CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,095,106,469 NEW IRREDEEMABLE CONVERTIBLE PREFERENCE SHARES (“ICPS”) (“RIGHTS ICPS”) IN NOVA MSC BERHAD (“NOVAMSC”) AT THE ISSUE PRICE OF RM0.01 PER RIGHTS ICPS ON THE BASIS OF 8 RIGHTS ICPS FOR EVERY 3 EXISTING ORDINARY SHARES IN NOVAMSC HELD ON AN ENTITLEMENT DATE TO BE DETERMINED LATER; (II) PROPOSED PLACEMENT OF 420,000,000 NEW ICPS (“PLACEMENT ICPS”) AT THE ISSUE PRICE OF RM0.01 PER PLACEMENT ICPS; AND (III) PROPOSED AMENDMENTS TO THE CONSTITUTION OF NOVAMSC