CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY AG AVENUE SDN. BHD., A WHOLLY-OWNED INDIRECT SUBSIDIARY OF ALCOM GROUP BERHAD, OF 2 PARCELS OF CONTIGUOUS LEASEHOLD VACANT COMMERCIAL LAND HELD UNDER THE LAND TITLE NO. PM 416, LOT 31632 AND PM 417, LOT 31633, BOTH OF WHICH ARE LOCATED IN MUKIM KAPAR, TEMPAT BUKIT RAJA, DAERAH KLANG, NEGERI SELANGOR, FOR A TOTAL CASH CONSIDERATION OF RM56,000,000 ("PROPOSED ACQUISITION")

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED ACQUISITION BY AG AVENUE SDN. BHD., A WHOLLY-OWNED INDIRECT SUBSIDIARY OF ALCOM GROUP BERHAD, OF 2 PARCELS OF CONTIGUOUS LEASEHOLD VACANT COMMERCIAL LAND HELD UNDER THE LAND TITLE NO. PM 416, LOT 31632 AND PM 417, LOT 31633, BOTH OF WHICH ARE LOCATED IN MUKIM KAPAR, TEMPAT BUKIT RAJA, DAERAH KLANG, NEGERI SELANGOR, FOR A TOTAL CASH CONSIDERATION OF RM56,000,000 ("PROPOSED ACQUISITION") [ALCOM]