Pursuant to Paragraph 10.08 (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Digi.Com Berhad (“Digi”) wishes to announce that:

1. a Novation Agreement dated 19 October 2016 was entered into between Digi Telecommunications Sdn Bhd (Company No. 201283-M) (“DTSB”), a wholly owned subsidiary of Digi, Prabhu Money Transfer Sdn Bhd (Company No. 766531-U) (“Prabhu”), a related company of Digi and Telepin Software Corporation (Company No. 649647-4) to transfer and novate all rights, title, benefits, interests and obligations of DTSB under the Consolidated Contracts with respect to the Financial Services and Mobile Applications;
2. in conjunction with the Novation Agreement, DTSB had on 19 October 2016 entered into a Sale and Transfer of Asset Agreement with Prabhu to sell and transfer the rights, title, benefits, interests, obligations and liabilities in respect of the Financial Services and Mobile Applications under the Consolidated Contracts to Prabhu for a total cash consideration of RM1,482,000.

Please refer to the attachment for further details.

This announcement is dated 19 October 2016.