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2. Issuance of up to 67,271,723 free warrants in Globaltec Formation Berhad ("Globaltec") ("Warrants") on the basis of 1 Warrant for every 4 consolidated shares (as defined herein) after the consolidation of every 20 ordinary shares in Globaltec into 1 ordinary share in Globaltec ("Consolidated Share") ("Free Warrants Issue").