Microlink Berhad : • Circular to Shareholders – 29 July 2022

THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION.

Bursa Malaysia Securities Berhad ("Bursa Securities") has not perused this Circular prior to its issuance as it is prescribed as an exempt circular pursuant to Guidance Note 22 of the ACE Market Listing Requirements of Bursa Securities.

Bursa Securities takes no responsibility for the contents of this Circular, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular.

If you are in any doubt as to the course of action to be taken, you should consult your stockbroker, bank manager, solicitor, accountant or other professional adviser immediately.

MICROLINK SOLUTIONS BERHAD

[Registration No. 200301018362 (620782-P)]

(Incorporated in Malaysia)

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE

PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

The ordinary resolution in respect of the above proposal will be tabled at the Nineteenth Annual General Meeting ("19th AGM") of the Company which will be held as a virtual meeting via live streaming broadcast from Redwood Meeting Room, Ho Hup Tower - Aurora Place, 2-09-01- Level 9, Plaza Bukit Jalil, No. 1, Persiaran Jalil 1, Bandar Bukit Jalil, 57000 Kuala Lumpur on Friday, 2 September 2022 at 10.30 a.m.. The Notice of 19th AGM together with the Form of Proxy are set out in the Company's Annual Report 2022.

The Form of Proxy may be submitted electronically via the Portal at https://agm.omesti.com(please refer to Step 3 of the Administrative Guide for the 19th AGM for more details) or by email to [e-mail] by fax to [phone]/1702 or by post to the Registered Office of the Company at Ho Hup Tower - Aurora Place, 2-07-01 - Level 7, Plaza Bukit Jalil, No 1, Persiaran Jalil 1, Bandar Bukit Jalil, 57000 Kuala Lumpur, Malaysia no later than Thursday, 1 September 2022 at

10.30 a.m.. The lodging of the Form of Proxy shall not preclude you from attending, participating, speaking (in the form of real- time submission of typed texts) and voting remotely at the forthcoming 19th AGM, should you subsequently wish to do so.

Please follow the procedures provided in the Administrative Guide for the 19th AGM which is available at our Company's website at www.microlink.com.my.

Last date and time for lodging the Form of Proxy	:	Thursday, 1 September 2022 at 10.30 a.m.
Date and time for 19th AGM	:	Friday, 2 September 2022 at 10.30 a.m.

This Circular is dated 29 July 2022.

DEFINITIONS

Except where the context otherwise requires, the following definitions shall apply throughout and for the purposes of this Circular only:

Act	: The Companies Act 2016 and as may be amended from time to time and any
		re-enactment thereof
AGM	:	Annual General Meeting
Board	: Board of Directors of MSB
Bursa Securities	: Bursa Malaysia Securities Berhad [200301033577 (635998-W)]
Director(s)	: Shall have the same meaning given in Section 2(1) of the Capital Markets
		and Services Act 2007, for the purpose of the Proposed Renewal of Existing
		Shareholders' Mandate, includes any person who is or was within the
		preceding six (6) months of the date on which the terms of the transactions
		were agreed upon, a Director of MSB or any other company which is its
		subsidiary or holding company or a chief executive officer of MSB, its
		subsidiary or holding company
Ho Hup	: Ho Hup Construction Company Berhad [197301000497 (14034-W)]
Ho Hup Group	: Ho Hup and its subsidiary companies
Listing Requirements	: ACE Market Listing Requirements of Bursa Securities including any
		amendment(s) that may be made from time to time
LPD	: 30 June 2022, being the latest practicable date prior to the printing of this
		Circular
Major Shareholder	: means a person who has an interest or interests in one or more voting shares
		in a corporation and the number or aggregate number of those shares, is:
		(a) 10% or more of the total number of voting shares in the corporation;
		or
		(b) 5% or more of the total number of voting shares in the corporation
		where such person is the largest shareholder of the corporation.
		For the purpose of this definition, "interest" shall have the meaning of
		"interest in shares" given in section 8 of the Act, and a Major Shareholder
		includes any person who is or was within the preceding six (6) months of the
		date on which the terms of the transaction were agreed upon, a Major
		Shareholder of MSB as defined under Rule 1.01 or any other corporation
		which is its subsidiary or holding company
MSB or the Company	: Microlink Solutions Berhad [200301018362 (620782-P)]
MSB Group or the Group	: MSB and its subsidiary and associated companies
NA	:	Net Assets
Omesti	: Omesti Berhad [200001028094 (530701-T)]

i

DEFINITIONS (cont'd)

