VISDYNAMICS HOLDINGS BERHAD PROPOSED 1 FOR 2 BONUS ISSUE

VISDYNAMICS HOLDINGS BERHAD (“VHB” OR THE “COMPANY”)

PROPOSED BONUS ISSUE OF UP TO 33,565,100 ORDINARY SHARES OF RM0.10 EACH IN VHB (“VHB SHARE(S)” OR “SHARE(S)”) (“BONUS SHARE(S)”) ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING VHB SHARES HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE”); AND

PROPOSED ISSUANCE OF UP TO 50,347,650 FREE WARRANTS IN VHB (“WARRANT(S)”) ON THE BASIS OF ONE (1) FREE WARRANT FOR EVERY TWO (2) VHB SHARES HELD AFTER THE COMPLETION OF THE PROPOSED BONUS ISSUE (“PROPOSED FREE WARRANTS ISSUE”)

(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)