Circular/Statement to Shareholders in relation to the: Part A - Proposed Renewal of Shareholders' Mandate and New Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and Part B - Proposed Share Buy-Back Authority.

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: PART A - (I) PROPOSED ACQUISITION OF ACACIA; (II) PROPOSED ACQUISITION OF HBCM; AND (III) PROPOSED DIVERSIFICATION (COLLECTIVELY REFERRED TO AS "PROPOSALS") PART B - INDEPENDENT ADVICE LETTER FROM KENANGA INVESTMENT BANK BERHAD TO THE NON-INTERESTED SHAREHOLDERS OF HI MOBILITY BERHAD IN RELATION TO THE PROPOSALS PART C - (I) PROPOSED SHAREHOLDERS' RATIFICATION; AND (II) PROPOSED NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE AND/OR TRADING NATURE