TANCO HOLDINGS BERHAD ("TANCO" OR THE "COMPANY") TERM SHEET ("TERM SHEET") BETWEEN TANCO AND PERTUBUHAN KESELAMATAN SOSIAL ("PERKESO") FOR THE SUBSCRIPTION IN FULL OF 100,000,000 REDEEMABLE PREFERENCE SHARES ("RPS") IN THE COMPANY AT RM1.00 EACH FOR RM100 MILLION ("PROPOSED RPS SUBSCRIPTION")

TANCO HOLDINGS BERHAD ("TANCO" OR THE "COMPANY") PROPOSED ACQUISITION BY PALM SPRINGS RESORT MANAGEMENT BERHAD ("PSRMB"), A SUBSIDIARY INDIRECTLY OWNED BY TANCO OF 250,500 ORDINARY SHARES IN GPLEX PROPERTIES SDN BHD ("GPSB"), REPRESENTING 50.1% OF THE ENTIRE EQUITY INTEREST IN GPSB FROM GOOGOLPLEX HOLDINGS BERHAD ("GHB" OR "VENDOR") FOR A TOTAL PURCHASE CONSIDERATION OF RM20,000,000 TO BE FULLY SATISFIED VIA CASH ("PROPOSED ACQUISITION")

TANCO HOLDINGS BERHAD ("Tanco" or "the Company") Banking Facilities totaling RM77 million ("the Facility") from Bank Kerjasama Rakyat Malaysia Berhad ("the Bank") - Proposed Full and Final Settlement

TANCO HOLDINGS BERHAD ("TANCO" OR THE "COMPANY") PROPOSED ACQUISITION BY PALM SPRINGS RESORT MANAGEMENT BERHAD ("PSRMB"), A SUBSIDIARY INDIRECTLY OWNED BY TANCO OF 250,500 ORDINARY SHARES IN GPLEX PROPERTIES SDN BHD ("GPSB"), REPRESENTING 50.1% OF THE ENTIRE EQUITY INTEREST IN GPSB FROM GOOGOLPLEX HOLDINGS BERHAD ("GHB" OR "VENDOR") FOR A TOTAL PURCHASE CONSIDERATION OF RM20,000,000 TO BE FULLY SATISFIED VIA CASH ("PROPOSED ACQUISITION")