Westports Holdings Berhad announced that its wholly-owned subsidiary, Westports Malaysia Sdn Bhd ("WMSB") has received a letter from the Port Klang Authority ("PKA") dated 28 August 2023 disclosing that the Proposed Expansion of the Container Terminals ("CT) 10 to 17 ("Proposed Expansion") has been presented to the Cabinet on 25 July 2023. The Cabinet has agreed to the following with respect to the Proposed Expansion: The Proposed Expansion would be in relation to CT 10 to CT 17 (hereinafter referred to as the "New Proposed Expansion") only instead of CT 10 to CT 19 in accordance with the decision made by the Cabinet on 28 July 2017; The proposal to register the ownership of related lands in the name of PKA. Accordingly, PKA will lease the related lands to WMSB with a lease period and annual lease payment to be determined at a later date; and The Secretary-General of the Ministry of Transport will represent the Government of Malaysia in executing the Supplementary Privatisation Agreement ("Agreement") with PKA and WMSB, after the Agreement has been reviewed and confirmed ready for execution by the Attorney-General's Chambers.