ENTRY DOCUMENT Mighaglm is the director and shareholder of m Sdn Bhd. m Sdn mm is a microphone manufacturer located in m Kedah. The company, which has been in existence for nearly twenty years, is now facing some serious business problems. Michael Mwas depressed and emailed the Company Secretary, Ms W The email from Michael mm the company secretary is presented below: Fmm:michaelphuah@micphsdnbhd.GOm To: vinncythesecretary@vts.com Subject: Discussion 6!? Dear m I hope you're doing well. Please accept my apologies for not communicating with you for a long time. I've been quite busy recently. Right now, our company is experiencing serious problems. A recent conversation with several of the company's major shareholders addressed a few topics. First, Mr Saleh expressed a desire to migrate and settle in another country, while Mr Selvam intended to sell his stake. Second, the company's revenue is dehlining while its debt is increasing. As a result, the company is having serious difculties repaying the debt. We decided to close this business after much deliberation, despite the fact that it was a difcult and unexpected decision. We don't see any other options to settle our company's problems. We are aware that some shareholders might oppose to this idea. We would like to go to the SSM Alp; momce and request for the company name be removed. We believe the procedure is not complicated and it should be simple. Before that, we intend to appoint Mr Arumugam to oversee the process of liquidation m of the company's assets. He is qualied for the job because he is a former bank officer with extensive experience. For the record, he is uncle of our director, Mr Selvam. This will make the liquidation process easier, and the company's creditors do not have to worry. By following the steps outlined above, we can strike off the company name and settle the debt on the same time. We believe the procedures mentioned are correct. If not, please tell us more so that we can proceed to the next step. I'm going to Penang early of July. If possible, can we meet at KFC, Won 6'11 July to discuss about this? I really need your advice. I'd appreciate if you could prepare a brief report about this matter so that I can better comprehend the discussion and then distribute the report to the board of directors. Really hope to see you. Regards, Wm. Michael m Director M Sdn 31151, Lot 55, Jalan 1951mm, Kawasan Perindustrian mg Jaya, 06000 Jim Kedah, MALAYSIA Tel: +604 91'? 7755, Fax: +604 91? 575