• MainStreet Advisers deemed Prosper Trading's RM 6.10-per-share offer for United Malacca not fair and not reasonable in its November 12, 2026 assessment.
• The offer price represents a 39.18% discount to estimated revalued net asset value of RM 10.03 per share.
• Participating non-interested directors concurred with the assessment; the bidders intend to retain the listing without compulsorily acquiring remaining shares.
• The bidders and concert parties held 47.23% as of November 5, 2026; completion requires their aggregate holding to exceed 50%.
• The cash offer for remaining shares is scheduled to close November 23, 2026, unless extended or revised.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. United Malacca Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3723774) on November 12, 2026, and is solely responsible for the information contained therein.