CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO RM112,883,159 NOMINAL VALUE OF 1,411,039,484 FIVE (5)-YEAR, 8.0% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS") AT 100% OF ITS NOMINAL VALUE OF RM0.08 EACH ON THE BASIS OF FOUR (4) RCULS FOR EVERY ONE (1) EXISTING ORDINARY SHARE OF G CAPITAL BERHAD HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER

G CAPITAL BERHAD ("GCAP" OR "THE COMPANY") (1) PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (2) PROPOSED RENEWAL OF SHARE BUY-BACK AUTHORITY TO PURCHASE UP TO TEN PERCENT (10%) OF ITS TOTAL ISSUED SHARES