Malaysia King Sultan Ibrahim takes 2.25% stake in Southern Alliance Mining via share transfer from MD Pek Kok Sam

Malaysia’s King Sultan Ibrahim bought 14,326,500 shares in Southern Alliance Mining, equal to about 2.25% of issued stock. Off-market married deal completed Oct. 12, 2026 at S$ 0.425 per share, valuing the trade at about S$ 6.1 million. Managing Director Dato’ Sri Pek Kok Sam’s direct stake fell to about 55.74%, effective interest about 56.66%, retaining control. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southern Alliance Mining Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: P4U9VMVJEOR25Z32) on October 12, 2026, and is solely responsible for the information contained therein. (C)