Unless otherwise stated, the definitions used throughout this announcement shall have the same meaning as defined in the announcements announced by the Company on 21 November 2018 and 18 February 2019 in relation to the Proposed Investment.

The Board of Directors of VSTECS wishes to announce that VSTECS has on 18 April 2019 entered into a Share Sale Agreement (“SSA”) dated 18 April 2019 with Mr. Lim Fun Jin, Ms. Alice Yuen Mei Foong, Mr. Yong Keong Tuck and Mr. Tan Wai Ho (collectively referred to as the “Vendors”) to acquire 150,000 ordinary shares in I.S.A. Technologies Sdn. Bhd. (“ISAT”), representing 30% of the total issued share capital of ISAT (“Sale Shares”), for a total purchase consideration of RM14,573,000/- (the “Purchase Consideration”) (the “Proposed Acquisition”).

Please refer to the attachment for the full text of the announcement.

This announcement is dated 18 April 2019.