CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED REDUCTION OF UP TO RM148.70 MILLION OF THE ISSUED SHARE CAPITAL OF KOMARKCORP PURSUANT TO SECTION 117 OF THE COMPANIES ACT 2016 ("PROPOSED SHARE CAPITAL REDUCTION"); AND (II) PROPOSED VARIATION OF RM23.44 MILLION TO THE UTILISATION OF PROCEEDS PREVIOUSLY RAISED FROM THE RIGHTS ISSUE WITH WARRANTS EXERCISE UNDERTAKEN BY THE COMPANY THAT WAS COMPLETED ON 28 JUNE 2023 ("PROPOSED VARIATION")