# EDGAR Filing Document

**Accession Number:** 0001914818
**File Stem:** 0001493152-23-008810
**Filing Date:** 2023-3
**Character Count:** 28485
**Document Hash:** d03e16c220214439198412033550e6b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-008810.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001493152-23-008810

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20230324

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Starbox Group Holdings Ltd.
- **CENTRAL INDEX KEY:** 0001914818
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-ADVERTISING [7310]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41480
- **FILM NUMBER:** 23757902

**BUSINESS ADDRESS:**
- **STREET 1:** VO2-03-07, VELOCITY OFFICE 2
- **STREET 2:** LINGKARAN SV, SUNWAY VELOCITY
- **CITY:** KUALA LUMPUR
- **STATE:** N8
- **ZIP:** 55100
- **BUSINESS PHONE:** 603 2781 9066

**MAIL ADDRESS:**
- **STREET 1:** VO2-03-07, VELOCITY OFFICE 2
- **STREET 2:** LINGKARAN SV, SUNWAY VELOCITY
- **CITY:** KUALA LUMPUR
- **STATE:** N8
- **ZIP:** 55100

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of March 2023**

**Commission File Number: 001-41480**

**Starbox Group Holdings Ltd.**

**VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, 55100**

**Kuala Lumpur, Malaysia**

**(Address of principal executive office)**

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

**Entry into a Material Definitive Agreement**

On March 24, 2023, Starbox Group Holdings Ltd., a Cayman Islands company (the "Company"), through its wholly owned subsidiary, Starbox Rebates Sdn Bhd ("StarboxGB"), entered into a software licensing agreement (the "Contract") with Brandavision Sdn Bhd, a Malaysia company ("Brandavision"). Brandavision is independent from all directors and officers of the Company, and the Company itself.

Pursuant to the Contract, the Company will grant Brandavision access to its data management system and will help train the staff of Brandavision with respect to its use. The contract period shall be for three years, commencing March 24, 2023, and ending March 23, 2026 (the "Contract Period"). The total contract sum during the Contract Period is RM12,400,000 (equivalent to US$2,800,045, based on the exchange rate of US$1.00: RM4.4285 as at March 23, 2023). The Contract contains other customary obligations and rights of the parties.

The foregoing description of the Contract does not purport to be complete and is qualified in its entirety by reference to the full text of the Contract, a copy of which is filed herewith as Exhibit 10.1.

On March 24, 2023, the Company issued a press release to announce the entry into the Contract. The press release is furnished herewith as Exhibit 99.1.

**Exhibit Index**

<u>Exhibit No.</u> <u>Description</u> <br> 10.1 [Software Licensing Agreement between Brandavision and StarboxGB dated March 24, 2023](ex10-1.htm) <br> 99.1 [Press Release Dated March 24, 2023](ex99-1.htm)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Starbox Group Holdings Ltd.** | **Starbox Group Holdings Ltd.** |
| Date: March 24, 2023 | By: | */s/ Lee Choon Wooi* |
|  | Name: | Lee Choon Wooi |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**SOFTWARE LICENSING AGREEMENT**

**THIS AGREEMENT** is made on **<u>March 24<sup>th</sup> , 2023</u>** between:

(1) **STARBOX REBATES Sdn Bhd**, a company registered in Malaysia with a place of business at VO2-03-05,
 Velocity Office 2, Lingkaran SV Sunway Velocity, 55100, Kuala Lumpur, Malaysia ()"**SRSB** ");
 and

(2)  ***<u>BRANDAVISION Sdn Bhd</u>*** a company registered in Malaysia with a place of business at Lot 9.04,
 Level 9, Pavilion Kuala Lumpur, 168, Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia. ()"**User** ")

**WHEREAS**:

User wishes to obtain from SRSB, and SRSB wishes to provide to User, technology support with SRSB's unique internal developed IT system, subject to and upon the terms and conditions of this Agreement.

**IT IS HEREBY AGREED** as follows:

**1.** **Definitions:** 

"**Place of Installation**" means such location where the Software is installed.

"**Response Targets**" means the targets set out in **Schedule 3**.

**"System Details"** means the details as described in **Schedule 2.**

**"System"** means the system and applicable user licenses listed in **Schedule 1**

"**Software Maintenance**" means the diagnosis of reported problems with the Software and provision of assistance to help resolve such problems and in accordance with the Response Targets.

