The Board of Directors of Ajinomoto (Malaysia) Berhad announced that the company has approved the relocation of its entire operations from its current factory located at and held under Lot 6269, Lot 49366, PT 22910, Lot 47088, PT4508 and Lot 22968, Jalan Kuchai Lama, Petaling, Kuala Lumpur (“Land”) to a new factory complex located at and held under Lot No. PT 1583, Bandar Baru Enstek, Daerah Seremban, Negeri Sembilan (“Relocation of Operations”). In conjunction with the aforesaid Relocation of Operations, the Board has approved for the Company to assess the prospects of potential disposal of the Land ("Assessment").

As part of the Assessment, the Company will be inviting interested party(ies) from the open market to make an offer to purchase the Land for the Company's consideration. Final decision on the disposal of the Land will only be made by the Board after the completion of the Assessment. Relevant announcements relating thereto will be made, if necessary, at the appropriate time in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.