Highlights

• An established civil engineering contractor in Malaysia specialised in providing bridge engineering services as a subcontractor for large scale transportation infrastructure, with over 16 years of experience.
• Provides 2 main types of services: (i) bridge engineering works and (ii) flood mitigation works.
• Holds the highest grade of contractor licence under the CIDB - Grade G7 qualification in Category CE (Civil Engineering Construction), Category B (Building Construction) and Category ME (Mechanical and Electrical) in Malaysia, which allows the Group to undertake civil and structural works of unlimited tender/contract value.
• The Group mainly provides services in projects owned or initiated by the government or government-linked companies in Malaysia, and has participated in a number of notable projects, such as Eastern Dispersal Link, Duta-Ulu Kelang Expressway, Damansara-Shah Alam Elevated Expressway and the SUKE Highway.

Financial Highlights

（RM'000）	FY2023	FY2024	6M2024（unaudited）	6M2025
Revenue	76,757	133,002	69,786	73,986
Bridge engineering works	74,594	123,208	64,263	73,148
Flood mitigation works	2,163	9,794	5,523	838
Gross Profit	10,990	25,664	10,594	15,806
Gross Profit Margin (%)	14.3	19.3	15.2	21.4
(Loss)/profit and total comprehensive income for the year/period attributable to owners of the Company	(14,460)	26,189	12,112	3,201

HONG KONG SAR - Media OutReach Newswire - 31 December 2025 -BBSB International Limited ("BBSB" or the "Company", together with its subsidiaries, the "Group", stock code: 8610.HK), announces the details of its plan to list on the GEM of The Stock Exchange of Hong Kong Limited ("SEHK") today. A total of 125,000,000 shares, subject to the Offer Size Adjustment Option, will be offered under the Share Offer, of which 90%, or 112,500,000 shares will be offered by way of Placing; while the remaining 10%, or 12,500,000 Shares (subject to reallocation) will be offered under the Public Offer. The Offer Price per Offer Share is expected to be not less than HK$0.6 and not more than HK$0.7. The shares will be traded in board lots of 4,000 shares each. The Public Offer will commence at 9:00 a.m. on 31 December 2025 (Wednesday) and close at 12:00 noon on 8 January 2026 (Thursday). The final offer price and allotment results are expected to be announced on 12 January 2026 (Monday). Dealings in shares of BBSB on the GEM of the SEHK are expected to commence on 13 January 2026 (Tuesday). Assuming an Offer Price of HK$0.65 per Offer Share (being the mid-point of the indicative price range of the Offer Price), the aggregated net proceeds from the Share Offer, after deducting related expenses and assuming the Offer Size Adjustment Option is not exercised, will be approximately HK$56.0 million (equivalent to approximately RM30.2 million). The Group intends to use these net proceeds for the following purposes: 1) approximately 65.2% to strengthen its financial position to pay for the upfront costs of its potential projects; 2) approximately 19.8% for expansion of workforce to support growth across all regions; 3) approximately 5.0% to upgrade and digitise the Group's information systems and internal processes; and 4) approximately 10.0% for general working capital. Lego Corporate Finance Limited is the Sole Sponsor. Lego Securities Limited is the Sole Overall Coordinator. Lego Securities Limited and Fortune Origin Securities Limited are the Joint Bookrunners and Joint Lead Managers. Cornerstone Investors The Group has entered into cornerstone investment agreements with 2 cornerstone investors, namely Mr. Choy Joo Seong and Mr. Tan Nam Joo, pursuant to which each of the cornerstone investors have agreed to, subject to certain conditions, subscribe for such number of Shares at the Offer Price, which may be purchased with an amount of HK$7.0 million. Business Overview The Group is an established civil engineering contractor in Malaysia with over 16 years of experience, specialising in providing bridge engineering services as a subcontractor for large-scale transportation infrastructure engineering projects owned or initiated by the government or government-linked companies in Malaysia. The Group's business provides 2 categories of services:

1. Bridge engineering works which primarily involve (i) the design and construction of girder bridges; and (ii) construction of the connecting highways, roads and facilities ancillary to the...