**2.** **Software Maintenance** 

2.1 SRSB
 agrees to provide and User agrees to accept, the Software Maintenance on the terms and conditions
 of this Agreement

2.2 Software
 Maintenance will be provided during SRSB's business hours ()"**Business Hours** ")
 applicable from time to time, currently Mondays to Fridays (except public holidays): 9.00
 am to 5.00 pm. Services performed outside the Business Hours shall be subject to the SRSB's
 then prevailing overtime charges.

**3.** **User Responsibilities** 

3.1 User
 shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) submit
 to SRSB a report which must contain all pertinent information in English, including User
 Site ID, Software/Revision number, operating system/version, platform, problem description,
 log files/test case and problem severity for each problem reported to SRSB; and

3.2 User
 shall further:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) provide
 dial-in remote access at SRSB's request as so required for the purpose of the Software
 Maintenance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ensure
 that the Software is used in accordance with applicable laws, regulations and operating instructions
 and only by persons who are competent and authorised to use the same;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) ensure
 that no person, except SRSB's authorised representatives, shall modify, repair, replace
 or change the working order, function and quality of the Software;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) give
 SRSB's representatives full and free access to the Place of Installation for the purpose
 of the Software Maintenance; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) give
 SRSB such assistance as SRSB may reasonably require for the Software Maintenance, including
 provision of information, data, files and rights to access and use of any equipment, hardware
 or software.

 ****

**4.** **Charges.** 

4.1 In
 consideration of SRSB providing the Software Maintenance, User shall pay to SRSB the charges
 set out in **Schedule 2** ()"**Charges** ").

4.2 User
 shall pay SRSB all Charges together with all applicable goods and services and other taxes,
 duties, levies and interest within 30 days from the date of SRSB's invoice.

4.3 All payments to SRSB are
 non-refundable and shall be made free of any withholding, deduction, set-off or otherwise.

4.4 User
 shall notify SRSB of any error in SRSB's invoice within 14 days from the invoice date
 failing which the invoice shall be binding and conclusive.

4.5 SRSB
 may without notice set off any amount due to User from SRSB under this Agreement or otherwise
 towards the discharge or payment of any amounts due to SRSB from User under this Agreement
 or otherwise.

4.6 In
 the event User fails to pay any amount due to SRSB under this Agreement, all amounts payable
 to SRSB under this Agreement or otherwise shall immediately fall due and payable and User
 shall immediately pay such amounts upon SRSB's written demand.

4.7 Where
 any additional software or other items are included within the purview of this Agreement
 after the commencement or its renewal, the agreement and charges payable in respect of those
 items shall be pro-rated on a daily basis on the basis of a 365 day year so as to be renewable
 as from the same date as the Software.

 ****

**5.** **Force Majeure** 

5.1 SRSB
 shall not be liable for any failure or delay in performing its obligations under this Agreement
 arising from or in connection with any cause beyond its reasonable control ()"**Force Majeure Event** "). A Force Majeure Event includes acts of God and civil or military
 authority, fires, restrictions, wars, riots, earthquakes, storms, typhoons and floods. In
 the event of any such delay, the term shall be extended for a period equal to the period
 of delay unless otherwise notified by SRSB.

**6.** **Other Services** 

SRSB may at its sole discretion and at the request of User, perform services which are not within the scope of this Agreement. Such services shall be charged to User at SRSB's then prevailing rates.

**7.** **Term and Termination** 

7.1 The
 term of this Agreement shall commence from the date of this Agreement to the **expiry of the period of THREE (3) years** or expiry/termination of the license of the Software, whichever
 is the earlier.

7.2 SRSB
 may terminate this Agreement at any time without cause upon sixty (60) days' written
 notice to User. In such event, Charges paid for the unexpired term of this Agreement shall
 be refunded to User on a pro-rated basis.

7.3 User
 may terminate this Agreement at any time without cause upon sixty (60) days' written
 notice to SRSB. In such event, there will be no refund of any Charges paid for the unexpired
 term of this Agreement.

7.4 Without
 prejudice to any other provision of this Agreement and any other rights or remedies of SRSB,
 SRSB may terminate this Agreement immediately by written notice to User or suspend any part
 of the Software Maintenance without notice in the event of any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) User
 breaches any term of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) User
 fails to pay any amount due to SRSB under this Agreement or otherwise;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any
 third party takes possession of or a receiver is appointed over any of User's assets,
 User makes any voluntary arrangement with or executes any assignment for the benefit of its
 creditors, any liquidation or insolvency proceedings is commenced against User and/or User
 becomes subject to an administration order; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) SRSB
 is aware or has reason to believe that User is using any kind of software without a valid
 license or in breach of any laws, regulations or the terms for its use.

