Wong Engineering Berhad : Notice of EGM & Admin Guide 2021

WONG ENGINEERING CORPORATION BERHAD

(Registration No. 199601037606 (409959-W))

(Incorporated in Malaysia)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting ("EGM") of Wong Engineering Corporation Berhad ("WECB" or the "Company") will be held on a fully virtual basis through live streaming and online remote meeting platform of TIIH Online provided by Tricor Investor & Issuing House Services Sdn Bhd via its website at https://tiih.online or https://tiih.com.my (Domain Registration No. with MYNIC - D1A282781) on Wednesday, 20 October 2021 at 10.00 a.m., at any adjournment thereof, for the purpose of considering and if thought fit, passing with or without modifications the following resolution:-

ORDINARY RESOLUTION

PROPOSED BONUS ISSUE OF UP TO 151,285,190 NEW ORDINARY SHARES IN WECB ("WECB SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 6 BONUS SHARES FOR EVERY 5 EXISTING WECB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("PROPOSED BONUS ISSUE OF SHARES")

"THAT subject to the approvals of all relevant authorities or parties, authority be and is hereby given to the Board of Directors of WECB ("Board") to issue up to 151,285,190 Bonus Shares in the share capital of the Company credited to the entitled shareholders whose names appear in the Record of Depositors as at the close of business on an entitlement date to be determined and announced later by the Board on the basis of 6 Bonus Shares for every 5 existing WECB Shares held;

THAT the Bonus Shares will, upon allotment and issuance, rank equally in all respects with the existing Shares. However, the Bonus Shares will not be entitled to any dividends, rights, allotments and/ or any other forms of distribution where the entitlement date of such dividends, rights, allotments and/ or any other forms of distribution precedes the relevant date of allotment and issuance of the Bonus Shares;

AND THAT the Board be and is hereby authorised to sign and execute all documents, do all acts, deeds and things as may be required to give effect to and to complete the Proposed Bonus Issue of Shares with full power to assent to any conditions, variations, modifications and/ or amendments in any manner as may be required or permitted by any relevant authorities and to deal with all matters relating thereto and to take all such steps and do all acts, deeds and things for and on behalf of the Company in any manner as they may deem fit or necessary or expedient to implement, finalise and give full effect to the Proposed Bonus Issue of Shares."

By Order of the Board

TAI YIT CHAN (MAICSA 7009143) (SSM PC NO. 202008001023)

ONG TZE-EN (MAICSA 7026537) (SSM PC No. 202008003397)

LAU YOKE LENG (MAICSA 7034778) (SSM PC NO. 202008003367)

Joint Company Secretaries

Penang

4 October 2021

Notes:-

*1

*2

In light of the COVID-19 pandemic, the EGM of the Company will be conducted entirely on a virtual basis through live streaming and online remote voting via Remote Participation and Voting ("RPV") facilities. The Company has appointed Tricor Investor & Issuing House Services Sdn. Bhd. as the Poll Administrator for the EGM to facilitate the

RPV via TIIH Online website at https://tiih.online. The procedures for members to register, participate and vote remotely via the RPV facilities are provided in the Administrative Guide for the EGM. According to the Revised Guidance Note and FAQs, an online meeting platform can be recognised as the meeting venue or place under Section 327(2) of the Act provided that the online platform is located in Malaysia. A proxy must be of full age.

A proxy may but need not be a member. For a proxy to be valid, the Proxy Form duly completed must be deposited at the Registered Office of the Company, 170-09-01, Livingston Tower, Jalan Argyll, 10050 George Town, Pulau Pinang, Malaysia.

Alternatively, the Proxy Form may also be electronically submitted via TIIH Online website at https://tiih.online. Please refer to the Administrative Guide for further information on electronic submission not less than forty-eight (48) hours before the time for holding the meeting PROVIDED that in the event the member(s) duly executes the proxy form but does not name any proxy, such member(s) shall be deemed to have appointed the Chairman of the meeting as his/their proxy, Provided Always that the rest of the Proxy Form, other than the particulars of the proxy have been duly completed by the member(s).

Where a member of the Company is an authorised nominee as defined under the Securities Industry (Central Depositories) Act, 1991 ("SICDA"), it may appoint not more than two (2) proxies in respect of each securities account it holds with ordinary shares of the Company standing to the credit of the said securities account.

