(A) Proposed Allotment And Issue Of 67,500,000 New Ordinary Shares In The Capital Of The Company At The Placement Price Of S$0.005 For Each Share To Mr Philip Eng Heng Nee, Mr Gerald Mah Kah On, Mr Tham Khai Wor And Mr Jimmy Ong Ghim Chwee (B) Proposed Allotment And Issue Of 30,000,000 New Ordinary Shares In The Capital Of The Company At The Placement Price Of S$0.005 For Each Share To Selected Employees Of The Group; And (C) The Proposed Renounceable Non-Underwritten Rights Issue Of Up To 1,585,881,672 New Ordinary Shares In The Capital Of The Company (The "Rights Shares"), At An Issue Price Of S$0.005 For Each Rights Share, With Up To 6,343,526,688 Free Detachable Warrants (The "Warrants"), Each Warrant Carrying The Right To Subscribe For One (1) New Ordinary Share In The Capital Of The Company (The "New Share") At An Exercise Price Of S$0.005 For Each New Share On The Basis Of One (1) Rights Share With Four (4) Warrants For Every Three (3) Existing Ordinary Shares Of The Company Held By Entitled Shareholders (As Defined Below) As At The Books Closure Date (As Defined Herein), Fractional Entitlements To Be Disregarded