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Lagenda Properties Posts 17.2% Revenue Growth in Q1 FY2025, Unveils Maiden Phase of 1,000-Acre Kulai Township KUALA LUMPUR, 27 May 2025 – Lagenda Properties Berhad (“Lagenda” or “the Group”) (KLSE: LAGENDA – 7179), a leading developer of affordable housing and integrated townships, recorded a 17.2% increase in revenue, rising from RM225.62 million in Q1FY2024 to RM264.40 million in the current quarter. The Group reported net earnings of RM44.59 million for the first quarter ended 31 March 2025 (Q1FY2025), a rise of 4.05% year-on-year from RM42.86 million in the corresponding quarter last year. Earnings per share (EPS) improved to 5.32 sen, compared to 5.10 sen in the same period last year. In a bourse filing on Tuesday, Lagenda reported a notable increase in revenue, primarily driven by higher revenue recognition from ongoing developments including Darulaman Lagenda in Sungai Petani (Kedah), Lagenda Ardea in Ulu Bernam (Selangor), Puncak Warisan in Kota Tinggi, and Lagenda Suria in Mersing (Johor). Confirmed sales for the period reached RM252 million, underpinned by strong demand at La’ Indera (Kuantan, Pahang) and Puncak Warisan (Kota Tinggi, Johor). As of March 2025, unbilled sales totaled RM898.9 million, complemented by outstanding bookings of RM268.8 million, thereby providing strong revenue visibility for the coming quarters. The Group recently announced a strategic land acquisition of 138.17 acres in Senawang, Negeri Sembilan, bringing its total landbank as at the end of Q1FY2025 to 5,201 acres, with an estimated Gross Development Value (GDV) of RM13.5 billion. This reinforces its robust development pipeline across six key states: Perak, Selangor, Johor, Kedah, Pahang, and now Negeri Sembilan. Managing Director, Dato’ Jimmy Doh, highlighted a key milestone for the Group, stating, “We are proud to have recently launched the maiden phase of our 1,000-acre affordable township in Kulai, Johor—marking a significant step in solidifying our presence in the hottest and most promising growth corridor in Malaysia. The strong initial response underscores the continued demand for affordable landed homes in well-planned, emerging locations.” The Group continues to uphold its strategy of developing integrated townships nationwide, focusing on affordable, practical, and sustainable homes priced below RM300,000, with convenient access to essential amenities and infrastructure including schools, transportation, and recreational facilities. Dato’ Jimmy added, “Driven by continued demand for affordable housing, we are doubling our launch target from 4,000 to 8,000 units this year. At the close of trade, Lagenda shares stood at RM1.20, valuing the Group at RM1.0 billion.   ABOUT LAGENDA PROPERTIES BERHAD LAGENDA PROPERTIES BERHAD (“Lagenda” or KLSE: LAGENDA (7179)) is a property developer listed on the Main Market of Bursa Malaysia. We began our journey in affordable housing development in early 2018, focusing on our core expertise: developing self-sustaining townships in Perak. Since then, the company has expanded its township developments to the states of Selangor, Johor, Kedah, Pahang and Negeri Sembilan. Our townships prioritise community-based facilities and public amenities that cater to the needs of most Malaysian homebuyers in the B40 and M40 income groups. With 5,201 acres of landbank across six states and growing, our goal is to build economical and affordable homes. Our long-term objective is to become a sustainable developer in Malaysia. View Press Release Share

Lagenda Properties Berhad Sees 24% Surge in 4QFY2024 Net Profit, Recorded RM1.13 billion in Annual Sales KUALA LUMPUR, 25 FEBRUARY 2025 – Lagenda Properties Berhad (“Lagenda” or “the Group”, KLSE: LAGENDA (7179)), a leading affordable housing and integrated township developer, reported a 24% increase in net profit for the fourth quarter ended December 31, 2024 (4QFY2024), reaching RM46.09 million compared to RM37.22 million in the same quarter last year. This growth was driven by higher contributions from new sales and construction progress of active phases. Quarterly revenue decreased by 2.4% to RM233.90 million from RM239.65 million in the same quarter last year, due to early construction stages of newly launched projects such as La’ Indera Phase 1A (Kuantan, Pahang), Puncak Warisan Phase 1 (Kota Tinggi, Johor) and Lagenda Suria Phases 1A and 1B (Mersing, Johor).  Earnings per share (EPS) rose to 5.52 sen from 4.42 sen in the corresponding quarter last year, reflecting a growth of 24%.  For FY2024, the Group’s net profit soared by 24.6% to RM 184.60 million from RM 148.11 million in the previous year, as annual revenue expanded by 18.4% to RM 988.77 million from RM 834.87 million previously.  In a statement accompanying the results, the Group reported RM265.6 million in sales for Q4FY2024, with full year confirmed sales totaling RM1.13 billion, which is the highest annual sales in the Group’s history, underscoring its strong market position.  The Group also reported unbilled sales of RM896.3 million and total bookings of RM473.4 million.  As of the end of the financial year, the Group’s landbank stood at 5,063 acres with a Gross Development Value of RM13.0 billion, bolstering its long-term development pipeline. Lagenda Aman, Lagenda Teluk Intan Phase 3A in Perak, and Darulaman Lagenda Phase 2 and 3A in Kedah, emerged as significant revenue drivers for the Group in the fourth quarter. The Group also completed Darulaman Lagenda Phase 1 during the quarter.  Meanwhile, the newly launched projects in the fourth quarter, La’ Indera Phase 1A in Kuantan, Pahang and Lagenda Ardea Phase 2A in Ulu Bernam, Selangor have seen positive market reception. Managing Director of Lagenda, Dato’ Jimmy Doh, stated, “We are pleased with our notable achievement in FY2024, driven by successful project completions, strong sales performance, property launches, and supportive government policies and incentives.  Our outlook for 2025 remains positive as we actively pursue growth opportunities in the sector, aiming for more than 30% increase in total sales to ensure sustainable, long-term growth.” He further added, “We are thrilled to expand our large-scale affordable housing presence in Johor with the upcoming launch in Kulai, solidifying our commitment to becoming Malaysia’s preferred developer of affordable homes.” View Press Release Share