January 29, 2018

Company

Artivision founded in 2004 and is publicly traded in the Singapore Exchange (SGX:5NK) on 18 August 2008.

On 31 October 2017, Artivision signed a non-binding Head of Agreement with Mobile Credit Payment Pte Ltd (“MC Payment“) in respect of the proposed acquisition by Artivision of all the ordinary shares and convertible bonds issued by MC Payment. If undertaken and completed, the Proposed Acquisition will result in a reverse takeover of the Company as defined under Chapter 10 of the Singapore Exchange Securities Trading Limited (“SGX-ST”) Listing Manual Section B: Rules of Catalist (the “Catalist Rules”).