ("SENHENG" OR THE "COMPANY") (I) ACQUISITION OF LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON, WHICH IS CURRENTLY BEING USED AS A CENTRAL DISTRIBUTION CENTRE, FOR A PURCHASE CONSIDERATION OF RM75.8 MILLION TO BE SATISFIED ENTIRELY IN CASH ("ACQUISITION"); AND (II) VARIATION OF THE UTILISATION OF PROCEEDS RAISED FROM THE COMPANY'S INITIAL PUBLIC OFFERING ("VARIATION") (COLLECTIVELY, REFERRED TO AS THE "CORPORATE EXERCISES")

SENHENG NEW RETAIL BERHAD ("SENHENG" OR THE "COMPANY") (I) ACQUISITION OF LAND TOGETHER WITH THE BUILDINGS ERECTED THEREON, WHICH IS CURRENTLY BEING USED AS A CENTRAL DISTRIBUTION CENTRE, FOR A PURCHASE CONSIDERATION OF RM75.8 MILLION TO BE SATISFIED ENTIRELY IN CASH ("ACQUISITION"); AND (II) VARIATION OF THE UTILISATION OF PROCEEDS RAISED FROM THE COMPANYS INITIAL PUBLIC OFFERING ("VARIATION") (COLLECTIVELY, REFERRED TO AS THE "CORPORATE EXERCISES")

SENHENG NEW RETAIL BERHAD ("THE COMPANY") PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE AND PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED RRPT MANDATES")