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PROPOSED INVESTMENT BASED ON AN INDICATIVE ENTERPRISE VALUE OF RM350.00 MILLION IN SOLARPACK ASIA SDN BHD AND INDIRECTLY IN SOLARPACK SURIA SUNGAI PETANI SDN BHD, THE DEVELOPER, OWNER AND OPERATOR OF A 116 MW OPERATIONAL SOLAR PHOTOVOLTAIC PLANT LOCATED IN SUNGAI PETANI, KEDAH, AWARDED UNDER THE THIRD LARGE-SCALE SOLAR PROGRAMME, ENTAILING THE INDICATIVE CONSIDERATION OF RM91.00 MILLION PAYABLE BY OCK GROUP BERHAD FOR THE SUBSCRIPTION OF OCK'S RPS AND THE LOAN NOVATION BASED ON THE SAID ENTERPRISE VALUE AND SUBJECT TO WORKING CAPITAL, DEBT AND CASH AND CASH EQUIVALENTS ADJUSTMENTS TO BE DETERMINED AT CLOSING ("PROPOSED INVESTMENT")
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