Document:

TechMedia Advertising, Inc.: Exhibit 10.1 - Filed by newsfilecorp.com

SHARE EXCHANGE AGREEMENT 

THIS SHARE EXCHANGE
AGREEMENT is dated and made for reference effective as fully executed on
this 16th day of December, 2016. 

BETWEEN: 

TECHMEDIA ADVERTISING
INC., a corporation organized under the laws of the State of Nevada and
having an address for notice and delivery located at Blk 155 Simei Road,
#03-204, Singapore 520155 

(the “Acquirer”); 

AND: 

IBASE TECHNOLOGY PRIVATE
LIMITED, a corporation organized under the laws of Singapore and having
an address for notice and delivery located at 6 Shenton Way, #21-08, Oue
Downtown, Singapore 068809 

(the “Company”); 

AND: 

FOOK KONG WAN, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 1 Toh Tuck Terrace, Singapore 596638 

AND: 

ALBERT HIN KAY HONG, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 21 Mount Elizabeth, #02-00, York Hotel, Singapore 228516

AND: 

MENG TENG CHANG, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 34 Margoliouth Road, Singapore 258560 

AND: 

ERNEST KOK-YONG ONG, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 16 Jalan Ketumbit, Seletar Hills Estate, Singapore
808868 

2

AND: 

WILLIE LIAN, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 516 Serangoon North Avenue 4, #13-248, Singapore 550516

AND: 

HUI BOON TAY, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 815 Jellicoe Road, #12-14, Lavender Gardens, Singapore
200815 

AND: 

CHOOI TENG CHAN, a
shareholder of IBASE Technology Private Limited, having an address for notice
and delivery located at 48 Canberra Drive, #11-15, Yishun Sapphire, Singapore
768437 

(Fook Kong Wan, Albert Hin Kay Hong,
Meng Teng Chang, Ernest Kok-Yong Ong, Willie Lian, Hui Boon Tay and Chooi Teng
Chan, each being hereinafter singularly referred to as a “Vendor” and
collectively referred to as the “Vendors” as the context so requires”);

(the Vendors, the Company and the
Acquirer being hereinafter singularly also referred to as a “Party” and
collectively referred to as the “Parties” as the context so requires).

WHEREAS: 

A.          The
Company is a corporation incorporated and existing under the laws of Singapore;

B.          The
Company is in the business of being a solution provider of cloud-enabled real
estate and facility management, financial management, security and enterprise
turn-key systems/solutions for government-to-government, business-to-business
and business-to-consumer (collectively, the “Company’s Business”); 

C.          The
Vendors are the legal and beneficial owner of all of the issued and outstanding
shares in the capital of the Company (the “Company Stock”); the
particulars of the registered and beneficial ownership of such Company Stock
being set forth in Schedule “A” which is attached hereto and which forms a
material part hereof; 

D.          The
Parties hereto have agreed to enter into this Share Exchange Agreement (the
“Agreement”) which formalizes and which clarifies their respective duties
and obligations in connection with the acquisition by the Acquirer from the
Vendors of all of the Company Stock together with the further development of the
Company’s Business as a consequence thereof; and 

E.          The
exchange of Company Stock for Acquirer Stock is intended to constitute a
tax-free reorganization under Section 368 of the Internal Revenue Code of 1986,
as amended (the “Code”), or such other tax free reorganization exemptions
that may be available under the Code. 

 
NOW THEREFORE THIS AGREEMENT WITNESSETH that in
consideration of the mutual promises, covenants and agreements herein
contained, THE PARTIES HERETO COVENANT AND
AGREE WITH EACH OTHER as follows: 

3

Article 1 
DEFINITIONS 

1.1         
Definitions. For the purposes of this Agreement, except as
otherwise expressly provided or unless the context otherwise requires, the
following words and phrases shall have the following meanings: 

	 	(b) 	
      “Acquirer” means TechMedia Advertising Inc., a
      corporation organized under the laws of the State of Nevada, or any
      successor company, however formed, whether as a result of merger,
      amalgamation or other action;

	 	 	 
	 	(d) 	
      “Acquirer’s Initial Due Diligence” has the meaning
      ascribed to it in Article “5.1(b)” hereinbelow;

	 	 	 
	 	(e) 	
      “Acquirer Material Adverse Effect” means a
      material adverse effect on Acquirer, a material adverse effect on the
      ability of the Acquirer to perform its obligations under this Agreement or
      on the ability of the Acquirer to consummate the Takeover;

	 	 	 
	 	(f) 	
      “Acquirer’s Ratification” has the meaning ascribed
      to it in Article “5.1(a)” hereinbelow;

	 	 	 
	 	(g) 	
      “Acquirer Stock” means the 18,998,211
      (post-reverse stock split on a basis of one (1) new share for each five
      (5) old shares, which is to be completed prior to Closing) shares of
      common stock of the Acquirer to be issued and delivered to the Vendors on
      a pro rata basis as the Consideration for the Company Stock;

	 	 	 
	 	(h) 	
      “Affiliate” with respect to any specified Person
      at any time, means each Person directly or indirectly through one or more
      intermediaries controlling, controlled by or under direct or indirect
      common control with such specified Person at such time.

