ONEGLOVE: CIRCULAR TO SHAREHOLDERS IN RELATION TO PART A: I. PROPOSED SETTLEMENT OF DEBTS OWING TO ADA CAPITAL INVESTMENTS LIMITED, THE MAJOR SHAREHOLDER OF ONE GLOVE GROUP BERHAD ("ONE GLOVE" OR THE "COMPANY"), AMOUNTING TO RM45,840,000 VIA THE ISSUANCE OF 191,000,000 NEW REDEEMABLE CONVERTIBLE PREFERENCE SHARES IN ONE GLOVE ("RCPS") AT THE ISSUE PRICE OF RM0.24 PER RCPS ("PROPOSED DEBT SETTLEMENT"); AND II. PROPOSED AMENDMENTS TO THE CONSTITUTION OF ONE GLOVE TO FACILITATE THE ISSUANCE OF THE RCPS UNDER THE PROPOSED DEBT SETTLEMENT ("PROPOSED AMENDMENTS"); PART B: INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF ONE GLOVE IN RELATION TO THE PROPOSED DEBT SETTLEMENT