10 June 2025
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF HEITECH PADU BERHAD ("HEITECH") AND OUR SUBSIDIARIES TO INCLUDE THE BUSINESS OF DEVELOPMENT, OWNERSHIP, OPERATION AND MAINTENANCE OF RENEWABLE ENERGY POWER PLANT AS WELL AS RELATED ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING SERVICES IN RELATION TO ENERGY SOLUTIONS; (II) PROPOSED BONUS ISSUE OF 27,836,955 NEW ORDINARY SHARES IN HEITECH ("SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 4 EXISTING SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE"); AND (III) PROPOSED PRIVATE PLACEMENT OF UP TO 27,836,955 NEW SHARES, REPRESENTING UP TO 20% OF OUR ENLARGED TOTAL NUMBER OF ISSUED SHARES AFTER THE COMPLETION OF THE PROPOSED BONUS ISSUE