PROPOSED DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF PARLO AND ITS SUBSIDIARIES TO INCLUDE MEDICAL DEVICE CONSUMABLES AND HOUSEHOLD CARE PRODUCTS BUSINESS ("PROPOSED DIVERSIFICATION")

PROPOSED PRIVATE PLACEMENT OF UP TO 131,049,900 NEW ORDINARY SHARES IN PARLO, REPRESENTING APPROXIMATELY 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF PARLO ("PROPOSED PRIVATE PLACEMENT")

PROPOSED SPECIAL ISSUE OF UP TO 34,186,600 NEW PARLO SHARES TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/ OR RECOGNISED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY (PROPOSED SPECIAL ISSUE)

PROPOSED FREE WARRANTS ISSUE OF UP TO 301,034,835 FREE WARRANTS ("WARRANT(S)") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING SHARES ("PROPOSED FREE WARRANTS ISSUE")

PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTIONS SCHEME INVOLVING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES, AT ANY POINT IN TIME DURING THE DURATION OF THE SCHEME, FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE GROUP (EXCLUDING ITS DORMANT SUBSIDIARIES) ("PROPOSED ESOS")

PROPOSED GRANTING OF ESOS OPTIONS TO THE DIRECTORS OF PARLO

ORDINARY RESOLUTION 6 - TI LIAN SENG
ORDINARY RESOLUTION 7 - DATUK CHONG LOONG MEN
ORDINARY RESOLUTION 8 - LIM MING CHANG
ORDINARY RESOLUTION 9 - LEOW WEY SENG
ORDINARY RESOLUTION 10 - MD RADZI BIN DIN