Insider Trades

Remarks
Acquisition of issued ordinary shares in the capital of Silverlake Axis Ltd. ("Company") by way of open market purchases and valid acceptances of the voluntary unconditional general offer ("Offer") by E2I Ltd. ("Offeror") for all the issued and paid up ordinary shares ("Shares") in the capital of the Company other than those already held by the Company as treasury shares and those already owned, controlled or agreed to be acquired by the Offeror as at the date of the Offer in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers.

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$890,208,320.76.

Immediately after the transaction

No. of ordinary voting shares/units held: 2472800891 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 98.33000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Acquisition of issued ordinary shares in the capital of Silverlake Axis Ltd. ("Company") by way of open market purchases and valid acceptances of the voluntary unconditional general offer ("Offer") by E2I Ltd. ("Offeror") for all the issued and paid up ordinary shares ("Shares") in the capital of the Company other than those already held by the Company as treasury shares and those already owned, controlled or agreed to be acquired by the Offeror as at the date of the Offer in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers.

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$890,208,320.76.

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 2472800891 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 98.33000000 (Deemed Interest)

The change in interests took place during the offer period of the voluntary unconditional general offer ("Offer") by United Overseas Bank Limited ("UOB"), for and on behalf of E2I Ltd. ("Offeror"), to acquire all the issued ordinary shares ("Shares") in the capital of Silverlake Axis Ltd. ("Company"), other than those already held by the Company as treasury shares and those already owned, controlled or agreed to be acquired by the Offeror as at the date of the Offer.

On 18 November 2024, UOB, for and on behalf of the Offeror, announced that as at 5.30 p.m. (Singapore time) on 18 November 2024 ("Close of Offer Announcement"):

(a) the Offeror had received valid acceptances in respect of 2,441,217,991 Shares, representing approximately 97.08% of the total number of issued Shares (excluding treasury shares). Based on information available to the Offeror, the figure above includes the 1,862,760,568 Shares tendered by Zezz FundQ Pte. Ltd. ("ZFPL") in acceptance of the Offer; and

(b) the Offeror and its concert parties owned, controlled or had agreed to acquire (including by way of acceptances of the Offer) an aggregate of 2,472,800,891 Shares, representing approximately 98.33% of the total number of issued Shares (excluding treasury shares).

The consideration for the Offer was, at the election of the Shareholders:

(a) S$0.36 in cash for each Share; or

(b) in lieu of the above, a combination of S$0.30 in cash and one (1) new redeemable preference share in the capital of the Offeror for each Share.

As at 18 November 2024, the Offeror has two classes of shares, comprising (a) 1,862,760,570 ordinary shares and (b) 471,265,037 redeemable preference shares. ZFPL owns 100% of the ordinary shares in the Offeror.

Accordingly:

(i) ZFPL is deemed to have an interest in the Shares held by the Offeror; and

(ii) following the close of the Offer, pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, ZFPL is deemed interested in 2,472,800,891 Shares owned or controlled by the Offeror (based on the Close of Offer Announcement).

As at 18 November 2024, the Offeror has two classes of shares, comprising (a) 1,862,760,570 ordinary shares and (b) 471,265,037 redeemable preference shares. ZFPL owns 100% of the ordinary shares in the Offeror. Accordingly, ZFPL is deemed to have an interest in the Shares in the capital of the Company owned or controlled by the Offeror.

In connection with the Offer, ZFPL provided an irrevocable undertaking in favour of the Offeror to, amongst others, (i) accept and/or procure the acceptance of the Offer in respect of all its Shares and not withdraw such acceptance once it has been given and (ii) be allotted and issued such number of ordinary shares in the Offeror equal to the number of Shares tendered by ZFPL in acceptance of the Offer. The aggregate Cash Consideration payable by the Offeror to ZFPL for accepting the Offer in respect of the 1,862,760,568 Shares was set off, in full, against the aggregate subscription price for the ordinary shares in the Offeror allotted and issued to ZFPL.

The percentage interest before and after the transaction was calculated based on 2,514,757,359 Shares (excluding 181,715,441 treasury shares).

Remarks
Acceptance of take-over offer for Listed Issuer

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 1899017714 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 75.51000000 (Deemed Interest)

On 9 September 2024, E2I Pte. Ltd. ("Offeror") despatched its Offer Document in relation to its voluntary unconditional general offer ("Offer") for all the issued and paid up ordinary shares ("Shares") in the capital of Silverlake Axis Ltd. ("Company") other than those already held by the Company as treasury shares and those already owned, controlled or agreed to be acquired by the Offeror as at the date of the Offer in accordance with Rule 15 of the Singapore Code on Take-overs and Mergers.

