PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") (I) PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR"); AND (II) PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF THE PERAK PLANTATION TO FUND THE PROPOSED SCR (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") (I) PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR"); AND (II) PROPOSED VARIATION TO THE UTILISATION OF PROCEEDS FROM THE DISPOSAL OF THE PERAK PLANTATION TO FUND THE PROPOSED SCR ("PROPOSED VARIATION") (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")

PINEHILL PACIFIC BERHAD ("PINEPAC" OR THE "COMPANY") RECEIPT OF AN OFFER FROM ALLGROW CAPITAL HOLDINGS SDN BHD ON THE PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF PINEPAC PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016