7.5 User
 shall indemnify SRSB for all costs (including legal costs on a full indemnity basis) incurred
 by SRSB arising from or in connection with User's wrongful termination and/or breach
 of any term of this Agreement and the exercise by SRSB of its rights and remedies pursuant
 to the foregoing.

7.6 Any
 extension or renewal of this Agreement upon its expiry shall be at SRSB's sole discretion
 and subject to such terms and conditions and charges as SRSB may determine.

7.7 Provided
 always that User agrees that the provision of Software Maintenance for third party Software
 is subject to the availability to SRSB of the necessary third party support.

**8.** **Limitation of Liability** 

8.1 Notwithstanding
 any contrary provision, SRSB shall not be liable to User or any other party for any:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) punitive,
 exemplary, incidental, indirect, special or consequential loss or damages, including loss
 of profits, business, data, goodwill, reputation and use of the Software, however it arises
 and whether for breach or in tort, even if SRSB has been previously advised of the possibility
 of such damage;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) loss
 or damages for any act, omission or negligence of SRSB (including its employees, representatives
 and independent contractors) arising from or in connection with the performance or delay
 in performance of SRSB's obligations under this Agreement, except where such loss or
 damages are caused directly by SRSB's gross negligence or intentional misconduct.

8.2 Except
 as specified in this Agreement, all express, statutory or implied representations, warranties
 and conditions, including but not limited to any implied warranty and/or condition of satisfactory
 quality, fitness for a particular purpose or non-infringement, are hereby disclaimed, except
 to the extent that such disclaimers are held to be legally invalid.

8.3 Without
 prejudice to any other provision of this Agreement, SRSB's aggregate liability to User
 for claims in respect of or in connection with this Agreement, whether for breach or in tort,
 will be limited to the Charges paid by User to SRSB in respect of the Software Maintenance
 which is the subject matter of the claim.

**9.** **Exclusions** 

9.1 Notwithstanding
 any contrary provision, Software Maintenance is contingent on proper use of the Software
 and does not include services required for problems arising from or in connection with:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) negligent use, infrequent
 use, disuse and/or misuse of the Software;

(b) tampering or modification
 of the Software by any persons other than SRSB's authorised representatives;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) installation
 and operation of the Software under unsafe or hazardous conditions or in an improper manner
 as determined by SRSB;

(d) User's
 failure to implement any upgrade, patch, bug fix, maintenance, release or workaround deemed
 necessary by SRSB;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) causes
 that do not arise directly from or are extraneous to the Software;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) any
 change or upgrade in User's operating systems, database, servers or other part of the
 technical environment; and

(f) User's
 breach of any term of this Agreement.

9.2 For
 the avoidance of doubt, Software Maintenance does not include:

(a) performance
 of any data migration, back-up and recovery; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) performance
 of software backup and restoration of lost or corrupted data due to any virus, error, defect
 or bug; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) change
 requests, training, ad-hoc projects, major works related to architecture and database schema
 changes, re-installation of hardware or software due to system clashes or operating system
 upgrades, installation of software onto additional workstations or servers and set-up of
 the system user management due to new hire or resignation.

9.3 Updates,
 patches and bug fixes may be made available to User from time to time at SRSB's discretion.
 In the event of such provision, User shall immediately do all such things necessary to implement
 such updates, patches and bug fixes at their own costs and expense.

9.4 All
 services will be provided in Malaysia only.

**10.** **Confidentiality** 

If either party desires that information provided to the other party under the Agreement be held in confidence, such party will, prior to or at the time of disclosure, identify the information in writing as confidential or proprietary. The recipient may not disclose such confidential or proprietary information, but may use it only for purposes specifically contemplated in the Agreement, and must treat it with the same degree of care as it does its own similar information, but with no less than reasonable care. The foregoing obligations shall survive the termination of this Agreement but do not apply to information which:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is or becomes known by recipient
 without an obligation to maintain its confidentiality;

(b) is or becomes generally known
 to the public through no act or omission of recipient; or

(c) is independently developed
 by recipient without use of confidential or proprietary information.

**11.** **Miscellaneous** 

11.1 <u>Assignment</u>:
 User shall not assign its rights and obligations under this Agreement without the prior written
 consent of SRSB. SRSB reserves the right to charge an administrative fee for any such assignment.
 SRSB may assign its rights and obligations or sub-contract the performance of its obligations
 under this Agreement upon written notice to User.