Zezz FundQ Pte. Ltd. ("ZFPL") tendered all its 1,862,760,568 Shares in acceptance of the Offer. Accordingly, immediately following the settlement of consideration for the Shares in acceptance of the Offer on 18 September 2024, ZFPL ceased to have any direct interest in the Shares.

On 18 September 2024, United Overseas Bank Limited, for and on behalf of the Offeror, announced that as at 6.00 p.m. (Singapore time) on 18 September 2024 ("Level of Acceptances Announcement"):
(a) the Offeror had received valid acceptances in respect of 1,899,017,714 Shares, representing approximately 75.51% of the total number of issued Shares. Based on information available to the Offeror, the figure above includes the 1,862,760,568 Shares tendered by ZFPL in acceptance of the Offer; and
(b) the Offeror and its concert parties owned, controlled or had agreed to acquire (including by way of acceptances of the Offer) an aggregate of 1,899,698,114 Shares, representing approximately 75.54% of the total number of issued Shares.

ZFPL owns 100% of the equity interest in the Offeror. Accordingly:
(i) ZFPL is deemed to have an interest in the Shares held by the Offeror; and
(ii) following the tender by ZFPL of its Shares in acceptance of the Offer, pursuant to Section 4 of the Securities and Futures Act 2001 of Singapore, ZFPL is deemed interested in the 1,899,017,714 Shares owned or controlled by the Offeror (based on the Level of Acceptances Announcement).

Pursuant to the irrevocable undertaking provided by ZFPL to the Offeror in connection with the Offer, ZFPL has agreed to be allotted and issued 1,862,760,568 new ordinary shares in the Offeror, which is equivalent to the number of Shares tendered by ZFPL in acceptance of the Offer ("Rollover Shares"). The aggregate cash consideration payable by the Offeror to ZFPL for accepting the Offer in respect of the Rollover Shares will be set off, in full, against the aggregate subscription price for the 1,862,760,568 new ordinary shares in the Offeror to be allotted and issued to ZFPL.

The percentage interest before and after the transaction was calculated based on 2,514,757,359 Shares (excluding 181,715,441 treasury shares).

Remarks
Disposal of securities via off-market transaction by Mr Goh Peng Ooi to Zezz FundQ Pte. Ltd.. Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD 9,196,288.00 Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 1862760568 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 74.20000000 (Deemed Interest)

By virtue of the shares held by Zezz FundQ Pte. Ltd., a company wholly-owned by Mr. Goh Peng Ooi, Mr. Goh Peng Ooi is deemed to have interest in the shares held by Zezz FundQ Pte. Ltd.. Zezz FundQ Pte. Ltd. is a company wholly-owned by Mr. Goh Peng Ooi.

Remarks
Disposal of securities via off-market transaction by Mr Goh Peng Ooi to Zezz FundQ Pte. Ltd..

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD 9,196,288.00

Immediately after the transaction

No. of ordinary voting shares/units held: 1862760568 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 74.20000000 (Direct Interest); 0.00000000 (Deemed Interest)

Zezz FundQ Pte. Ltd. is a company wholly-owned by Mr. Goh Peng Ooi.

Remarks
Silverlake Axis Ltd. Equal Access Offer. Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 1834022168 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 73.24000000 (Deemed Interest)

By virtue of the shares held by Zezz FundQ Pte. Ltd., a company wholly-owned by Mr. Goh Peng Ooi, Mr. Goh Peng Ooi is deemed to have interest in the shares held by Zezz FundQ Pte. Ltd..

Remarks
Silverlake Axis Ltd. Equal Access Offer. Immediately after the transaction

No. of ordinary voting shares/units held: 1834022168 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 73.24000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Zezz FundQ Pte Ltd ("Zezz") and Intelligentsia Holding Ltd ("IHL") are both wholly owned by a common shareholder, Mr Goh Peng Ooi. Mr Goh Peng Ooi is desirous of transferring all the shares of Silverlake Axis Ltd ("SAL") from IHL to Zezz. On 19 Nov 2021, Zezz has entered into a Sale and Purchase Agreement ("SPA") with IHL to acquire the shares of SAL. The transfer of the shares of SAL has been completed in accordance with the terms of the SPA and is only pending the registration of the transfer of shares by CDP. Immediately after the transaction

No. of ordinary voting shares/units held: 1834022168 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 68.54000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via off-market transaction (e.g. married deals)

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD 583,219,050.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 0.00000000 (Deemed Interest)

Zezz FundQ Pte Ltd ("Zezz") and Intelligentsia Holding Ltd ("IHL") are both wholly owned by a common shareholder, Mr Goh Peng Ooi. Mr Goh Peng Ooi is desirous of transferring all the shares of Silverlake Axis Ltd ("SAL") from IHL to Zezz. On 19 Nov 2021, IHL has entered into a Sale and Purchase Agreement ("SPA") with Zezz to dispose the shares of SAL. IHL ceases to be the substantial shareholder of SAL upon the completion of the transfer of the shares of SAL in accordance with the terms of the SPA.

