Scientex Signs Conditional Share Sale Agreement for Acquisition of 42.4% Controlling Stake In Daibochi

Conditional share sale agreement (“CSSA”) executed within the
two-month stipulated  timeframe in the heads of agreement (“HOA”) signed on
14 November 2018. Scientex collectively holding 139.1 million ordinary
shares in Daibochi , representing approximately 42.4% controlling stake in
Daibochi.

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