TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS

On behalf of the Board of Directors of Rexit, Public Investment Bank Berhad wishes to announce that Mr. Kong Hein Hau had on even date accepted a conditional offer letter made by Rexit for the acquisition of 1,450,000 ordinary shares of RM1.00 each in Reward-Link (“Reward-Link Shares”), representing 29% equity interest in Reward-Link, for a cash consideration of RM1,587,000.00 or equivalent to RM1.09 per Reward-Link Share.

Please refer to the attachment for the full text of the Announcement pertaining to the Proposed Acquisition.

This Announcement is dated 17 July 2012.

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	REXIT BERHAD (“REXIT” OR “COMPANY”) PROPOSED ACQUISITION OF 29% EQUITY INTEREST IN REWARD-LINK.COM SDN BHD (“REWARD-LINK”) COMPRISING 1,450,000 ORDINARY SHARES OF RM1.00 EACH FOR A CASH CONSIDERATION OF RM1,587,000.00 OR EQUIVALENT TO RM1.09 PER REWARD-LINK SHARE (“PROPOSED ACQUISITION”)
On behalf of the Board of Directors of Rexit, Public Investment Bank Berhad wishes to announce that Mr. Kong Hein Hau had on even date accepted a conditional offer letter made by Rexit for the acquisition of 1,450,000 ordinary shares of RM1.00 each in Reward-Link (“Reward-Link Shares”), representing 29% equity interest in Reward-Link, for a cash consideration of RM1,587,000.00 or equivalent to RM1.09 per Reward-Link Share. Please refer to the attachment for the full text of the Announcement pertaining to the Proposed Acquisition. This Announcement is dated 17 July 2012.

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