1.0 INTRODUCTION 2.0 INFORMATION ON DTSB, FHSB AND THE VENDORS 2.1 DTSB

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1 DATASONIC GROUP BERHAD ( DATASONIC ) - SHARE SALE AGREEMENT AND SHAREHOLDERS AGREEMENT BETWEEN DATASONIC TECHNOLOGIES SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF DATASONIC, HKS PRIMATRIX SDN BHD, HABIBUL RAHMAN BIN KADIR SHAH, DATO RAZALI MERICAN BIN NAINA MERICAN AND ZAID BIN KADERSHAH 1.0 INTRODUCTION The Board of Directors ( Board ) of Datasonic wishes to announce that Datasonic Technologies Sdn Bhd ( DTSB ) (Company No X), a wholly-owned subsidiary of the Company, has on 25 June 2014, entered into a Share Sale Agreement ( SSA ) with HKS Primatrix Sdn Bhd ( HKSP ) (Company No A), Encik Habibul Rahman Bin Kadir Shah (NRIC No ), Dato Razali Merican Bin Naina Merican (NRIC No ) and Encik Zaid Bin Kadershah (NRIC No ) (collectively referred to as the Vendors ) for the purpose of acquiring 6,000 ordinary shares of RM1.00 each ( Sale Shares ), representing 30% of the issued and paid-up share capital of Fuelsubs House Sdn Bhd ( FHSB ) (Company No U) free from all claims, charges, liens, encumbrances and equities whatsoever together with all rights attached thereto and all dividends rights and distributions declared paid or made in respect thereof for a total purchase consideration of RM10,000, of which RM6, shall be paid upon execution of SSA (hereinafter referred to as Proposed Acquisition ). DTSB has also on even date, entered into a Shareholders Agreement ( SA ) with FHSB and the Vendors for the purpose of regulating the relationship between DTSB and the Vendors as shareholders of FHSB. 2.0 INFORMATION ON DTSB, FHSB AND THE VENDORS 2.1 DTSB DTSB is a company incorporated in Malaysia and having its registered office at Level 6, Bangunan Setia 1, No. 15, Lorong Dungun, Damansara Heights, Kuala Lumpur. The authorised and paid-up share capital of DTSB are RM8,000, and RM7,466, respectively. The principal activities of DTSB are customisation of software and hardware solutions, project management and consultancy. 2.2 FHSB FHSB is a company incorporated in Malaysia and having its registered office at No. 372, 1st Floor, Jalan Tuanku Abdul Rahman, Kuala Lumpur. The authorised and paid-up share capital of FHSB are RM400, and RM20, respectively. The principal activities of FHSB are to carry out export and import of crude petroleum oils; export and import of a variety of goods without any particular specialization and others; and business management consultancy services. The Directors of FHSB are Dato Razali Merican Bin Naina Merican; Encik Habibul Rahman Bin Kadir Shah and Encik Zaid Bin Kadershah. 1

2 The shareholders of FHSB are as follows:- Name No. of shares held % of shareholding HKSP 7, Encik Habibul Rahman Bin Kadir 6, Shah Dato Razali Merican Bin Naina 5, Merican Encik Zaid Bin Kadershah 1, Total 20, THE VENDORS i) HKSP is a company incorporated in Malaysia and having its registered office at No. 16-1, Jalan 2/23A, Taman Danau Kota, Off Jalan Genting Kelang, Kuala Lumpur. The authorised and paid-up share capital of HKSP are RM100, and RM2.00 respectively. The principal activities of HKSP are to operate website and to manage, provide, develop, sell, buy, lease and exchange services, hardwares, softwares in information technology computer. HKSP is the shareholder of 7,280 shares in FHSB; ii) Encik Habibul Rahman Bin Kadir Shah, Malaysian is the shareholder of 6,720 shares in FHSB; iii) iv) Dato Razali Merican Bin Naina Merican, Malaysian is the shareholder of 5,000 shares in FHSB; and Encik Zaid Bin Kadershah, Malaysian is the shareholder of 1,000 shares in FHSB. 3.0 SALIENT TERMS OF THE SSA AND SA 3.1 SSA Pursuant to the SSA, DTSB will acquire the Sale Shares, representing 30% of the issued and paid-up share capital of FHSB from the Vendors free from all claims, charges, liens, encumbrances and equities whatsoever together with all rights attached thereto and all dividends rights and distributions declared paid or made in respect thereof for a total purchase consideration of RM10,000, of which RM6, shall be paid upon execution of SSA. The SSA is conditional upon FHSB securing the letter of award from the Government of Malaysia to manage the fuel subsidies and a copy of the same is delivered to DTSB ( Condition Precedent ). In the event, the Conditions Precedent cannot be fulfilled for any reason(s) whatsoever, DTSB and/or DTSB s Solicitors shall, in the event where the transfer of shares has been effected, cause for the re-transfer of the sale shares to the Vendor(s), alternatively in the event the shares have not been transferred, return all the documents pertaining to the transfer of shares intact, to the Vendors Solicitors in exchange for the refund of all monies paid under SSA. 2

