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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.” Lagenda’s Board of Directors has declared a single-tier second interim dividend of 3.50 sen per ordinary share, totaling RM29.31 million, payable on 20 May 2025. This brings the total dividend for Lagenda’s shareholders for FY2024 to 6.50 sen per ordinary share, amounting to RM54.43 million. With a net profit of RM184.60 million for FY2024, the dividend payout ratio stands at 29.5%. View Press Release Share

Lagenda Properties Expands Its Footprint into Negeri Sembilan with Acquisition of 138.17 Acres of Land for RM60.19 million KUALA LUMPUR, 20 MARCH 2025 – Lagenda Properties Berhad (“Lagenda”), through its wholly owned subsidiary, Vivafirst Sdn Bhd, has acquired 138.17 acres of land in Seremban, Negeri Sembilan for RM60.19 million. This acquisition, with an estimated gross development value (GDV) of RM560 million, marks Lagenda’s strategic entry into Negeri Sembilan, further expanding its development footprint across Malaysia. Strategically situated in the heart of Senawang, close to key industrial parks and established residential developments, this acquisition represents Lagenda’s first venture into Negeri Sembilan and its sixth state nationwide.  The site is ideally positioned to tap into the strong demand for affordable housing in the surrounding areas. With its well-connected infrastructure and proximity to essential amenities, this location offers exceptional potential for the development of a large-scale, integrated and affordable township. Lagenda’s Group Managing Director, Dato’ Jimmy Doh, stated, “As part of our strategic growth plan, we are actively exploring expansion opportunities in new states where we have yet to establish a presence.  Senawang, with its close access to key infrastructure such as the North-South Expressway (PLUS), LEKAS Highway, public transportation, essential amenities, industrial parks, and established residential communities, stands out as an ideal location for us to advance our mission of developing affordable homes within integrated townships.  This will create long-term value for both residents and stakeholders. “As Senawang has evolved from an industrial hub into a vibrant and thriving township, it has drawn a diverse population.  We are confident that our expertise will allow us to address the growing demand for affordable homes and a practical lifestyle, especially for skilled workers and young families,” he added. With this latest acquisition in Negeri Sembilan, Lagenda Properties will have its land bank increase to a total of 5,201 acres, further solidifying its presence across key states starting with Perak, Selangor, Johor, Kedah, and Pahang. Lagenda’s strategy has consistently focused on acquiring sites situated just outside established towns yet still offering easy access to essential amenities and key infrastructure.  This approach enables Lagenda to effectively address the housing needs of the underserved of B40 and M40 income groups, making homeownership more accessible to a broader range of Malaysians. As Malaysia continues to face challenges in providing sufficient affordable homes for its growing population, Lagenda’s efforts to meet the housing needs of the B40 and M40 income groups are crucial in bridging the affordability gap and ensuring more Malaysians can achieve homeownership.  These efforts align with the 12th Malaysia Plan (12MP), which emphasizes the importance of closing the urban-rural living gap and addressing the increasing deficit in affordable housing. View Press Release Share

