The Board of Directors of Oxley Holdings Limited announced that the Group has incorporated a subsidiary in Malaysia, namely, Artisan Hospitality Sdn. Bhd. (the Subsidiary).

The Subsidiary has an issued and paid-up share capital of MYR 2, comprising 2 ordinary shares held by Oxley Rising Sdn. Bhd., a wholly-owned subsidiary of the Group. The principal business activities of the Subsidiary are investment holding, and hotel development and management.

The aforesaid incorporation was funded by internal resources and is not, in itself, expected to have any material impact on the net tangible assets per share or earnings per share of the Company for the current financial year ending 30 June 2025.