PROPOSED ACQUISITION BY INFOLINE IT SOLUTIONS SDN BHD ("INFOLINE IT SOLUTIONS"), A WHOLLY-OWNED SUBSIDIARY OF INFOLINE TEC GROUP BERHAD ("INFOLINE"), OF 2 ADJOINING INTERMEDIATE UNITS OF 3 STOREY SEMI-DETACHED FACTORY BUILDINGS BUILT ON LEASEHOLD LAND, H.S.(D) 296779, PT NO. 12703, PEKAN BARU SUNGAI BULOH, DAERAH PETALING, NEGERI SELANGOR ("LOT 10") AND H.S.(D) 296780, PT NO.12704, PEKAN BARU SUNGAI BULOH, DAERAH PETALING, NEGERI SELANGOR ("LOT 11"), (COLLECTIVELY, "PROPERTIES") FOR A TOTAL PURCHASE CONSIDERATION OF RM18,577,776, TO BE SATISFIED VIA CASH ("PROPOSED ACQUISITION")

PROPOSED ESTABLISHMENT OF AN EMPLOYEE SHARE OPTION SCHEME ("ESOS") OF UP TO 10% OF THE TOTAL NUMBER OF THE ISSUED SHARE CAPITAL OF INFOLINE (EXCLUDING TREASURY SHARES) AT ANY POINT IN TIME DURING THE DURATION OF THE ESOS FOR THE ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES WHICH ARE NOT DORMANT ("PROPOSED ESOS")

PROPOSED ALLOCATION TO ANG SENG WONG

PROPOSED ALLOCATION TO CHOO WEI CHUEN

PROPOSED ALLOCATION TO LOO WAI HONG

PROPOSED ALLOCATION TO TOO YIT MENG

PROPOSED ALLOCATION TO TAN MUI PING

PROPOSED ALLOCATION TO OLIVIA LIM

PROPOSED ALLOCATION TO ALWIZAH AL-YAFII BINTI AHMAD KAMAL