The Board of Directors of the Company wishes to announce that MY E.G. Capital Sdn. Bhd. (“MYEG Capital”), a wholly-owned subsidiary of the Company had on 4 April 2019 entered into an Investment Agreement ("the Agreement") to subscribe 46,044 shares in Jingle Magic (Beijing) Technology Co., Ltd. (Company registration number: 91110105MA0054EE9C), for a total consideration of RMB10,000,000.00 only, equivalent to approximately RM6.1 million, pursuant to the terms and conditions as set out in the Agreement.

Please refer to the attachements for further details.

This announcement is dated 4 April 2019.