PROPOSED ACQUISITION OF 92 COMMERCIAL UNITS COMPRISING THE GROUND AND FIRST FLOOR WITHIN 46 STRATIFIED 2-STOREY SHOP/OFFICES WITHIN BANDAR TUN RAZAK BUSINESS PARK, 26400 BANDAR TUN ABDUL RAZAK JENGKA, MARAN, PAHANG DARUL MAKMUR ("PROPERTIES"), FOR A TOTAL PURCHASE CONSIDERATION OF RM24,800,000 ("PURCHASE CONSIDERATION'), WHICH WILL BE SATISFIED VIA THE ISSUANCE OF 381,538,461 NEW SHARES IN EASTLAND ("EASTLAND SHARES" OR "SHARES") ("CONSIDERATION SHARES") AT AN ISSUE PRICE OF RM0.065 EACH ("PROPOSED ACQUISITION")

PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF EASTLAND AND ITS SUBSIDIARIES ("EASTLAND GROUP" OR "GROUP") TO INCLUDE RENEWABLE ENERGY AND ENERGY EFFICIENCY RELATED TECHNOLOGY AND BUSINESSES ("ENERGY RELATED BUSINESS") ("PROPOSED DIVERSIFICATION")

PROPOSED SHAREHOLDERS' MANDATE FOR THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE")

PROPOSED CAPITAL REDUCTION EXERCISE TO BE CARRIED OUT BY THE COMPANY, TO REDUCE THE CAPITAL RESERVE ACCOUNT OF THE COMPANY ("PROPOSED CAPITAL RESERVE REDUCTION") AND TO REDUCE THE SHARE CAPITAL OF THE COMPANY PURSUANT TO SECTION 116 OF THE ACT ("PROPOSED SHARE CAPITAL REDUCTION") (PROPOSED CAPITAL RESERVE REDUCTION AND PROPOSED SHARE CAPITAL REDUCTION SHALL COLLECTIVELY REFERRED TO AS THE "PROPOSED CAPITAL REDUCTION")

PROPOSED CHANGE OF NAME OF THE COMPANY FROM "EASTLAND EQUITY BHD." TO "META BRIGHT GROUP BERHAD" ("PROPOSED CHANGE OF NAME")