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I-POWER BERHAD

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	I-POWER BERHAD ("I-POWER" OR THE "COMPANY") I. SHARE CAPITAL REDUCTION; II. CAPITAL REDEMPTION RESERVE REDUCTION; III. SHARE PREMIUM REDUCTION; IV. SHARE CONSOLIDATION; V. ACQUISITION; VI. BONUS ISSUE; VII. EXEMPTION; VIII. OFFER FOR SALE; IX. PRIVATE PLACEMENT; X. INCREASE IN AUTHORISED SHARE CAPITAL; XI. CHANGE OF NAME; AND XII. AMENDMENTS (COLLECTIVELY REFERRED TO AS THE "CORPORATE EXERCISES")
The terms used herein, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcements in relation to the Corporate Exercises dated 11 August 2011, 15 August 2011, 22 September 2011, 6 January 2012, 30 March 2012, 9 April 2012, 2 May 2012, 24 July 2012, 26 July 2012, 6 September 2012 and 13 September 2012. We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on behalf of the Board of Directors of I-Power ("Board") on 11 August 2011, 15 August 2011, 22 September 2011, 6 January 2012, 30 March 2012, 9 April 2012, 2 May 2012, 24 July 2012, 26 July 2012, 6 September 2012 and 13 September 2012 in relation to the Corporate Exercises. On behalf of the Board, OSK wishes to announce that the name of the Company has been officially changed to Instacom Group Berhad with effect from 19 September 2012. The original copy of the Certificate of Incorporation on Change of Name was received by the Company on 21 September 2012. This announcement is dated 21 September 2012.