Lagenda Properties Q3FY2024 Net Profit Rises 22.6% To RM47.3 Million Records highest-ever quarterly property sales of RM349 million Bookings received for recent property launches in Selangor and Johor has surpassed 85% since their debut in May Total landbank spans 5,225 acres across 5 states, supporting the group’s long-term growth and development plans KUALA LUMPUR, 25 NOVEMBER 2024 – Lagenda Properties Berhad (“Lagenda” or “the Group”, KLSE: LAGENDA (7179)), a leading affordable housing and integrated township developer posted a 22.6% year-on-year increase in net profit to RM47.3 million for the third quarter ended 30 September 2024 (“Q3FY2024”). During Q3FY2024, the Group recorded revenue of RM283.4 million, representing a significant year-on-year increase of 30.1% compared to RM217.9 million in the same quarter of the previous year. This growth was driven by an increase in revenue across the property development, construction, and trading segments. Specifically, the property development segment registered a 50.5% increase in revenue, spurred by the successful launches of new projects such as Darulaman Lagenda Phase 3A (Kedah), Lagenda Suria Phases 1A and 1B (Johor), Puncak Warisan Phase 1 (Johor) and Lagenda Aman (Perak). The Group also achieved a new milestone in this quarter, recording its highest-ever quarterly property sales of RM349 million, with contributions from the states of Perak, Johor, and Selangor. As of 30 September 2024, the Group reported unbilled sales of RM835.2 million and additional bookings totalling RM306.5 million, further strengthening its earnings outlook. On a year-to-date basis, Lagenda recorded a 24.9% increase in net profit to RM 138.5 million, compared to RM 110.9 million in the previous year, while revenue rose by 26.8% to RM754.9 million from RM595.2 million. Notably, Lagenda’s property sales reached RM869 million over the past nine months, marking a 9% increase compared to the same period of the previous year. This achievement is proof of the widespread acceptance of Lagenda’s affordable housing model among Malaysians nationwide. Managing Director of Lagenda, Dato’ Jimmy Doh Jee Ming <拿督卓致明> said, “Achieving record-breaking sales this quarter is evidence of the sustained demand for affordable housing as we continue expanding nationwide and is a testament to our team’s dedication and hard work. Together, we will continue building homes that empower communities and contribute to a brighter future for the country.” Looking ahead, Lagenda emphasised the positive impact of the measures introduced in Budget 2025 for the property development sector, particularly in affordable housing. Notable initiatives include a RM10 billion allocation for government-guaranteed loans of up to RM500,000 for first-time homebuyers and a tax relief of up to RM7,000 for this group. Furthermore, the recently announced phased salary increments for civil servants across the country are expected to boost demand further. “Lagenda remains steadfast in its mission to provide affordable homes at strategic locations, ensuring that quality housing is accessible to the masses. The initiatives outlined in Budget 2025 align perfectly with our vision, reinforcing our commitment to meeting the needs of first-time homebuyers and supporting the B40 and lower-M40 communities.” Dato’ Jimmy Doh added. Earnings per share (EPS) for Q3FY2024 increased to 5.64 sen, up from 4.63 sen in the same quarter a year ago, representing a growth of 21.8%. View Press Release Share

Lagenda Properties Q1 Revenue Increases 24.7% To RM225.6 Million Profit after tax increased 9.0% y-o-y to RM42.9 million KUALA LUMPUR, 27 MAY 2024 – Affordable housing and integrated township developer Lagenda Properties Berhad (“Lagenda Properties” or “the Group”, Stock Code: 7179) has today released its first quarter financial results for the three months ended 31 March 2024 (“Q1FY2024”). In Q1FY2024, Lagenda Properties reported revenue and profit after tax (“PAT”) of RM225.6 million and RM42.9 million, respectively. Revenue and PAT were 24.7% and 9.0% higher in comparison to the corresponding quarter last year due to strong sales momentum and growing construction progress from various projects, most notably Lagenda Teluk Intan, Lagenda Tropika, and Darulaman Lagenda. Demand for the Group’s homes remained high as Lagenda Properties recorded confirmed sales of RM222.6 million for Q1FY2024. The majority of sales was driven by Lagenda Suria in Johor and the newly launched Lagenda Aman in Perak. Further, bookings were recorded at RM230.7 million which provide a solid pipeline for future sales conversion. Revenue visibility for 2024 was underscored by unbilled sales amounting to RM633.7million, which will mostly be recognised as revenue in 2024 as construction activities continue to escalate across various projects in the coming months. Managing Director of Lagenda Properties, Dato’ Jimmy Doh Jee Ming <拿督卓致明> commented: “We are pleased with our performance in the first quarter of 2024. Revenue and profit after tax grew by 24.7% and 9.0% year-on-year to RM225.6 million and RM42.9 million respectively. This is a good start to the year and sets the tone for a fruitful 2024 as we look to increase our momentum over the coming quarters. Looking ahead, we expect our confirmed sales to grow over the upcoming quarters as we will ramp up our launches. We had only launched over 500 units in Q1FY2024 and so far as of May 2024, that figure has now reached over 3,000 units. Our goal is to launch more than 8,000 units overall across Perak, Johor, Selangor and Pahang over the course of the year, which will expand our presence to five states in Malaysia inclusive of Kedah. This marks a significant increase from the 3,600 homes launched in 2023 and reflects our commitment to addressing the growing nationwide demand for affordable housing. To add on, based on our target launches this year, over 75% of our launches in 2024 will be outside our initial homebase of Perak. With our proven track record and strong take-up rates to date, we are confident that the new launches will be well-received by the market. Our growth plans are backed by our landbank of 5,310 acres which carries a remaining Gross Development Value (GDV) of approximately RM14.8 billion. We will primarily focus on capitalising on the demand for affordable housing in Johor, where we currently hold approximately 1,522 acres, representing 29% of our total landbank. Moving forward, we are dedicated to further establishing ourselves on a larger scale as the preferred affordable housing developer for Malaysians. Overall, we are optimistic on our prospects for the remainder for the year and excited of our future growth in the years to come. View Press Release Share