A. Pursuant to the Acquisition by the Company of :-
a) 2 million shares in BP Plastics Sdn Bhd; and
b) 3 shares in BP Packaging Sdn Bhd
to be wholly satisfied by the allotment and issue of totalling 76,556,000 shares in the Company.
B. Pursuant to the Company's Renounceable Right Issue of 34,444,000 shares of RM0.50 each in the Company at an issue price of RM0.50 per new ordinary share.
C. Pursuant to the Offer for Sale of 21.99 million out of 36 Million shares of RM0.50 each reserved for Bumiputera Investors approved by the Ministry of International Trade and Industry.