PT International Development Corporation Limited (the Company) disclosed that its controlling shareholder’s share transfer arrangement was completed on 12 November 2025. The purpose of this move was to simplify the existing shareholding structure.

Before the transfer, Mr. Ching held a total of 153,897,353 shares (representing approximately 50.83% of the issued share capital of the Company), composed of 15,000,000 shares in his personal capacity, 73,200,000 shares through Champion Choice Holdings Limited, and 65,697,353 shares through Marching Great Limited. Both Champion Choice Holdings Limited and Marching Great Limited are wholly owned by Mr. Ching.

Under the new arrangement, Mr. Ching and Champion Choice Holdings Limited have transferred 15,000,000 shares and 73,200,000 shares, respectively, to Marching Great Limited for nominal considerations of HK$1 each. As a result, Mr. Ching, through Marching Great Limited, continues to hold 153,897,353 shares, maintaining approximately 50.83% of the Company’s issued share capital, and remains the Company’s controlling shareholder.

The Securities and Futures Commission of Hong Kong has granted a waiver pursuant to Note 6(a) to Rule 26.1 of the Takeovers Code, exempting Marching Great Limited from making a general offer for the Company’s shares due to this transfer.