	 	 	 
	 	(i) 	
      “Agreement” means this “Share Exchange Agreement”
      as entered into among the Vendors, the Company and the Acquirer herein,
      together with any amendments thereto and any Schedules as attached
      thereto;

	 	 	 
	 	(j) 	
      “Applicable Securities Laws” means all applicable
      securities laws in all jurisdictions relevant to the issuance of
      securities of the Acquirer pursuant to the terms of this
  Agreement;

	 	 	 
	 	(k) 	
      “Board of Directors” means, as applicable, the
      respective Board of Directors of each of the Parties hereto as duly
      constituted from time to time;

	 	 	 
	 	(l) 	
      “business day” means any day that is not a
      Saturday, Sunday or other day on which commercial banks in New York, New
      York, are authorized or required by law to remain closed;

	 	 	 
	 	(m) 	
      “Business Documentation” means any and all records
      and other factual data and information relating to the Company’s Business
      interests and assets and including, without limitation, all plans,
      agreements and records which are in the possession or control of the
      Vendors or the Company in that respect;

	 	 	 
	 	(n) 	
      “Closing” has the meaning ascribed to it in
      Article “6.1” hereinbelow;

	 	 	 
	 	(o) 	
      “Closing Date” has the meaning ascribed to it in
      Article “6.1” hereinbelow;

4

	 	(p) 	
      “Code” has the meaning ascribed to it in recital
      “E.” hereinabove;

	 	 	 
	 	(q) 	
      “Commission” means the United States Securities
      and Exchange Commission;

	 	 	 
	 	(r) 	
      “Company” means IBASE Technology Private Limited,
      a corporation incorporated and existing under the laws of Singapore, or
      any successor company, however formed, whether as a result of merger,
      amalgamation or other action;

	 	 	 
	 	(s) 	
      “Company’s Assets” means all assets, contracts,
      equipment, goodwill, inventory and Intellectual Property of the
      Company;

	 	 	 
	 	(t) 	
      “Company’s Business” has the meaning ascribed to
      it in recital “B.” hereinabove;

	 	 	 
	 	(u) 	
      “Company’s Financial Statements” has the meaning
      ascribed to it in Article “3.3(bbb)” hereinbelow;

	 	 	 
	 	(v) 	
      “Company Stock” has the meaning ascribed to it in
      recital “C.” hereinabove; the particulars of the registered and beneficial
      ownership of such Company Stock being set forth in Schedule “A” which is
      attached hereto;

	 	 	 
	 	(w) 	
      “Consideration” has the meaning ascribed to it in
      Article “2.2” hereinbelow;

	 	 	 
	 	(x) 	
      “Defaulting Party” and “Non-Defaulting
      Party” have the meanings ascribed to them in Article “13”
      hereinbelow;

	 	 	 
	 	(y) 	
      “Encumbrances” means any lien, claim, charge,
      pledge, hypothecation, security interest, mortgage, title retention
      agreement, option or encumbrance of any nature or kind whatsoever, other
      than: (i) statutory liens for Taxes not yet due and payable and (ii) such
      imperfections of title, easements and encumbrances, if any, that will not
      result in a Material Adverse Effect;

	 	 	 
	 	(z) 	
      “Environmental Laws” means all applicable
      international, federal, provincial, state, municipal and local treaties,
      conventions, laws, statutes, ordinances, by-laws, codes, regulations, and
      all policies, guidelines, standards, orders, directives and decisions
      rendered or promulgated by any ministry, department or administrative or
      regulatory agency or body whatsoever (including international
      organizations formed by or participated in by any national, provincial or
      state government or representatives thereof) relating to fisheries, health
      and safety, the protection or preservation of the environment or the
      manufacture, processing, distribution, use, treatment, storage, disposal,
      discharge, transport or handling of any contaminant, pollutant, dangerous
      substance, liquid waste, industrial waste, hauled liquid waste, toxic
      substance, special waste, hazardous waste, hazardous material or hazardous
      substance as defined in or pursuant to any Environmental Laws, law,
      judgment, decree, order, injunction, rule, statute or regulation of any
      court, arbitrator or governmental authority by which the Company or any of
      the Company’s respective businesses or assets is bound or is subject
      to;

