Kuala Lumpur, 8 May 2025 – GA Skylight Berhad (“GA Skylight” or “the Company”, and also widely known as the Skylight Group) is delighted to announce a significant step forward in its growth journey with a formal expression of interest received from Instrak Venture Capital Berhad (IVCB) to become a strategic shareholder in the Company.

This landmark development was unveiled during Skylight’s Shareholder Day and represents a powerful endorsement of the Company’s vision, leadership, and future prospects. IVCB has placed an initial deposit and commenced a comprehensive due diligence process. The anticipated investment, ranging from RM50 million to RM100 million, is expected to be finalised within 45 days, with capital deployment staged accordingly.

This collaboration goes far beyond capital. It marks the beginning of a strategic partnership designed to empower Skylight Group’s transformation. With IVCB’s support, the Company will:

· Strengthen and modernise its organisational structure

· Expand and elevate its core management and C-Suite team

· Attract top-tier executive talent for operational excellence

Lay the foundation for long-term scalability and IPO/buyout readiness

Dato Dr. Zainalnizad Shahrim, Director of GA Skylight Berhad and CEO of Asset Skylight Berhad, stated:

" The interest from Instrak Venture Capital Berhad validates the strength of our strategy and the hard work of our team. Their investment will fortify our capital structure and ignite a new phase of growth. We welcome their partnership in shaping Skylight’s next chapter.”

Dato Dr. Kahar Kamarudin, Group Chief Executive Officer of Instrak Venture Capital Berhad, added:

“Skylight is a standout company with a clear trajectory and a results-driven culture. We are committed to providing strategic capital, strengthening leadership, and catalysing corporatisation. Together, we believe this partnership will create immense value for all stakeholders.”

GA Skylight Berhad will continue to provide timely updates as due diligence and partnership discussions progress.

A leading business corporate consultancy and investment holdings company, specifically focused in Corporate Advisory, Mergers &amp; Acquisitions, Project Financing and Equity Participations.

About Instrak Venture Capital Berhad&nbsp;

Instrak Venture Capital Berhad (IVCB) is a unique Malaysian investment firm that specialises in identifying high-growth opportunities and propelling dynamic businesses forward. With over RM1.8 billion deployed across diverse sectors over two decades, IVCB through his Group CEO Dato Dr. Kahar Kamarudin is known for strategic excellence, deep market expertise, and transformative partnerships.&nbsp;

A trusted fintech strategic advisory to over 69 companies, Dato Dr. Kahar is a recognised authority in corporate finance, fintech strategy, and turnaround expertise. His work has led to recoveries exceeding RM 3.8 billion across SMEs and large enterprises over 20 years. With a growing investment presence in the Middle East, including AED 1 billion (RM 1.2 billion) in Dubai real estate investment, he is one of the most influential financial strategists in the region.

Kuala Lumpur, 8 May 2025 – GA Skylight Berhad (“GA Skylight” or “the Company”, and also widely known as the Skylight Group) is delighted to announce a significant step forward in its growth journey with a formal expression of interest received from Instrak Venture Capital Berhad (IVCB) to become a strategic shareholder in the Company.This landmark development was unveiled during Skylight’s Shareholder Day and represents a powerful endorsement of the Company’s vision, leadership, and future prospects. IVCB has placed an initial deposit and commenced a comprehensive due diligence process. The anticipated investment, ranging from RM50 million to RM100 million, is expected to be finalised within 45 days, with capital deployment staged accordingly.This collaboration goes far beyond capital. It marks the beginning of a strategic partnership designed to empower Skylight Group’s transformation. With IVCB’s support, the Company will:· Strengthen and modernise its organisational structure· Expand and elevate its core management and C-Suite team· Attract top-tier executive talent for operational excellenceLay the foundation for long-term scalability and IPO/buyout readinessDato Dr. Zainalnizad Shahrim, Director of GA Skylight Berhad and CEO of Asset Skylight Berhad, stated:" The interest from Instrak Venture Capital Berhad validates the strength of our strategy and the hard work of our team. Their investment will fortify our capital structure and ignite a new phase of growth. We welcome their partnership in shaping Skylight’s next chapter.”Dato Dr. Kahar Kamarudin, Group Chief Executive Officer of Instrak Venture Capital Berhad, added:“Skylight is a standout company with a clear trajectory and a results-driven culture. We are committed to providing strategic capital, strengthening leadership, and catalysing corporatisation. Together, we believe this partnership will create immense value for all stakeholders.”GA Skylight Berhad will continue to provide timely updates as due diligence and partnership discussions progress.About GA Skylight Berhad A leading business corporate consultancy and investment holdings company, specifically focused in Corporate Advisory, Mergers &amp; Acquisitions, Project Financing and Equity Participations.About Instrak Venture Capital Berhad&nbsp;Instrak Venture Capital Berhad (IVCB) is a unique Malaysian investment firm that specialises in identifying high-growth opportunities and propelling dynamic businesses forward. With over RM1.8 billion deployed across diverse sectors over two decades, IVCB through his Group CEO Dato Dr. Kahar Kamarudin is known for strategic excellence, deep market expertise, and transformative partnerships.&nbsp;About Dato Dr. Kahar KamarudinA trusted fintech strategic advisory to over 69 companies, Dato Dr. Kahar is a recognised authority in corporate finance, fintech strategy, and turnaround expertise. His work has led to recoveries exceeding RM 3.8 billion across SMEs and large enterprises over 20 years. With a growing investment presence in the Middle East, including AED 1 billion (RM 1.2 billion) in Dubai real estate investment, he is one of the most influential financial strategists in the region.

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