6 April 2022
Circular to Shareholders in relation to the: Part A (i) Proposed Acquisition of a parcel of freehold land for a purchase consideration of RM60,000,000 to be satisfied entirely in cash; (ii) Proposed Diversification of the existing principal activities of Minetech Resources Berhad ("Minetech") and its subsidiaries to include the business of trading in food and beverage; (iii) Proposed Variation to the utilisation of proceeds arising from the Rights Issue and Private Placement; and Part B (i) Proposed Granting of Options under the Share Issuance Scheme to Mr Loke Kim Meng, a Non-Independent Non-Executive Director of Minetech