11.2 <u>Notices</u>:
 Any notice, request and other communication given by a party under this Agreement shall be,
 unless otherwise agreed by SRSB, in writing and delivered (i) personally or by certified
 mail or courier service; or (ii) by facsimile or other electronic data transmission to the
 address or telecommunications number last notified by the receiving party to the other party.
 Any notice, request and other communication shall be deemed received by the addressee (where
 delivered personally or by certified mail or courier service) at the actual time of receipt
 or two days following the time of dispatch, whichever is the earlier or (where delivered
 by facsimile or other electronic data submission) at the time of transmission.

11.3 <u>Whole Agreement</u>: This Agreement constitutes the entire agreement and understanding of the parties
 and supersedes and terminates all other prior commitments, arrangements or understanding,
 oral or written, between the parties.

11.4 <u>Amendments</u>:
 This Agreement may only be amended by a separate written instrument duly signed by the authorised
 representatives of the parties.

11.5 <u>Severability</u>:
 If any provision of this Agreement or any part thereof shall become illegal, invalid or unenforceable
 for any reason, such provision shall be deemed deleted from this Agreement without affecting
 the remaining provisions.

11.6 <u>Governing Law and Jurisdiction</u>: This Agreement and the relationships of the parties thereto are
 governed and shall be construed in accordance with the laws of Malaysia. Without prejudice
 to any other provision of this Agreement, the parties hereby submit to the exclusive jurisdiction
 of the courts of the Malaysia.

**IN WITNESS WHEREOF,** the duly authorized representatives of the Parties have executed this Agreement:

---

| | | | |
|:---|:---|:---|:---|
| **For and on behalf of:** | **For and on behalf of:** | **For and on behalf of:** | **For and on behalf of:** |
| **STARBOX REBATES Sdn Bhd** | **STARBOX REBATES Sdn Bhd** | BRANDAVISION Sdn Bhd | BRANDAVISION Sdn Bhd |
| Signature: | */s/ Danny Choo* | Signature: | */s/ Lee Kian Jin* |
| Name: | Mr. Danny Choo | Name: | Mr. Lee Kian Jin |
| Designation: | Director | Designation: | Director |
| Date: | March 24<sup>th</sup>, 2023 | Date: | March 24<sup>th</sup>, 2023 |

---

**<u>SCHEDULE 1</u>**

 ****

**DESCRIPTION OF SOFTWARE AND USER LICENSES**

**A.** <u>DATA MANAGEMENT SYSTEM</u> 

- SRSB to provide knowledge transfer to User's staffs

● User Documentation

● System Flow

● Database Structure

● Coding Structure

- SRSB shall deliver to User a master copy of the Software licensed hereunder in object code form, not for reproduction, in electronic files only.

- SRSB shall also deliver to User a copy of the applicable Documentation for the Software. The Documentation can, if so desired, be delivered electronically to the User.

**<u>SCHEDULE 2</u>**

***DETAILS OF THE PACKAGE***

 **

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **NO.** | **DESCRIPTION** | **PACKAGE** | **PACKAGE** | **TOTAL (RM)** | **TOTAL (RM)** |
| 1 | **DATA MANAGEMENT SYSTEM** | | **DBA 3-years** | | **12,400,000.00** |

---

**<u>SCHEDULE 3</u>**

**Response Targets**

1. SRSB
 will use its best commercial efforts to meet the targets set out in this **Schedule** for the Software Maintenance.

2. Upon
 receipt of User's request, SRSB will investigate the severity of the problem reported.

3. SRSB's
 response target will be based on the severity of the problem as determined by SRSB as follows:

---

| | | |
|:---|:---|:---|
| **Severity** | **Case Response Time** | **Problem Resolution Time** |
| 1 | Within 4 business hours | Within 2 business days, once problem is reproducible or defect is identified |
| 2 | Within 6 business hours | Within 4 business days, once problem is reproducible or defect is identified |
| 3 | Within 8 business hours | Within 5 business days, once problem is reproducible or defect is identified |
| 4 | Within 24 business hours | Within 7 business days, once problem is reproducible or defect is identified |

---

**Note:** 

The above table assumes code fixes are provided for Severity 1 issues only. Code fixes for any other severity issue, provided a workaround is available, may become available in a later release of the product.