	 	 	 
	 	(aa) 	
      “Environmental Liabilities” means all Liabilities
      of a Person (whether such Liabilities are owed by such Person to
      governmental bodies, third parties or otherwise) whether currently in
      existence or arising hereafter that arise under or relate to any
      Environmental Laws;

5

	 	(bb) 	
      “Exchange Act” means the Securities Exchange Act
      of 1934, as amended;

	 	 	 
	 	(cc) 	
      “Execution Date” means the actual date of the
      complete execution of this Agreement and any amendment thereto by all
      Parties hereto as set forth on the front page hereof;

	 	 	 
	 	(dd) 	
      “GAAP” means United States generally accepted
      accounting principles applied on a consistent basis during the periods
      involved (except (i) as may be otherwise indicated in such financial
      statements or the notes thereto or (ii) in the case of unaudited interim
      statements, to the extent they may not include footnotes or may be
      condensed or summary statements);

	 	 	 
	 	(ee) 	
      “Governmental Body” means any: (i) nation, state,
      county, city, town, village, district, or other jurisdiction of any
      nature; (ii) federal, state, local, municipal, foreign, or other
      government; (iii) governmental or quasi-governmental authority of any
      nature (including any governmental agency, branch, department, official,
      or entity and any court or other tribunal); (iv) multi-national
      organization or body, or; (v) body exercising, or entitled to exercise,
      any administrative, executive, judicial, legislative, police, regulatory,
      or taxing authority or power of any nature;

	 	 	 
	 	(ff) 	
      “Indemnified Party” and “Indemnified
      Parties” have the meanings ascribed to them in Article “8.1”
      hereinbelow;

	 	 	 
	 	(gg) 	
      “Intellectual Property” means all right and
      interest to all patents, patents pending, inventions, know-how, any
      operating or identifying name or registered or unregistered trademarks and
      trade names, all computer programs, licensed end-user software, source
      codes, products and applications (and related documentation and materials)
      and other works of authorship (including notes, reports, other documents
      and materials, magnetic, electronic, sound or video recordings and any
      other work in which copyright or similar right may subsist) and all
      copyrights (registered or unregistered) therein, industrial designs
      (registered or unregistered), franchises, licenses, authorities,
      restrictive covenants or other industrial or intellectual
  property;

	 	 	 
	 	(hh) 	
      “Inventory” means all items of inventory
      notwithstanding how classified in the financial records of a Person,
      including all raw materials, work-in-process, finished goods, supplies,
      spare parts, samples, cores and stores of a Person;

	 	 	 
	 	(ii) 	
      “Liabilities” means, with respect to any Person,
      any liability or obligation of such Person of any kind, character or
      description, whether known or unknown, absolute or contingent, accrued or
      unaccrued, liquidated or unliquidated, secured or unsecured, joint or
      several, due or to become due, vested or unvested, determined,
      determinable or otherwise and whether or not the same is required to be
      accrued on the financial statements of such Person;

	 	 	 
	 	(jj) 	
      “Lien” means, with respect to any asset, any
      mortgage, assignment, trust or deemed trust (whether contractual,
      statutory or otherwise arising), title defect or objection, lien, pledge,
      charge, security interest, hypothecation, restriction, Encumbrance or
      charge of any kind in respect of such assets;

	 	 	 
	 	(kk) 	
      “Material Adverse Effect” when used in connection
      with an entity means any change, event, violation, inaccuracy,
      circumstance or effect that is materially adverse to the business, assets
      (including intangible assets), liabilities, capitalization, ownership,
      financial condition or results of operations of such entity and all of its
      Affiliates, taken as a whole, other than any change, event,
circumstance or effect to the extent resulting from (A) the announcement of the
execution of this Agreement and the transactions contemplated hereby, (B)
changes in legal or regulatory conditions generally affecting the Company’s
Business, except that any change, effect, event or occurrence described in this
subsection (B) will be considered in determining whether there has been, or will
be, a Material Adverse Effect if the same disproportionately affects the Company
or the Business, (C) changes or effects that generally affect the Company’s
Business, (D) changes in general economic conditions or (E) changes in GAAP; 

6

	 	(ll) 	
      “Material Contracts” means those subsisting
      commitments, contracts, instruments, leases and other agreements, oral or
      written, entered into by either the Company or its subsidiaries, by which
      the Company or its subsidiaries are bound or to which they or their
      respective assets are subject which have total payment obligations on the
      part of either the Company or its subsidiaries which exceed $25,000 or are
      for a term of or in excess of one (1) year;

