HI MOBILITY BERHAD ("HI" OR "COMPANY") (I) PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE AND NEW SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("PROPOSED SHAREHOLDERS' MANDATE"); AND (II) PROPOSED SHARE BUY-BACK AUTHORITY FOR THE COMPANY TO PURCHASE OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY ("PROPOSED SHARE BUY-BACK AUTHORITY") (COLLECTIVELY REFERRED TO AS "PROPOSALS")

HI MOBILITY BERHAD ("HI" OR "COMPANY") (I) ACQUISITION OF ACACIA MOTOR SERVICES SDN BHD; (II) ACQUISITION OF HANDAL BCM SDN BHD; AND (III) DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES TO INCLUDE MANUFACTURING, ASSEMBLY PRODUCTION, DISTRIBUTION, SELLING, MAINTENANCE AND REPAIR OF COMMERCIAL MOTOR VEHICLES (COLLECTIVELY REFERRED TO AS "TRANSACTIONS")

HI MOBILITY BERHAD ("HI" OR "COMPANY") (I) PROPOSED ACQUISITION OF ACACIA MOTOR SERVICES SDN BHD; (II) PROPOSED ACQUISITION OF HANDAL BCM SDN BHD; AND (III) PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF THE COMPANY AND ITS SUBSIDIARIES TO INCLUDE MANUFACTURING, ASSEMBLY PRODUCTION, DISTRIBUTION, SELLING, MAINTENANCE AND REPAIR OF COMMERCIAL MOTOR VEHICLES (COLLECTIVELY REFERRED TO AS "PROPOSALS")