The Warrants are issued to the entitled shareholders of HCK Capital Group Berhad ("HCK") pursuant to the renounceable rights issue of 210,585,820 warrants in HCK ("Warrant(s))") on the basis of one (1) Warrant for every two (2) ordinary shares in HCK ("HCK Share(s)") held as at 5.00 p.m. on Monday, 28 August 2017 at an issue price of RM0.05 per Warrant ("Rights Issue of Warrants").

Each Warrant carries the entitlement to subscribe for one (1) new HCK Share at the exercise price of RM0.96 and at any time during the exercise period of ten (10) years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants are subject to the adjustments in accordance with the provisions of the deed poll dated 9 August 2017, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.