INITIAL PUBLIC OFFERING IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD (BURSA SECURITIES) COMPRISING PUBLIC ISSUE OF 104,296,800 NEW ORDINARY SHARES IN OUR COMPANY (SHARES) IN THE FOLLOWING MANNER: (I) 20,291,200 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; (II) 23,132,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS, EMPLOYEES AND BUSINESS ASSOCIATES/PERSONS WHO HAVE CONTRIBUTED TO THE SUCCESS OF OUR GROUP; AND (III) 60,873,600 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE PRICE OF RM0.23 PER SHARE, PAYABLE IN FULL UPON APPLICATION.