Remarks
Acquisition of Securities via off-market transaction (e.g. married deals)

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD 583,219,050.00

Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 1834022168 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 68.54000000 (Deemed Interest)

Zezz FundQ Pte Ltd ("Zezz") and Intelligentsia Holding Ltd ("IHL") are both wholly owned by a common shareholder, Mr Goh Peng Ooi. Mr Goh Peng Ooi is desirous of transferring all the shares of Silverlake Axis Ltd ("SAL") from IHL to Zezz. Accordingly, Zezz has entered into a Sale and Purchase Agreement ("SPA") with IHL to acquire the shares of SAL on 19 November 2021. Therefore, Zezz is deemed to have interest in the shares of SAL on the date of signing the SPA and becomes a substantial shareholder of SAL by virtue of this deemed interest pending completion of transfer of the shares of SAL in accordance with the terms of the SPA.

Remarks
The change in interest arose as a result of the transfer of 74,144,823 treasury shares to Intelligentsia Holding Ltd pursuant to share transfer as Earn-Out Consideration as per the Share Sale and Purchase Agreement dated 20 Oct 2017 entered by Silverlake Axis Ltd with Goh Peng Ooi, Choo Soo Ching @ Cha Boo @ Choo Joo Di, Wong Horn Lim, Yew Chun Kiat and Lim Ep Ban and Closure Agreement dated 8 Jan 2021 entered by Silverlake Axis Ltd with Goh Peng Ooi, Wong Horn Lim, Yew Chun Kiat and Lim Ep Ban.

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD52,642,824.33 (based on Agreed Issue Price of SGD0.71 per share)

Immediately after the transaction

No. of ordinary voting shares/units held: 1834022168 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 68.54000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Share Buy-back by Silverlake Axis Ltd Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 1759877345 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 68.02000000 (Deemed Interest)

By virtue of the shares held by Intelligentsia Holding Ltd., a company wholly-owned by Mr. Goh Peng Ooi, Mr. Goh Peng Ooi is deemed to have interest in the shares held by Intelligentsia Holding Ltd.

Remarks
Share Buy-back by Silverlake Axis Ltd Immediately after the transaction

No. of ordinary voting shares/units held: 1759877345 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 68.02000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Acquisition of Securities via off-market transaction (e.g. married deals) Immediately after the transaction

No. of ordinary voting shares/units held: 1759877345 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 66.26000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
The change in interest arose as a result of the transfer of 49,075,833 treasury shares to Intelligentsia Holding Ltd. pursuant to a sale and purchase agreement entered into amongst, inter alia, Silverlake Axis Ltd ("Company") and Mr Goh Peng Ooi on 20 October 2017, and announced by the Company on the SGXNET on even date. The completion of the transaction was announced by the Company on 18 April 2018. Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD34,843,841.43 (based on Agreed Issue Price of SGD0.71 per share) Immediately after the transaction

No. of ordinary voting shares/units held: 1750930876 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 65.45000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via market transaction Immediately after the transaction

No. of ordinary voting shares/units held: 129819786 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.93000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of 491,300 Securities via market transaction at SGD0.60 per share and gross amount received by HNA is SGD294,780. Immediately after the transaction

No. of ordinary voting shares/units held: 136148686 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.16000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of 74,500 Securities via market transaction Gross amount received by HNA is SGD44,700 Immediately after the transaction

No. of ordinary voting shares/units held: 136639986 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.16000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of 1,985,100 Securities via market transaction Gross amount received by HNA is SGD1,191,060 Immediately after the transaction

No. of ordinary voting shares/units held: 136714486 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.17000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of 176,400 Securities via market transaction Gross amount received by HNA is SGD105,840 Immediately after the transaction

No. of ordinary voting shares/units held: 138699586 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.24000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of 661,400 Securities via market transaction Gross amount received by HNA is SGD396,840 Immediately after the transaction

No. of ordinary voting shares/units held: 138875986 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.25000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via market transaction Immediately after the transaction

No. of ordinary voting shares/units held: 139537386 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.27000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via market transaction Immediately after the transaction

No. of ordinary voting shares/units held: 139856386 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.28000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via market transaction Immediately after the transaction

No. of ordinary voting shares/units held: 140855386 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.32000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): 750,467 SGD Immediately after the transaction

No. of ordinary voting shares/units held: 132677900 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.01000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Immediately after the transaction

No. of ordinary voting shares/units held: 1701855043 (Direct Interest); (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 64.36000000 (Direct Interest); 0.00000000 (Deemed Interest)

Intelligentsia Holding Ltd has not received the sale consideration at the point of this announcement. It will receive the sale consideration when the strategic investors sell the shares in the market. For further details, please refer to announcements made by Silverlake Axis Ltd (the "Company") dated 9 July 2010 and 23 July 2010 in relation to the Company's strategic alliance with HNA Group in China.

