CIRCULAR TO SHAREHOLDERS IN RELATION TO: (I) PROPOSED PRIVATE PLACEMENT OF 100,000,000 NEW ORDINARY SHARES IN SIAB ("SHARE(S)" OR "SIAB SHARE(S)") ("PLACEMENT SHARES") REPRESENTING APPROXIMATELY 20.42% OF SIAB'S EXISTING ISSUED SHARES TO INDEPENDENT THIRD PARTY INVESTOR(S) TO BE IDENTIFIED AND AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED PRIVATE PLACEMENT"); (II) RENOUNCEABLE RIGHTS ISSUE OF 766,524,307 NEW SIAB SHARES ("RIGHTS SHARES") TOGETHER WITH 383,262,153 FREE DETACHABLE WARRANTS ("WARRANT(S)") ON THE BASIS OF 13 RIGHTS SHARES FOR EVERY 10 EXISTING SIAB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER TOGETHER WITH 1 WARRANT FOR EVERY 2 RIGHTS SHARES SUBSCRIBED ("PROPOSED RIGHTS ISSUE WITH WARRANTS"); AND (III) PROPOSED ACQUISITION OF 2,000,000 ORDINARY SHARES IN TAGHILL PROJECTS SDN BHD ("TAGHILL") FROM CHU YEE HONG, WONG YIH MING AND YAP KEK SIUNG, REPRESENTING 100.00% OF THE EQUITY INTEREST IN TAGHILL, FOR A TOTAL PURCHASE CONSIDERATION OF RM122,000,000 TO BE SATISFIED VIA A COMBINATION OF RM96,000,000 IN CASH AND RM26,000,000 THROUGH THE ISSUANCE OF 200,000,000 NEW SIAB SHARES AT THE ISSUE PRICE OF RM0.1300 PER SHARE ("PROPOSED ACQUISITION") (COLLECTIVELY, REFERRED TO AS "PROPOSALS").