Dear Valued Customers,

We are pleased to inform that the retail offering of HI Mobility IPO is now open for subscription and will close at 5:00 pm, 19 March 2025.

HI Mobility is primarily involved in the provision of bus transportation services, with an established track record of 23 years in providing accessibility and mobility to communities in the mass transit sector in cross-border and local bus services. The company has an extensive bus fleet of 683 buses servicing 124 routes across its addressable markets including Johor, Melaka, the Klang Valley, and Singapore.

HI Mobility’s key investment highlights are as follows:

• Business model with two revenue streams which are derived from ticket sales to the public, and contracted and other services from government bodies and corporations, and recurrent revenue streams to provide assurance of cash flow for the business
• On-going contracts with strong order book to sustain the business and provide the platform for business sustainability
• Strong asset base and digital infrastructure to facilitate efficient, effective and safe operations
• Approved buses with omnibus licences for 150 buses to provide JB-SG cross-border bus services
• Modular and scalable business model

For more information or assistance, you may write to us at mgcc@maybank.com or contact us at 1-300-88-6688 (Malaysia) or +603-7844 3696 (overseas).