*3

*4

Where a member is an Exempt Authorised Nominee which holds ordinary shares in the Company for multiple beneficial owners in one (1) securities account ("omnibus account"), there is no limit to the number of proxies which the Exempt Authorised Nominee may appoint in respect of each omnibus account it holds. An Exempt Authorised Nominee refers to an authorised nominee defined under the SICDA which is exempted from compliance with the provisions of subsection 25A(1) of SICDA.

If the appointer is a corporation the Proxy Form must be executed under the corporation's common seal or under the hand of an officer or attorney duly authorised.

*5	Authorised representatives of corporate members or attorneys must deposit their original certificate of appointment of
	authorised representative or power of attorney to Tricor before the time appointed for holding the EGM for the
	appointment to be valid for the purpose of attending the EGM.
*6	For purpose of determining who shall be entitled to attend this meeting, the Company shall be requesting Bursa
	Malaysia Depository Sdn. Bhd. To make available to the Company, a Record of Depositors ("ROD") as at 12 October
	2021 and only a Depositor whose name appears on such ROD shall be eligible to attend this meeting or appoint
	proxy to attend and/or vote on his/her behalf.

ADMINISTRATIVE NOTES FOR THE CONDUCT OF THE EXTRAORDINARY GENERAL MEETING ("EGM")

1. DATE, TIME AND VENUE OF EGM

Date	: Wednesday, 20 October 2021
Time	:	10.00 a.m.
Online	Meeting :	TIIH Online website at https://tiih.online
Platform

1. MODE OF MEETING
   As a precautionary measure in light of the COVID-19 pandemic, the EGM of the Company will be conducted fully virtual through live streaming from the online meeting platform and online remote voting via the Remote Participation and Voting Facilities ("RPV").
2. REMOTE PARTICIPATION AND VOTING FACILITIES ("RPV")
   Shareholders are to participate, communicate by posing questions to the Board via real time submission of typed texts and vote remotely at the EGM using the RPV provided by Tricor Investor & Issuing House Services Sdn. Bhd. ("Tricor") via its TIIH Online website at https://tiih.online.

Shareholders who appoint proxies to participate via RPV at the EGM must ensure that the duly executed proxy forms are deposited either in a hard copy form by hand or post to the Registered Office of the Company, at 170-09-01, Livingston Tower, Jalan Argyll, 10050 George Town, Pulau Pinang, Malaysia; or by electronic means to Tricor Online website at https://tiih.online no later than

Monday, 18 October 2021 at 10.00 a.m..

Authorised representatives of corporate members or attorneys must deposit their original certificate of appointment of authorised representative or power of attorney to Tricor before the time appointed for holding the EGM for the appointment to be valid for the purpose of attending the EGM.

A shareholder who has appointed a proxy or attorney or authorised representative to participate at the EGM via RPV must request his/her proxy or attorney or authorised representative to register himself/herself for RPV at TIIH Online website at https://tiih.online.

As the EGM is a fully virtual, members who are unable to participate at the EGM may appoint the Chairman of the meeting as his/her proxy and indicate the voting instructions in the proxy form.

4. PROCEDURES FOR RPV FACILITIES

Shareholders/proxies/authorised representatives/attorneys who wish to participate at the EGM remotely using the RPV are to follow the requirements and procedures as summarized below:-

