Proposed Renounceable Rights Issue of up to 243,600,000 new Ordinary Shares in TCS ("TCS Shares" or "Shares") ("Rights Shares") at an issue price of RM0.12 per Rights Share on the basis of two Rights Shares for every five existing TCS shares held by the Ordinary Shareholders of TCS as at the close of business on an entitlement date to be determined and announced later by the Board of Directors of TCS, together with up to 146,160,000 free detachable warrants in the Company ("Warrants B") on the basis of three Warrants B for every five Rights Shares subscribed for ("Proposed Rights Issue with Warrants")

Proposed Exemption under Subparagraph 4.08(1)(b) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by the Securities Commission Malaysia to Dato Ir. Tee Chai Seng and person acting in concert with him, from the obligation to undertake a mandatory offer for the remaining TCS shares and Warrants B not already owned by under the Proposed Rights Issue with Warrants ("Proposed Exemption")