On December 18, 2025, Auric Pacific Group Limited, an indirect non-wholly owned subsidiary of LIPPO C RES-NEW (00156), announced that its wholly-owned subsidiary (the Buyer) has entered into an Equipment Purchase Agreement with a commercial food manufacturing equipment manufacturer (the Seller). Under the agreement, the Seller agreed to sell, and the Buyer agreed to purchase, a series of commercial food manufacturing equipment (the Equipment) as specified in the agreement.

The total contract price will be settled using the Buyer's internal resources along with external financing secured by the Buyer. The delivery of the Equipment is expected to take place in the third quarter of 2026.

The Buyer is primarily engaged in the production and distribution of bread, cakes, and other bakery products in Malaysia and Singapore. The acquisition of the Equipment is intended to enhance the Group's daily food processing and production capabilities, thereby improving production efficiency and capacity, and supporting business expansion.

The Board anticipates that the acquisition will have a positive impact on the Group's performance. It is believed that the Equipment will complement and add value to the Group's existing operations, benefiting both the Company and its shareholders.