PROCEDURES FOR CONVERSION OF WARRANTS

1 PROCEDURES FOR CONVERSION OF WARRANTS . STOCK NAME : DESTINI-WA. STOCK CODE : 7212WA. IMPORTANT RELEVANT DATES. Last date and time for trading of WARRANTS 2013/2016 : Tuesday, 13 September 2016 at Last date and time for suspension of trading of WARRANTS Wednesday, 14 September 2016 at 2013/2016 : Last date and time of exercise of WARRANTS 2013/2016 : Friday, 30 September 2016 at Date and time of expiry of WARRANTS 2013/2016 : Friday, 30 September 2016 at Date and time for de-listing of WARRANTS 2013/2016 : Tuesday, 4 October 2016 at EXERCISE OF EXERCISE RIGHTS. If you are a warrant Holder and wish to exercise your Exercise Rights, you should: (i) Complete and execute the Exercise Form. A copy of the Exercise Form can be obtained from the Company's Share Registrar, Insurban Corporate Services Sdn. Bhd. at 149, Jalan Aminuddin Baki, Taman Tun Dr Ismail, 60000 Kuala Lumpur or download from Destini Berhad's Investor Relations website; and (ii) Deliver and to reach the Company's Share Registrar the following documents not later than on Friday, 30 September 2016 ( Expiry Date ): (a) The duly completed and signed Exercise Form.

2 (b) Remittance for the full Exercise Price as set out below;. EXERCISE PRICE. The Exercise Price of the WARRANTS is for each new Share of each in the Company. For example, if you exercise 100 WARRANTS into 100 new Shares, the total Exercise Price shall be PAYMENT OF EXERCISE PRICE. Remittance must be made in full for the Exercise Price, payable in Ringgit Malaysia via banker's draft or cashier's order drawn on a bank operating in Malaysia, or money order or postal order issued by a post office in Malaysia, made in favour of DESTINI BERHAD. warrant PROCEEDS ACCOUNT crossed A/C Payee Only and endorsed on the reverse side with the name, address and CDS account number of the warrant Holders. (c) Remittance for a processing fee of (inclusive of 6% GST) for each Exercise Form submitted, payable by cheque drawn on a bank operating in Malaysia or money or postal order issued by a post office in Malaysia made in favour of Insurban Corporate Services Sdn.

3 Bhd. crossed A/C Payee Only or in cash if you personally deliver the documents to the Share Registrar. In respect of the new Destini Shares to be issued to warrant Holders pursuant to the exercise of the WARRANTS : (a) the Company shall allot and issue the new Destini Shares, dispatch the notices of allotment to the holders of WARRANTS and make an application to bursa Securities for the quotation of the new Destini Shares within eight (8) Market Days of the receipt of a duly completed Subscription Form together with the requisite payment or such other period as may be prescribed by bursa Securities;. (b) such new Destini Shares shall be credited into the CDS Account specified by the holders of the WARRANTS after the allotment of the new Destini Shares. No physical share certificates shall be issued in respect of exercise; and (c) such new Destini Shares shall rank pari passu in all respects with the existing ordinary shares in the capital of the Company except that they shall not be entitled for any dividends, rights, allotment and/or distributions on the entitlement date which is on or before the date of allotment of such new Destini Shares.

4 BOOK CLOSURE DATE IN RELATION TO THE WARRANTS 2013/2016. warrant Holders should note that apart from the provisions contained in the Deed Poll, the following provisions of bursa Depository will apply to the WARRANTS 2013/2016 : (i) bursa Depository will not accept any request for transfer of the WARRANTS 2013/2016. commencing , Friday, 23 September 2016, up to and including the Expiry Date;. (ii) warrant Holders shall qualify for entitlement to subscribe for new Shares only in respect of the following : (a) WARRANTS 2013/2016 transferred into the Depositors' CDS account before , on Friday, 23 September 2016, in respect of transfers; or (b) WARRANTS 2013/2016 bought on bursa Securities on or before Tuesday, 13 September 2016, at , being the last day of trading of the WARRANTS 2013/2016;. (iii) All unexercised WARRANTS remaining in the Depositor's CDS account as at , on the Expiry Date will be debited from the respective Depositor's CDS account on Tuesday, 4.

5 October 2016. EXPIRY OF EXERCISE RIGHTS. warrant Holders should note that : (i) if their Exercise Rights are not exercised and the relevant Subscription Form together with the remittances are not delivered to the Company's Share Registrar by , on the Expiry Date, the Exercise Rights will lapse and become null and void and cease to be exercisable thereafter; and (ii) all unexercised WARRANTS remaining in a Depositor's CDS account as at on the Expiry Date will be debited from the respective Depositor's CDS account on Tuesday, 4. October 2016.