On behalf of the Board of Directors of Wintoni, KAF Investment Bank Berhad wishes to announce that the Company is proposing to undertake the following proposals:-

(i) proposed disposal by Wintoni of its entire equity interests in Shanghai Winner Electrical Co, Ltd and Shanghai WinCo Electrical Co, Ltd to Primose Ventures Limited for an aggregate cash consideration of RM14,500,000;

(ii) proposed acquisition by Wintoni of 25,050,000 ordinary shares of RM0.01 each in Ozura Firstlogix Sdn Bhd (OFSB), representing 50.1% of the issued and paid-up share capital of OFSB, from Ozura Interactive Sdn Bhd for a cash consideration of RM24,849,600;

(iii) proposed renounceable rights issue of up to 729,000,000 new ordinary shares of RM0.05 each in Wintoni (Rights Shares) at an issue price of RM0.05 per Rights Share on the basis of one (1) Rights Share for every one (1) ordinary share of RM0.05 each in Wintoni (Wintoni Share) held by the entitled shareholders of the Company after the Proposed Par Value Reduction (as defined in the attached announcement), on an entitlement date to be determined later (Entitlement Date) together with up to 364,500,000 free detachable warrants (Warrants) on the basis of one (1) Warrant for every two (2) Rights Shares subscribed for (Proposed Rights Issue of Shares with Warrants); and

(iv) proposed renounceable rights issue of up to 729,000,000 or RM21,870,000 nominal value of five (5)-year, 1%, irredeemable convertible unsecured loan stocks (ICULS) at 100% of the nominal value of RM0.03 each (Rights ICULS) on the basis of one (1) RM0.03 nominal value of Rights ICULS for every one (1) Wintoni Share held by the entitled shareholders of the Company after the Proposed Par Value Reduction, on the same Entitlement Date as the Proposed Rights Issue of Shares with Warrants.

Kindly refer to the attached document for the complete announcement.

This announcement is dated 14 July 2014.