	Procedure		Action
BEFORE THE EGM
a.	Register as a		∙	Using your computer or smartphone, access the website at
	user with TIIH			https://tiih.online. Register as a user under the "e-Services", select the
	Online				"Sign Up" button and followed by "Create Account by Individual Holder".
					Refer to the tutorial guide posted on the homepage for assistance.
				∙ Registration as a user will be approved within one (1) working day and you
					will be notified via e-mail.
				∙	If you are already a user with TIIH Online, you are not required to register
					again. You will receive an e-mail to notify you that the remote participation
					is available for registration at TIIH Online.
b.	Submit	your		∙	Registration is open from Monday, 4 October 2021 until the day of the EGM
	Request				on Wednesday, 20 October 2021. Shareholder(s) or proxy(ies) or
					corporate representative(s) or attorney(s) are required to pre-register their
					attendance for the EGM to ascertain their eligibility to participate the EGM
				∙	using the RPV.
				Login with your user ID and password and select the corporate event:
					"(REGISTRATION) WEC EGM 2021".
				∙ Read and agree to the Terms & Conditions and confirm the Declaration.
				∙ Select "Register for Remote Participation and Voting".
				∙ Review your registration and proceed to register.
				∙	System will send an e-mail to notify that your registration for remote
					participation is received and will be verified.
				∙	After verification of your registration against the General Meeting Record of
					Depositors as at 12 October 2021, the system will send you an e-mail on or
					after 18 October 2021 to approve or reject your registration for remote
					participation.
					(Note: Please allow sufficient time for approval of new user of TIIH
					Online and registration for RPV.)
ON THE DAY OF THE EGM
c.	Login to			∙	Login with your user ID and password for remote participation at the EGM
	TIIH Online			at any time from 9.00 a.m., i.e. 1 hour before the commencement of the
					EGM on Wednesday, 20 October 2021 at 10.00 a.m..
d.	Participate		• Select the corporate event: "(LIVE STREAM MEETING) WEC EGM 2021"
	through Live			to engage in the proceedings of the EGM remotely.
	Streaming		• If you have any question for the Chairman/Board, you may use the query
					box to transmit your question. The Chairman/Board will endeavor to respond
					to relevant questions submitted by remote participants during the EGM.
e.	Online			• Voting session commences from 10.00 a.m. on Wednesday, 20 October
	Remote				2021 until a time when the Chairman announces the completion of the voting
	Voting				session of the EGM.
				•	Select the corporate event: "(REMOTE VOTING) WEC EGM 2021".
				•	Read and agree to the Terms & Conditions and confirm the Declaration.
				•	Select the CDS account that represents your shareholdings.
				•	Indicate your votes for the resolutions that are tabled for voting.
				•	Confirm and submit your votes.
f.	End	of		•	Upon the announcement by the Chairman on the closure of the EGM, the
	remote				live streaming will end.
	participation

Notes to users of the RPV:

1. Should your application to join the meeting be approved, we will make available to you the rights to join the live streaming meeting and to vote remotely. Your login to TIIH Online on the day of meeting will indicate your presence at the virtual meeting.
2. The quality of your connection to the live broadcast is dependent on the bandwidth and stability of the internet at your location and the device you use.
3. In the event you encounter any issues with logging-in, connection to the live streaming meeting or online voting, kindly call Tricor Help Line at 011-40805616/011-40803168/011-40803169/011-40803170 or e-mail to [e-mail] for assistance.

5. ELECTRONIC LODGEMENT OF PROXY FORM

The procedures to lodge your proxy form electronically via Tricor's TIIH Online website are summarised below: -

	Procedure	Action
i.	Step for Individual Shareholders
a.	Register as a	∙	Using your computer or smartphone, please access the website at
	User with TIIH		https://tiih.online. Register as a user under the "e-Services" by selecting
	Online		"Create Account by Individual Holders". Please do refer to the tutorial
			guide posted on the homepage for assistance.
		∙ If you are already a user with TIIH Online, you are not required to register
			again.
b.	Proceed with	∙	After the release of the Notice of Meeting by the Company, login with
	submission	∙	your username (i.e. email address) and password.
	of Proxy Form	Select the corporate event: "WEC EGM 2021 - SUBMISSION OF
			PROXY FORM".
		∙ Read and agree to the Terms & Conditions and confirm the Declaration.
		∙ Insert your CDS account number and indicate the number of shares for
			your proxy(ies) to vote on your behalf.
		∙ Appoint your proxy(ies) and insert the required details of your proxy(ies)
		∙	or appoint the Chairman as your proxy.
		Indicate your voting instructions - FOR or AGAINST, otherwise your
			proxy will decide your vote.
		∙ Review and confirm your proxy(ies) appointment.
		∙ Print proxy form for your record.
ii.	Step for Corporate or Institutional Shareholders
a.	Register as a	∙	Access TIIH Online at https://tiih.online.
	User with TIIH	∙	Under e-Services, the authorised or nominated representative of the
	Online		corporation or institutional shareholder selects the "Sign Up" button and
			followed by "Create Account by Representative of Corporate Holder".
		∙ Complete the registration form and upload the required documents.
		∙ Registration will be verified, and you will be notified by email within one
			(1) to two (2) working days.
		∙ Proceed to activate your account with the temporary password given in
			the email and re-set your own password.
		∙	(Note:The representative of a corporation or institutional shareholder
			must register as a user in accordance with the above steps before he/she
			can subscribe to this corporate holder electronic proxy submission.
			Please contact our Poll Administrator if you need clarifications on the
			user registration.)
b.	Proceed with	∙	Login to TIIH Online at https://tiih.online.
	submission of	∙	Select the corporate event: "WEC EGM 2021 - SUBMISSION OF
	Proxy Form		PROXY FORM".
		∙ Agree to the Terms & Conditions and Declaration.