Remarks
Acquisition of Securities via off-market transaction (e.g. married deals) Immediately after the transaction

No. of ordinary voting shares/units held: 142234286 (Direct Interest); (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.38000000 (Direct Interest); 0.00000000 (Deemed Interest)

HNA Group (International) Co. Ltd. has not paid the purchase consideration at the point of this announcement. It will pay the consideration when HNA Group sells the shares in the market. For further details, please refer to announcements made by Silverlake Axis Ltd (the "Company") dated 9 July 2010 and 23 July 2010 in relation to the Company's strategic alliance with HNA Group in China.

Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Immediately after the transaction

No. of ordinary voting shares/units held: 1736426473 (Direct Interest); (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 65.27000000 (Direct Interest); 0.00000000 (Deemed Interest)

Intelligentsia Holding Ltd has not received the sale consideration at the point of this announcement. It will receive the sale consideration when the strategic investors sell the shares in the market. For further details, please refer to announcements made by Silverlake Axis Ltd (the "Company") dated 9 July 2010 and 23 July 2010 in relation to the Company's strategic alliance with HNA Group in China.

Remarks
Disposal of Securities via market transaction Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): 2,372,400 SGD Immediately after the transaction

No. of ordinary voting shares/units held: 132400000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 4.94230000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Acquisition of Securities via market transaction Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): 1,244,414 SGD Immediately after the transaction

No. of ordinary voting shares/units held: 136400000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 5.08180000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Pursuant to the bonus issue of new ordinary shares in the capital of Silverlake Axis Ltd on the basis of one (1) new ordinary share for every five (5) existing ordinary shares held. Immediately after the transaction

No. of ordinary voting shares/units held: 1788283615 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 66.39000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Immediately after the transaction

No. of ordinary voting shares/units held: 1490236347 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 66.39000000 (Direct Interest); 0.00000000 (Deemed Interest)

Intelligentsia Holding Ltd has not received the sale consideration at the point of this announcement. It will receive the sale consideration when the strategic investors sell the shares in the market. For further details, please refer to announcements made by Silverlake Axis Ltd (the "Company") dated 9 July 2010 and 23 July 2010 in relation to the Company's strategic alliance with HNA Group in China.

Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): SGD37,500,000 Immediately after the transaction

No. of ordinary voting shares/units held: 1517893488 (Direct Interest); (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 67.64000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Intelligentsia Holding Ltd. has executed the transfer of 1 million shares as a performance based reward to a senior project executive Immediately after the transaction

No. of ordinary voting shares/units held: 1567893488 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 73.12000000 (Direct Interest); 0.00000000 (Deemed Interest)

Remarks
Disposal of Securities via off-market transaction (e.g. married deals) Intelligentsia Holding Ltd has not received the sale consideration at the point of this announcement. It will receive the sale consideration when the strategic investors sell the shares in the market. For further details, please refer to announcements made by Silverlake Axis Ltd (the "Company") dated 9 July 2010 and 23 July 2010 in relation to the Company's strategic alliance with HNA Group in China.

Remarks
PURCHASE OF SHARES FROM A STRATEGIC INVESTOR The percentage of issued share capital before the change is calculated based on issued shares (excluding treasury shares) of 2,101,985,108 and after the change is calculated based on issued shares (excluding treasury shares) of 2,098,349,108 and rounded to two decimal points.

