PROPOSED DISPOSALS BY THE SUBSIDIARIES AND JOINT VENTURE COMPANY OF IGB OF MENARA IGB & IGB ANNEXE, CENTREPOINT SOUTH, CENTREPOINT NORTH AND BOULEVARD PROPERTIES, GARDENS SOUTH TOWER, GARDENS NORTH TOWER, SOUTHPOINT PROPERTIES, MENARA TAN & TAN, GTOWER AND HAMPSHIRE PLACE OFFICE TO IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST ("IGB COMMERCIAL REIT"), A REAL ESTATE INVESTMENT TRUST ESTABLISHED BY IGB, THE SPONSOR, FOR A TOTAL DISPOSAL CONSIDERATION OF RM3,160.5 MILLION TO BE SATISFIED VIA THE PROPOSED ISSUANCE OF 2,307.3 MILLION UNDIVIDED INTEREST IN IGB COMMERCIAL REIT ("CONSIDERATION UNITS" OR "UNITS") AND THE BALANCE VIA CASH

PROPOSED OFFERING OF CONSIDERATION UNITS COMPRISING THE PROPOSED RESTRICTED OFFERING OF UP TO APPROXIMATELY 945.0 MILLION UNITS TO THE SHAREHOLDERS WHOSE NAMES APPEAR ON THE RECORD OF DEPOSITORS AT THE CLOSE OF BUSINESS ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER BY THE BOARD AND PROPOSED OFFERING OF AT LEAST 282.0 MILLION UNITS TO INSTITUTIONAL INVESTORS AND SELECTED INVESTORS

PROPOSED LISTING OF AND QUOTATION FOR 2,307.3 MILLION UNITS ON THE MAIN MARKET OF BURSA SECURITIES