PUC

0.055

PUC BERHAD

Type of Meeting	Extraordinary
Indicator	Notice of Meeting
Description	Notice of Extraordinary General Meeting
Date of Meeting	19 Feb 2020
Time	10:30 AM

Venue(s)

Quill Convention Centre, Room 603,

Level 6, Quill City Mall Kuala Lumpur,

1018, Jalan Sultan Ismail, 50250 Kuala Lumpur

Malaysia

Date of General Meeting Record of Depositors

13 Feb 2020

Resolutions

1. SPECIAL RESOLUTION 1
Description	PROPOSED CONSOLIDATION OF EVERY 5 ORDINARY SHARES IN PUC ("PUC SHARES") INTO 1 PUC SHARE ("PROPOSED SHARE CONSOLIDATION")
Shareholder’s Action	For Voting

2. ORDINARY RESOLUTION 1
Description	PROPOSED ACQUISITION BY PUC OF 12,336,288 ORDINARY SHARES IN PICTUREWORKS HOLDINGS SDN. BHD. ("PWHSB"), REPRESENTING 67% EQUITY INTEREST IN PWHSB FOR A TOTAL PURCHASE CONSIDERATION OF RM142.04 MILLION ("PROPOSED ACQUISITION")
Shareholder’s Action	For Voting

3. ORDINARY RESOLUTION 2
Description	PROPOSED PRIVATE PLACEMENT OF UP TO 166,601,600 NEW PUC SHARES, REPRESENTING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF PUC, TO INDEPENDENT THIRD-PARTY INVESTORS TO BE IDENTIFIED LATER AT AN ISSUE PRICE TO BE DETERMINED LATER ("PROPOSED 30% PRIVATE PLACEMENT")
Shareholder’s Action	For Voting

Please refer attachment below.