PROPOSED ACQUISITION OF 500,000 ORDINARY SHARES OF RM1.00 EACH IN BANDA INDUSTRIES SDN BHD (“BISB”) REPRESENTING THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF BISB FOR A CASH CONSIDERATION OF RM5,000,000 (“PROPOSED ACQUISITION”)

PART B

INDEPENDENT ADVICE LETTER TO THE MINORITY SHAREHOLDERS OF GSB IN RELATION TO THE PROPOSED ACQUISITION

Independent Adviser