Pursuant to Rule 9.19(51) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, NETX wishes to announce that it has offered options to eligible employees under its SIS, the details of which are as follows:-

(a)  Date of offer: 13 January 2020

(b)  Exercise price of options offered: RM0.02 each

(c)  Number of options offered: 50,000,000

(d)  Market price of NETX’s shares on the date of the offer: RM0.02

(e)  Number of options offered to Directors of NETX: Nil

(f)   Vesting period of options offered: Not applicable

This announcement is dated 13 January 2020.