1) 22,535,009 shares allotted as consideration for the acquisition by MAGNI of the entire equity interest in South Island Garment Sdn Bhd from Dewangsa Holdings Sdn Bhd ("DHSB"), a 60% owned subsidiary of Berjaya Soutex Sdn Bhd ("Proposed Acquisition")
2) 664,877 shares allotted as full settlement of the amount owing to Berjaya Soutex Sdn Bhd which forms part of the Proposed Acquisition