CIRCULAR/STATEMENT TO SHAREHOLDERS IN RELATION TO THE: PART A - PROPOSED ACQUISITION OF 7,081,321 ORDINARY SHARES IN IVORY PEARL SDN. BHD. ("IPSB"), REPRESENTING THE ENTIRE EQUITY INTEREST OF IPSB, FOR A TOTAL PURCHASE CONSIDERATION OF RM56,000,000, TO BE SATISFIED VIA CASH CONSIDERATION OF RM46,672,545 AND THE REMAINING RM9,327,455 TO BE SETTLED VIA THE ISSUANCE AND ALLOTMENT OF 16,500,000 NEW ORDINARY SHARES IN ECONFRAME BERHAD ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM0.5653 PER CONSIDERATION SHARE ("PROPOSED ACQUISITION"); AND PART B - STATEMENT TO SHAREHOLDERS IN RELATION TO THE PROPOSED AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN SHARES OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED SHARE BUY-BACK")