CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: PART A - PROPOSED NEW SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; PART B - (I) PROPOSED ESTABLISHMENT OF A LONG-TERM INCENTIVE PLAN ("LTIP") OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES (EXCLUDING TREASURY SHARES, IF ANY) OF WANG-ZHENG BERHAD ("WZB" OR THE "COMPANY") AT ANY POINT IN TIME DURING THE DURATION OF THE LTIP ("PROPOSED LTIP"); AND (II) PROPOSED ALLOCATION OF AWARDS UNDER THE PROPOSED LTIP TO DIRECTORS OF WZB AND PERSONS CONNECTED WITH THEM PURSUANT TO THE PROPOSED LTIP