TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)

(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcement, where applicable, unless stated otherwise or defined herein.)

Reference is made to the announcement dated 17 July 2012.

On behalf of the Board of Directors of Rexit, Public Investment Bank Berhad wishes to announce that the Proposed Acquisition has been completed on 4 October 2012 following the transfer of the 1,450,000 Reward-Link Shares to the Company.

This announcement is dated 4 October 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”)
(For consistency, the abbreviations used throughout this announcement shall have the same meanings as defined in the earlier announcement, where applicable, unless stated otherwise or defined herein.) Reference is made to the announcement dated 17 July 2012. On behalf of the Board of Directors of Rexit, Public Investment Bank Berhad wishes to announce that the Proposed Acquisition has been completed on 4 October 2012 following the transfer of the 1,450,000 Reward-Link Shares to the Company. This announcement is dated 4 October 2012.

Company Name	REXIT BERHAD (ACE Market)
Stock Name	REXIT
Date Announced	4 Oct 2012
Category	General Announcement
Reference No	MM-121004-54485

Announcement Info