The Board of Directors of Securemetric Berhad (“Securemetric” or “Company”) wishes to announce that the Company had on 15 January 2020 entered into the following agreements: -

1. A conditional Shares Subscription Agreement (“SSA”) with PT Privy Identitas Digital (“PrivyID”) for the subscription of 3,639 Class B Preferred Shares in PrivyID representing 5% of the total enlarged issued shares for a total cash consideration of IDR20,250,000,000 (“Subscription Price”), equivalent to approximately RM6,034,500 (“Investment”) (based on Bank Negara Malaysia’s foreign exchange rate of RM1: IDR3,355.7046 as at 15 January 2020); and
2. Shareholders Agreement (“SHA”) with PrivyID in its capacity both as a company and shareholder, Marshall Pribadi (an Indonesian citizen), Guritno Adi Saputro (an Indonesian citizen), Ira Anggraini (an Indonesian citizen), Muhammad Ajisatria Suleiman (an Indonesian citizen), PT Mandiri Capital Indonesia (an Indonesian company), PT Metra Digital Investama (an Indonesian company), PT Kencana Investasi Indonesia (an Indonesian company), PT Mahanusa Capital (an Indonesian company) and TMI Master Fund 1 Pte Ltd (a Singaporean company).

Please refer to the attachment for full text of announcement.

This announcement is dated 15 January 2020.