Omesti Group		:	Omesti and its subsidiary companies
Person Connected		:	In relation to any person (referred to as "said Person") means such person
				who falls under any one of the following categories:
				(a)	a family member of the said Person;
				(b)	a trustee of a trust (other than a trustee for a share scheme for
					employees or pension scheme) under which the said Person, or a
					family member of the said Person, is the sole beneficiary;
				(c)	a partner of the said Person;
				(d)	a person, or where the person is a body corporate, the body corporate
					or its directors, who is/are accustomed or under an obligation, whether
					formal or informal, to act in accordance with the directions,
					instructions or wishes of the said Person;
				(e)	a person, or where the person is a body corporate, the body corporate
					or its directors, in accordance with whose directions, instructions or
					wishes the said Person is accustomed or is under an obligation, whether
					formal or informal, to act;
				(f)	a body corporate in which the said Person, or persons connected with
					the said Person are entitled to exercise, or control the exercise of, not
					less than 20% of the votes attached to voting shares in the body
					corporate; or
				(g)	a body corporate which is a related corporation of the said Person.
Proposed	Renewal	of	:	Proposed renewal of existing shareholders' mandate for RRPTs entered into
Existing	Shareholders'		by MSB Group from the date of the forthcoming AGM until the next AGM
Mandate
Related Party(ies)		:	Director(s), Major Shareholder(s) or Person(s) Connected with such
				Director(s) or Major Shareholder(s) as defined therein
Related Party		:	A transaction entered into by the Company or its subsidiaries which involves
Transaction			the interest, direct or indirect, of a Related Party
Recurrent	Related	Party	:	Recurrent Related Party Transactions which are recurrent, of a revenue or
Transactions or RRPTs		trading nature and which are necessary for the day-to-day operations and are
				to be entered into by MSB Group in the ordinary course of business of MSB
				group involving the direct and/or indirect interests of Related Party(ies)
RM and sen		:	Ringgit Malaysia and sen respectively

[The Rest of This Page is Intentionally Left Blank]

ii

CONTENTS

LETTER TO THE SHAREHOLDERS OF MSB IN RELATION TO THE PROPOSED	PAGE
RENEWAL OF EXISTING SHAREHOLDERS' MANDATE
1.	INTRODUCTION	1
2.	DETAILS OF THE PROPOSED RENEWAL OF EXISTING SHAREHOLDERS'	2
	MANDATE
	2.1	The Proposed Renewal of Existing Shareholders' Mandate	2
	2.2	Principal activities of the MSB Group	3
	2.3	Class, nature and estimated aggregate value of the RRPTs	5
	2.4	Amounts due and owing to the MSB Group by the Related Parties pursuant to	7
		RRPTs
3.	RATIONALE AND BENEFITS FOR THE PROPOSED RENEWAL OF EXISTING	7
	SHAREHOLDERS' MANDATE
4.	REVIEW PROCEDURES	8
5.	STATEMENT BY THE AUDIT AND RISK MANAGEMENT COMMITTEE	9
6.	CONDITION FOR THE PROPOSED RENEWAL OF EXISTING SHAREHOLDERS'	9
	MANDATE
7.	FINANCIAL EFFECTS	9
8.	INTERESTS OF THE DIRECTORS, MAJOR SHAREHOLDERS AND PERSON	9
	CONNECTED WITH THEM
9.	BOARD'S RECOMMENDATION	10
10.	AGM		10
11.	FURTHER INFORMATION	10
APPENDIX
I	FURTHER INFORMATION	11
FULL TEXT OF ORDINARY RESOLUTION 9 AS REFERRED TO IN NOTICE OF	ENCLOSED
19TH AGM DATED 29 JULY 2022

[The Rest Of This Page Is Intentionally Left Blank]

iii

MICROLINK SOLUTIONS BERHAD

[Registration No. 200301018362 (620782-P)]

(Incorporated in Malaysia)

Registered Office:

Ho Hup Tower - Aurora Place

2-07-01- Level 7

Plaza Bukit Jalil

No. 1, Persiaran Jalil 1

Bandar Bukit Jalil

57000 Kuala Lumpur

29 July 2022

Board of Directors

YABhg. Tun Arifin Bin Zakaria (Independent Non-Executive Chairman)

YBhg. Dato' Jaganath Derek Steven Sabapathy (Deputy Chairman, Non-IndependentNon-Executive Director)

YABhg. Tan Sri Datuk Seri Mazlan Bin Lazim (Independent Non-ExecutiveDirector)

YABhg. Dato' Seri Mohd Khari Bin Dato' Mat Jahya (Non-IndependentNon-Executive Director) YABhg. Dato' Sri Chee Hong Leong (Independent Non-Executive Director)

Mr Monteiro Gerard Clair (Executive Director)

Mr Tai Keat Chai (Independent Non-Executive Director)

Mr Martin Chu Leong Meng (Independent Non-Executive Director)

Ms Wan Mai Gan (Independent Non-Executive Director)

To: The Shareholders of Microlink Solutions Berhad

Dear Sir / Madam,

PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

1. INTRODUCTION

1.1 At the 18th AGM held on 29 September 2021, the shareholders of the Company approved, inter alia, the shareholders' mandate for the Company and/or its subsidiaries to enter into RRPTs. The said mandate shall, in accordance with the Listing Requirements, expire at the conclusion of the forthcoming 19th AGM of the Company, unless renewal is obtained.

1.2 In connection thereto, the approval for the Proposed

Board of MSB had on 12 July 2022, announced its intention to seek shareholders' Renewal of Existing Shareholders' Mandate.

1