CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED ACQUISITION OF A PARCEL OF FREEHOLD LAND MEASURING APPROXIMATELY 23.48 HECTARES LOCATED IN MUKIM KAPAR, DAERAH KLANG, NEGERI SELANGOR ("LAND") BY MBC LOGISTIC HUB SDN BHD (FORMERLY KNOWN AS MBC RETAIL SDN BHD), A SUBSIDIARY OF MBC, FROM KAPAR LAND SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM165 MILLION ("PROPOSED ACQUISITION"); (II) PROPOSED JOINT VENTURE BETWEEN MBC AND GOLDEN VALLEY VENTURES SDN BHD TO JOINTLY ACQUIRE AND DEVELOP THE LAND ("PROPOSED JOINT VENTURE"); AND (III) PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF MBC AND ITS SUBSIDIARIES TO INCLUDE INDUSTRIAL PROPERTY DEVELOPMENT AND INVESTMENT ("PROPOSED DIVERSIFICATION") (COLLECTIVELY, THE "PROPOSALS")