1. Conversion of 160,000,000 Redeemable Convertible Cumulative Preference Shares by Scomi Group Bhd ("SGB") into ordinary shares.
2. SHZ is deemed to have direct and indirect interest through its shareholding in Scomi Group Bhd which owns 42.71% of shareholding in Scomi Marine Bhd (formerly known as Habib Corporation Berhad) by virtue of Section 6A of the Companies Act, 1965.