On 3 January 2012, S.A.S. Investment entered into the Agreement with Luen Fat pursuant to which S.A.S. Investment has agreed to subscribe for 25,000,000 Placing Shares at the Offer Price. The Subscription Shares represent approximately 6% of PC Partner鈥檚 issued share capital as enlarged by the Offering.

PC Partner Group is principally engaged in the design, development and manufacture of video graphics cards for personal computers ("PC"). PC Partner Group also provides electronics manufacturing service and manufactures other PC related products. Having considered the track record of PC Partner Group and its reputation in the PC industry, the Company considers that the Subscription is an investment opportunity that would be beneficial to the Group.