3 The purchase price for the Sale Shares shall be paid by the DTSB to the Vendors in the manner described as follows:- Upon the SSA becoming unconditional, the sum of RM9,994, only shall be paid by DTSB to the Vendors Solicitor. It was agreed by the Vendors that the Vendors Solicitor shall utilise RM7,000, only to be injected into FHSB while the remaining RM2,994, only shall be distributed among the Vendors in direct proportion to their shareholdings. If in the event that DTSB shall:- (a) (b) for any reason whatsoever, fails to pay the Purchase Price in accordance with the SSA; and makes any voluntary arrangement with its creditor(s); the Vendors shall be at liberty to terminate the SSA forthwith by notice in writing to DTSB, whereupon the SSA shall automatically terminate and become null and void, with the result that neither party shall have any claim against the other, save for any antecedent breaches. If in the event that any of the Vendors:- (a) (b) (c) fails to complete the said Sale Shares in accordance with the provisions of SSA save for reasons not due to the Vendors; breach(es) any of the warranties set out in the SSA; have a bankruptcy proceedings against them or become a bankrupt; 3.2 SA DTSB shall be at liberty to terminate the SSA forthwith by notice in writing to the Vendors, thereafter the SSA shall automatically terminate and become null and void. DTSB and the Vendors have entered into the SA to regulate the relationship of the parties as shareholders of FHSB. SA is subject to and conditional upon the completion of the Proposed Acquisition under the SSA. The proposed shareholding structure of FHSB will be in the following proportion:- Name % of shareholding HKS Primatrix Sdn Bhd 26.0 Encik Habibul Rahman Bin Kadir Shah 24.0 Dato Razali Merican Bin Naina Merican 16.5 Encik Zaid Bin Kadershah 3.5 DTSB 30.0 Total

4 Pursuant to the SA, a shareholders meeting shall be convened and shareholders written approval is required for FHSB to enter into any asset purchase and/or business related investments. The SA also provides that DTSB shall have the right to appoint two (2) directors whilst the Vendors shall have the right to appoint five (5) directors in FHSB. 4.0 BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION FOR THE PROPOSED ACQUISITION The total purchase consideration for the Proposed Acquisition was arrived at on a willing-buyer-willing-seller basis after taking into consideration on the future prospects and earnings potential of FHSB upon securing the letter of award from the Government of Malaysia to manage the fuel subsidies. 5.0 RATIONALE The Proposed Acquisition is in line with the market expansion strategy of Datasonic Group and represents a good opportunity for Datasonic Group to expand its businesses and to participate in the project to be undertaken by FHSB. The Board of Datasonic expects the Proposed Acquisition to contribute positively to the future earnings of Datasonic Group. 6.0 LIABILITIES TO BE ASSUMED There are no liabilities, including contingent liabilities and guarantee to be assumed by Datasonic arising from the Proposed Acquisition and SA. 7.0 SOURCE OF FUNDING DTSB intends to fund the Proposed Acquisition through internally generated funds and/or bank borrowings. 8.0 RISK FACTORS The Board of Datasonic does not foresee any other significant risks arising from the Proposed Acquisition and SA. The SSA is subject to the Condition Precedent as set out in Section 3.1 above. The non-fulfillment of the Condition Precedent may result in the SSA being terminated. 9.0 EFFECTS OF THE PROPOSED ACQUISITION AND SA 9.1 Share Capital and Substantial Shareholders Shareholdings The Proposed Acquisition and SA will not have any effect on the share capital and Substantial Shareholders shareholdings of Datasonic. 4

5 9.2 Earnings Per Share, Net Assets Per Share and Gearing The Proposed Acquisition might have material effect on the Earnings Per Shares and Net Assets Per Share of Datasonic Group for the financial period ending 31 March The impact of the Proposed Acquisition on the Gearing of Datasonic Group will depend on the source of funding, which will be decided later. 10. HIGHEST PERCENTAGE RATIO APPLICABLE The highest percentage ratio applicable for the Proposed Acquisition pursuant to Chapter 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 5.62%. 11. APPROVAL REQUIRED The Proposed Acquisition and SA are not subject to the approval of the shareholders of Datasonic or any relevant authorities. 12. ESTIMATED TIMEFRAME FOR COMPLETION The completion of the Proposed Acquisition is conditional upon FHSB securing the letter of award from Government of Malaysia to manage the fuel subsidies and a copy of the same is delivered to DTSB. 13. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTERESTS None of the Directors, Substantial Shareholders of Datasonic and persons connected to them has any interest, direct or indirect in the Proposed Acquisition and SA. 14. STATEMENT BY THE BOARD OF DIRECTORS The Board of Datasonic is of the opinion that the Proposed Acquisition and entering into the SA are in the best interests of Datasonic. 15. DOCUMENTS AVAILABLE FOR INSPECTION The SSA and SA are available for inspection at the registered office of Datasonic at Level 6, Bangunan Setia 1, No. 15, Lorong Dungun, Damansara Heights, Kuala Lumpur during normal business hours (9:00 a.m. to 5:00 p.m.) from Monday to Friday (except public holidays) for a period of 3 months from the date of this announcement. This announcement is dated 25 June