Issuance of 67,271,723 free warrants in Globaltec Formation Berhad ("Globaltec") ("Warrants") on the basis of 1 Warrant for every 4 Consolidated Shares (as defined herein) held on 5.00 p.m., Friday, 14 December 2018 after the consolidation of every 20 ordinary shares in Globaltec ("Globaltec Shares") into 1 ordinary share in Globaltec ("Consolidated Share")