The Board of Directors of Generic Engineering Construction and Projects Limited convened on January 12, 2026, to discuss potential fundraising initiatives. Following due deliberation, the Board concluded that the proposal requires further evaluation, including an assessment of prevailing market conditions and available structuring alternatives. Consequently, no decision was made on the fundraising proposal during this meeting.

The company stated that it will communicate the next course of action regarding this matter in due course. The board meeting commenced at 06:00 PM and concluded at 07:30 PM on January 12, 2026.