**Severity Codes**

---

| | |
|:---|:---|
| **Code** | **Description** |
| Severity 1: Show-stopper | The system or major application is down or seriously impacted, or User's data is lost or destroyed, and there is no reasonable workaround currently available (system crashes or panics, data corrupted). |
| Severity 2: High | The system or application is moderately impacted. There is no workaround currently available, or the workaround is cumbersome to use. |
| Severity 3: Medium | The system or application issue is not critical: no data has been lost, and the system has not failed. The issue has been identified and does not hinder normal operation, or the situation may be temporarily circumvented using an available workaround. |
| Severity 4: Low | Non-critical issues, general questions, enhancement requests, or the functionality does not match documented specifications. |

---

**Note:** 

1. Severity
 1 issues require User resource to be available onsite 24/7.

2. Cases
 submitted through email or fax have a default severity code of 3 - Medium. This severity
 code can only be adjusted after case submission through communications with Canon Solutions
 Help Desk.

3. Requests
 received after the applicable business hours shall be deemed to have been received during
 the next applicable business day.

4. Meeting
 of Response Targets is also dependent on User's response to SRSB's queries.

## Exhibit 99.1

**Exhibit 99.1**

**Starbox Secures a 3-Year Contract Valued at $2.8 Million for Licensing its Software**

Kuala Lumpur, Malaysia, March 24<sup>th</sup>, 2023 /PRNewswire/ — Starbox Group Holdings Ltd. (Nasdaq: STBX) (the "Company" or "Starbox Group"), a service provider of cash rebates, digital advertising, and payment solutions, announces that its Malaysian subsidiary, Starbox Rebates Sdn. Bhd., has entered into a Software Licensing Agreement with Brandavision Sdn Bhd ("Brandavision"), a media and advertising firm in Malaysia (the "Software Licensing Agreement"). Pursuant to the Software Licensing Agreement, the Company has agreed to provide technology support with its unique, internally developed IT system to help Brandavision use the data management system to better target customers and improve operational efficiency. The salient terms of the Software Licensing Agreement are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;i) The
 contract period shall be for three (3) years, commencing March 24, 2023,and ending March
 23, 2026 (the "Contract Period");

ii) The total contract sum during the Contract Period is RM12,400,000 (equivalent to US$2,800,045, based on the exchange rate of US$1.00: RM4.4285 as at March 23, 2023); and

iii) The Company will grant Brandavision access to its data management system and will help train the staff of Brandavision with respect to its use.

Mr. Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox Group, commented, "We are delighted to have signed this Software Licensing Agreement and this provides us with a new source of an income stream for the next 3 years. Being a tech-driven company, Starbox Group will continue to dedicate itself to research and development and technological innovation. We believe our newly developed technologies, such as data management and the A.I. Calculation Engine, will help our clients and partners to grow their businesses. We hope to secure more of such income from similar sources in the future."

"Today marks the new episode of Brandavision as we are ready to upgrade our technology system with the help from the Starbox team. Digital marketing requires strong support from data management and a calculation system and Brandavision is in urgent need of technology to help our digital transformation. With this license agreement, Brandavision will be able to improve our operational efficiency and strengthen both our top-line and bottom-line performances. We are committed to teaming up with Starbox for a long-term partnership." said Mr. Lee Kian Jin, Director of Brandavision.

**About Brandavision Sdn Bhd**

Brandavision Sdn Bhd, established in September 2007, offers placed-based advertising spaces and out-of-home media advertising. Brandavision manages exclusive rights to shopping mall advertising mediums, focusing on retail marketing. Brandavision is the exclusive advertising media arm for Pavilion Kuala Lumpur, which is an award-winning, world-class urban development located at the heart of Kuala Lumpur. All information about Brandavision Sdn Bhd contained herein has been reviewed and approved by Brandvision.

**About Starbox Group Holdings Ltd.** 

Headquartered in Malaysia, Starbox Group Holdings Ltd. is building a cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises that lack the bandwidth to develop an in-house data management system for effective marketing. The Company connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants on its GETBATS website and mobile app. The Company provides digital advertising services to advertisers through its SEEBATS website and mobile app, GETBATS website and mobile app and social media. The Company also provides payment solution services to merchants. For more information, please visit the Company's website: <u>https://ir.starboxholdings.com</u>.

***Forward-Looking Statements***

 ****

*Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.*

 

**For more information, please contact:** 

**Starbox Group Holdings Ltd.** 

Investor Relations Department

Email: <u>ir@starboxholdings.com</u>

**Ascent Investors Relations LLC** 

Tina Xiao

Phone: +1 917-609-0333

Email: <u>tina.xiao@ascent-ir.com</u>