Remarks
Shares Placement. The percentage of issued share capital before and after the change is calculated based on issued shares (excluding treasury shares) of 2,091,735,108 and rounded to two decimal points. ******************************************************************************* This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Eric Wong Telephone number: +65 63375115 Address: 50 Raffles Place, 09-01 Singapore Land Tower, Singapore 048623

Remarks
Sale of shares to strategic investors. The percentage of issued share capital before and after the change is calculated based on issued shares (excluding treasury shares) of 2,091,735,108 and rounded to two decimal points. ******************************************************************************* This announcement has been prepared by Silverlake Axis Ltd (the "Company") and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement. The announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Eric Wong Telephone number: +65 6337 5115 Address: 50 Raffles Place, 09-01, Singapore Land Tower, Singapore 048623

Remarks
Placement of shares. The percentage of issued share capital before and after the change is calculated based on issued shares (excluding treasury shares) of 2,091,735,108 and rounded to two decimal points. ******************************************************************************* This announcement has been prepared by Silverlake Axis Ltd (the "Company") and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement. The announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Eric Wong Telephone number: +65 6337 5115 Address: 50 Raffles Place, 09-01, Singapore Land Tower, Singapore 048623

Remarks
Shares granted as reward to executives and/or associates of Silverlake Private Entities for past contributions. The percentage of issued share capital before and after the change is calculated based on issued shares (excluding treasury shares) of 2,091,735,108 and rounded to two decimal points. ******************************************************************************* This announcement has been prepared by Silverlake Axis Ltd (the "Company") and its contents have been reviewed by the Company's sponsor, CIMB Bank Berhad, Singapore Branch (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement. The announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Eric Wong Telephone number: +65 6337 5115 Address: 50 Raffles Place, 09-01, Singapore Land Tower, Singapore 048623

Remarks
Acquisition of business by Silverlake Axis Ltd. This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, CIMB Bank Berhad, Singapore Branch, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "Exchange"). The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Eric Wong Telephone number: +65 63375115 Address: 50 Raffles Place, 09-01, Singapore Land Tower, Singapore 048623

Remarks
Acquisition of business by Silverlake Axis Ltd. The percentages are computed based on issued shares (excluding treasury shares) of 1,066,099,476 before the allotment of shares and 1,827,918,520 after the allotment of shares on 3 March 2010. ******************************************************************************* This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, CIMB Bank Berhad, Singapore Branch, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "Exchange"). The Company's Sponsor has not independently verified the contents of this announcement. This announcement has not been examined or approved by the Exchange and the Exchange assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Eric Wong Telephone number: +65 63375115 Address: 50 Raffles Place, 09-01, Singapore Land Tower, Singapore 048623

Remarks
INVESTMENT The percentage of issued share capital before and after the change is calculated based on the Company's issued share capital of 1,066,099,476 excluding treasury shares.

Remarks
The percentage of issued share capital is calculated based on the Company's issued share capital of 1,087,105,476 excluding treasury shares as at 6 January 2009. The percentage of issued share capital is calculated based on the Company's issued share capital of 1,080,605,476 excluding treasury shares as at 7 January 2009.

Remarks
The percentage of issued share capital is calculated based on the Company's issued share capital of 1,114,907,476 excluding treasury shares as at 3 December 2008. Notes: Direct: Shares held directly by ASEAN Fund. Deemed: Shares in which the following are deemed to have an interest: (a) Asia Fund; (b) AP BVI; (c) AP Holdings; (d) SPL; and (e) PT, LC & ST. Asia Fund, who has a controlling interest in ASEAN Fund and is entitled to exercise not less than 20% of the votes attached to the voting shares in ASEAN Fund, is therefore deemed interested in all the shares held by ASEAN Fund in the Company. AP BVI, being the fund manager of ASEAN Fund and Asia Fund, is deemed to be interested in the shares of the Company held by ASEAN Fund. AP Holdings has a controlling interest in AP BVI, and is therefore deemed interested in all the shares of the Company in which AP BVI is deemed interested in. SPL has a controlling interest in AP Holdings, which in turn has a controlling interest in AP BVI, and SPL is therefore deemed interested in all the shares of the Company in which AP Holdings is deemed interested in. PT, LC & ST each has 33.33% interest in SPL, and each is therefore deemed interested in all the shares of the Company in which SPL is deemed interested in.

Remarks

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Private Placement at own discretion to an international fund manager.

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Private Placement.

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Private Placement.

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PRIVATE PLACEMENT TO MEET THE PUBLIC FLOAT OF 15%

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PRIVATE PLACEMENT TO MEET THE PUBLIC FLOAT OF 15%

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Acquisition of the entire issued and paid-up share capital of Silverlake Adaptive Applications & Continuous Improvement Services Ltd.

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Acquisition of the entire issued and paid-up share capital of Silverlake Adaptive Applications & Continuous Improvement Services Ltd.

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Sale to Mr Goh Peng Ooi of 100% of Intelligentsia Holding Ltd which has a 57.34% direct interest in the Company

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Private Placement

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Transfer of shares to employee as incentive

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Private Placement

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Transfer of shares to employees as incentive

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Private placement

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Private placement

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Transfer of shares to employee as incentive