| MIC Electronics has entered into Memorandum of Understanding with Refit Global to explore a potential strategic transaction, which may
include investment (equity/debt/hybrid), acquisition of shares/assets/business, share swap, preferential issue,
or other mutually agreed arrangements.
The collaboration brings together MIC Electronics' decades of large-scale manufacturing excellence, global technology delivery capabilities, deep
institutional relationships, and financial strength with Refit Global' advanced refurbishment platforms, certified supply chains, and strong B2C market penetration. The result is a next-generation circular
electronics platform positioned to drive sustainable growth, accelerate digital inclusion, and unlock unprecedented value across the refurbished electronics value chain. |