2 February 2024

• The entire issued share capital of L&P was transferred to the Main Market of Bursa Securities.

1 March 2024

• The Group rented a premises in Bangi, Selangor which has a built-up area of approximately 11,000 sq ft and is used for office, storage and assembly of boxes and crates to serve the customers in the central region ("KV Branch")

• Berjayapak International Holdings Sdn Bhd had changed its name to L&P Global Sdn Bhd on 27 January 2022 and subsequently converted to a public limited company on 22 March 2022.
• The Group had acquired two adjacent premises in Perai, Penang, which has a built-up area of approximately 47,000 sq ft ("Perai Branch 1") and 33,000 sq ft ("Perai Branch 2"), respectively (collectively, "Perai Branch") and is used for storage of boxes and crates to serve the customers surrounding the Perai area.
• The Group had acquired a premise in Kulim, Kedah which has a built-up area of approximately 65,000 sq ft ("Kulim Branch") and is currently used for storage of raw materials.
• L&P launched the Prospectus in conjunction with the Initial Public Offering exercise, on 13 December 2022.
• L&P launched the Employee Share Option Scheme ("ESOS") on 29 December 2022.

• The Group rented another adjacent factory in Binh Duong, Vietnam which has a built-up area of approximately 16,000 sq ft to support the expansion of the manufacturing capacity in Vietnam ("Vietnam Factory 2") ("Vietnam Factory 1" and "Vietnam Factory 2" collectively referred as "Vietnam Factory").

• The Group began using engineered wood for the manufacturing of industrial packaging products. As engineered wood has consistent quality and dimension, lesser processing of wood materials is required, hence, reducing the amount of labour required in the factory.
• The Group purchased a radio frequency machine, an advanced drying machine to shorten the drying time of wood material.

• The Group expanded the Sungai Bakap Factory with the purchase of another adjacent factory which has a land area of approximately 54,000 sq ft to increase the storage capacity in order to support the pallet recycling activities.

• The Group installed a heat treatment chamber in Sungai Bakap Factory which allow us to treat the wood materials by removing moisture content, as well as repurpose the wood wastes by using them as feedstock in the boilers to power the heat treatment chamber. With this, the Group is also able to manufacture industrial packaging products that are compliant with the International Standards for Phytosanitary Measures No.15 ("ISPM 15") inhouse (applicable to natural wood).

• BSB was certified compliant with ISO 9001 by SGS United Kingdom Ltd.

• BSB assumed the business in the manufacturing of industrial packaging products from Syarikat Perusahaan Berjaya, a sole proprietorship, which gradually ceased operations and was discontinued on 25 June 1992.

• Syarikat Perusahaan Berjaya was established to venture into the manufacturing of industrial packaging products in Bukit Tengah, Penang.
• During the initial years of the business, its customers mainly comprised manufacturers in the rubber products, lift manufacturing, semiconductor and electrical and electronics industries.
• It also provided packing services to the customers who require their goods to be packed and secured into boxes and crates, and ready to be loaded and delivered.