NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES

## para On behalf of the Board of Directors of Protasco (“Board” or “Directors”), RHB Investment Bank Berhad (“RHB Investment Bank”) wishes to announce that the Company is proposing to undertake the following: ## para (i) Proposed bonus issue of up to 70,782,152 new ordinary shares in Protasco (“Protasco Share”) (“Bonus Share”) on the basis of 1 Bonus Share for every 6 existing Protasco Shares held on the entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue of Shares”); and ## para (ii) Proposed bonus issue of up to 106,173,228 warrants in Protasco (“Warrants”) on the basis of 1 Warrants for every 4 existing Protasco Shares held on the same entitlement date as the Proposed Bonus Issue of Shares (“Proposed Bonus Issue of Warrants”). ## para (collectively referred to as the "Proposals") ## para Please refer to the attachment below for further details of the Proposals. ## para This announcement is dated 17 January 2018. ## para Please refer attachment below.