"THAT subject always to the approval of all the relevant regulatory bodies being obtained, the Directors be and are hereby authorised, pursuant to Section 132D of the Companies Act 1965, to allot and issue shares in the Company at any time until the conclusion of the next AGM and upon such terms and conditions and for such purposes as the Directors may, in their absolute discretion, deem fit provided that the aggregate number of shares to be issued does not exceed 10 per centum of the issued share capital of the Company for the time being."

"THAT, subject to the approvals of the relevant authorities and Warrant Holders, the proposed extension of the duration and exercise period of Reliance Pacific Berhad's outstanding warrants for a further period of three (3) years, thereby extending the expiry date of warrants from 14 April 2000 up to 13 April 2003 and thereafter an option to extend the exercise period for a further period of one (1) year expiring on 13 April 2004 with a final option to extend the exercise period by one (1) year expiring on 13 April 2005 be and is hereby approved and that the Directors' be and are hereby authorised to give effect to the various arrangements and/or transactions relating to the Proposed Extension with full power to assent to any conditions, modifications, amendments and/or variations as may be imposed by the relevant authorities and to execute all relevant and necessary documents in relation thereto to give effect to the Proposed Extension."

Proposed Extension of the duration and exercise period ("exercise period") of Reliance Pacific Berhad's outstanding warrants for a further three (3) years from 14 April 2000 up to and including 13 April 2003 and thereafter an option to extend the exercise period for a further period of one (1) year expiring on 13 April 2004 with a final option to extend the exercise period by one (1) year expiring on 13 April 2005 ("Proposed Extension")

"THAT, subject to the approvals of the relevant authorities and Shareholders, the proposed extension of the duration and exercise period of Reliance Pacific Berhad's outstanding warrants for a further period of three (3) years, thereby extending the expiry date of warrants from 14 April 2000 up to 13 April 2003 and thereafter an option to extend the exercise period for a further period of one (1) year expiring on 13 April 2004 with a final option to extend the exercise period by one (1) year expiring on 13 April 2005 be and is hereby approved and that the Directors' be and are hereby authorised to give effect to the various arrangements and/or transactions relating to the Proposed Extension with full power to assent to any conditions, modifications, amendments and/or variations as may be imposed by the relevant authorities and to execute all relevant and necessary documents in relation thereto to give effect to the Proposed Extension."