The Board of Directors of ManagePay wishes to announce that ManagePay had on 22 September 2015 entered into a conditional share purchase agreement (“SPA”) with Mr Lo Nyan Tjing (“Vendor”) for the purchase of 29.50% equity interest in Trustgate Berhad (“Trustgate”) by ManagePay from the Vendor (the “Acquisition”) for a total cash consideration of RM1,800,000 subject to the terms and conditions of the SPA.

Please refer to the attached file for further details of the Acquisition.

This announcement is dated 23 September 2015.