GLXT: CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED ACQUISITION OF 3,500,000 ORDINARY SHARES REPRESENTING 70.0% EQUITY INTEREST IN POWERTECS SYSTEM SDN BHD FROM CHEN SONG WIE AND NG CHUEE CHOO FOR A PURCHASE CONSIDERATION OF RM4,200,000 TO BE SATISFIED VIA A COMBINATION OF CASH AND ISSUANCE OF NEW ORDINARY SHARES IN GLOSTREXT; AND (II) PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF GLOSTREXT AND ITS SUBSIDIARIES TO INCLUDE TRADING OF ELECTRICAL APPLIANCES, GENERATORS, ALTERNATORS AND OTHER RELATED PRODUCTS (COLLECTIVELY, REFERRED TO AS “PROPOSALS”)

GLXT：致股東的通函，涉及：（I）擬以4,200,000令吉的收購對價爲4,200,000令吉的收購對價爲4,200,000令吉收購POWERTECS SYSTEM SDN BHD的3,500,000股普通股，相當於POWERTECS SYSTEM SDN BHD的70.0％股權；以及（II）提議分散GLOSTREXT及其子公司的現有主要業務，包括電器貿易，發電機、交流發電機和其他相關產品（統稱爲”提案”）