AIA Engineering Ltd Completes 70% Stake Acquisition in VEGA MPS PTY LIMITED for AUD 16,917,550

AIA Engineering Ltd has completed the acquisition of 70% shares of VEGA MPS PTY LIMITED (VMPS), Australia through its wholly-owned subsidiary, Vega Industries (Middle East) FZC (Vega ME). The total consideration for the acquisition of additional 14% stake in VMPS is AUD 5,639,184. Vega ME had already acquired 56% stake in VMPS. The acquisition was done at arm's length and does not fall within related party transactions. The transaction does not require any governmental or regulatory approvals. The target company, VMPS, is in the business of design, supply of mining liners and other parts, process engineering, project management and quality control capabilities for the mineral processing industry. The purchase consideration has been paid to the promoters of VMPS on 10 December, 2025.