PROPOSED DISPOSAL BY ANCOM LOGISTICS BERHAD (“ALB” OR “COMPANY”) OF ITS ENTIRE EQUITY INTEREST IN THE FOLLOWING: (I) ANCOM ELECTRICAL (MALAYSIA) SDN BHD (“AEM”); AND (II) ANCOM SYSTEMS (SINGAPORE) PTE LTD (“ASS”) AND ITS WHOLLY-OWNED SUBSIDIARIES, NAMELY ANCOM ELECTRICAL & ENVIRONMENTAL (SINGAPORE) PTE LTD (“AEE”), ANCOM ELECTRICAL (HONG KONG) LIMITED (“AEH”) AND ANCOM ELECTRICAL (GUANGZHOU) LIMITED (“AEG”) (COLLECTIVELY REFERRED AS “ASS GROUP”) TO KHIND HOLDINGS BERHAD (“KHB” OR “PURCHASER”) FOR A CASH CONSIDERATION OF RM8,000,000 (COLLECTIVELY REFERRED TO AS THE “PROPOSED DISPOSALS”)