Share exchange of the entire issued ordinary shares in Central Industrial Corporation Berhad (CICB) with new ordinary shares in Central Global Berhad (CGB) (CGB Share(s)), via a Scheme of Arrangement under Section 366 of the Companies Act 2016 on the basis of 1 new CGB Share for every 1 existing CICB Share held, and CGB was listed on 21 June 2019.