Initial Public Offering in conjunction with our listing on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) comprising:

1. Public issue of 161,060,000 new ordinary shares in our company (“shares”) in the following manner:
• 40,265,000 new shares available for application by the Malaysian public;
• 10,469,000 new shares available for application by our eligible directors, employees and persons who have contributed to the success of our group;
• 80,530,000 new shares by way of private placement to Bumiputera investors approved by the Ministry of International Trade and Industry; and
• 29,796,000 new shares by way of private placement to selected investors
And
2. Offer for sale of 40,800,000 existing shares by way of private placement to selected investors

At an issue/offer price of RM0.48 per share, payable in full upon application.

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