Proposed Disposal by BTM Biomass Products Sdn Bhd ("BTMBP"), a wholly-owned subsidiary of BTM Resources Berhad ("BTM" or "Company") of a single-storey wood pellet manufacturing factory building with a gross floor area of 7,520.87 square metres, erected on the land ("Factory Building") to Gimzan Plywood Sdn Bhd ("Gimzan") for a total consideration of RM4.00 million payable by Gimzan to BTM which will be set-off against the settlement sum ("Factory Building Disposal Consideration") pursuant to the terms of the Sale and Purchase Agreement ("SPA") ("Proposed Factory Building Disposal")

Proposed Disposal by BTM Biomass Products Sdn Bhd ("BTMBP") of the Plant, Machinery and Equipment which are installed and equipped within the factory building ("PME") to Gimzan Plywood Sdn Bhd ("Gimzan") for a total consideration of RM0.50 million payable by Gimzan to BTMBP which will be set-off against the settlement sum ("PME Disposal Consideration") pursuant to the terms of the Sale and Purchase Agreement ("SPA") ("Proposed PME Disposal")

Proposed Variation of the Utilisation of Proceeds raised from the rights issue which was completed on 16 January 2023 ("Right Issue") ("Proposed Variation")

Proposed Reduction of RM80,000,000 of issued share capital of the Company pursuant to Section 117 of the Companies Act 2016 ("Act") ("Proposed Share Capital Reduction")