REX: CIRCULAR TO SHAREHOLDERS IN RELATION TO PROPOSED DISPOSAL BY REX CANNING CO SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF REX, OF THE FOLLOWING:- (I) ALL THAT PIECE OF LAND AND HEREDITAMENTS MEASURING 24,377 SQUARE METRES HELD UNDER NO. HAKMILIK PN 6849, LOT 3826, MUKIM 13, DAERAH SEBERANG PERAI TENGAH, NEGERI PULAU PINANG TOGETHER WITH BEVERAGES & CANNING FACTORIES, WAREHOUSES AND A 3-STOREY OFFICE BLOCK ERECTED THEREON BEARING THE ADDRESS PLOT 125, JLN PERINDUSTRIAN BUKIT MINYAK 5, TMN PERINDUSTRIAN BUKIT MINYAK, 14100 SIMPANG AMPAT, SEBERANG PERAI, PULAU PINANG; AND (II) ALL THAT PIECE OF LAND AND HEREDITAMENTS MEASURING 7,051 SQUARE METRES HELD UNDER NO. HAKMILIK PN 10414, LOT 7067, MUKIM 13, DAERAH SEBERANG PERAI TENGAH, NEGERI PULAU PINANG TOGETHER WITH THE BUILDING ERECTED THEREON BEARING THE ADDRESS PLOT 126, JLN PERINDUSTRIAN BUKIT MINYAK 5, TMN PERINDUSTRIAN BUKIT MINYAK, 14100 SIMPANG AMPAT, SEBERANG PERAI, PULAU PINANG FOR A TOTAL DISPOSAL CONSIDERATION OF RM41.80 MILLION VIA CASH