	 	 	 
	 	(mm) 	
      “Organizational Documents” means (a) the articles
      of association, memorandum of association or certificate of incorporation
      and the by-laws or code of regulations of a corporation; (b) the
      partnership agreement and any statement of partnership of a general
      partnership; (c) the limited partnership agreement and the certificate of
      limited partnership of a limited partnership; (d) the articles or
      certificate of formation and operating agreement of a limited liability
      company; (e) any other document performing a similar function to the
      documents specified in clauses (a), (b), (c) and (d) adopted or filed in
      connection with the creation, formation or organization of a Person; and
      (f) any and all amendments to any of the foregoing;

	 	 	 
	 	(nn) 	
      “Parties” or “Party” means, respectively,
      the Vendors, the Company and/or the Acquirer hereto, as the case may be,
      together with their respective successors and permitted assigns as the
      context so requires;

	 	 	 
	 	(oo) 	
      “Permitted Liens” means (i) Liens for Taxes or
      governmental assessments, charges or claims the payment of which is not
      yet due, or for Taxes the validity of which is being contested in good
      faith by appropriate proceedings; (ii) statutory Liens of landlords and
      Liens of carriers, warehousemen, mechanics, materialmen and other similar
      Persons and other Liens imposed by applicable laws incurred in the
      ordinary course of business for sums not yet delinquent or being contested
      in good faith; (iii) Liens relating to deposits made in the ordinary
      course of business in connection with workers’ compensation, unemployment
      insurance and other types of social security or to secure the performance
      of leases, trade contracts or other similar agreements (iv) Liens and
      Encumbrances specifically identified in the balance sheet included in the
      Company’s Financial Statements; (v) Liens securing executory obligations
      under any lease that constitutes an “operating lease” under GAAP;
      provided, however, that, with respect to each of clauses (i) through (v),
      to the extent that any such Encumbrance or Lien arose prior to the date of
      the balance sheet included in the Company’s Financial Statements and
      relates to, or secures the payment of, a Liability that is required to be
      accrued under GAAP, such Encumbrance or Lien shall not be a Permitted Lien
      unless adequate accruals for such Liability have been established therefor
      on such balance sheet in conformity with GAAP;

	 	 	 
	 	(pp) 	
      “Person” includes an individual, corporation, body
      corporate, partnership, joint venture, association, trust or
      unincorporated organization or any trustee, executor, administrator or
      other legal representative thereof;

7

	 	(qq) 	
      “Proceeding” means any action, arbitration, audit,
      hearing, investigation, litigation, or suit (whether civil, criminal,
      administrative, investigative, or informal) commenced, brought, conducted,
      or heard by or before, or otherwise involving, any Governmental Body or
      arbitrator;

	 	 	 
	 	(rr) 	
      “Regulation S” means Regulation S promulgated
      under the Securities Act;

	 	 	 
	 	(ss) 	
      “Rule 144” means Rule 144 under the Securities
      Act, as the same may be amended from time to time, or any successor
      statute.

	 	 	 
	 	(tt) 	
      “Securities Act” means the United States
      Securities Act of 1933, as amended;

	 	 	 
	 	(uu) 	
      “Takeover” means that transaction or series of
      transactions pursuant to which the Acquirer will acquire all of the
      Company Stock of the Company from the Vendors in exchange for the issuance
      by the Acquirer of 14,498,211 shares of common stock of the Acquirer and
      all matters necessarily ancillary thereto;

	 	 	 
	 	(vv) 	
      “Taxes” means all foreign, federal, state or local
      taxes, charges, fees, levies, imposts, duties and other assessments, as
      applicable, including, but not limited to, any income, alternative minimum
      or add-on, estimated, gross income, gross receipts, sales, use, transfer,
      transactions, intangibles, ad valorem, value-added, franchise,
      registration, title, license, capital, paid-up capital, profits,
      withholding, payroll, employment, unemployment, excise, severance, stamp,
      occupation, premium, real property, recording, personal property, federal
      highway use, commercial rent, environmental (including, but not limited
      to, taxes under Section 59A of the Code) or windfall profit tax, custom,
      duty or other tax, governmental fee or other like assessment or charge of
      any kind whatsoever, together with any interest, penalties or additions to
      tax with respect to any of the foregoing; and “Tax” means any of the
      foregoing Taxes;

	 	 	 
	 	(ww) 	
      “Tax Return” means any return, declaration,
      report, claim for refund or credit, information return, statement or other
      similar document filed with any Governmental Body with respect to Taxes,
      including any schedule or attachment thereto, and including any amendment
      thereof.

	 	 	 
	 	(xx) 	
      “Time of Closing” means 2:00 o’clock, p.m. (New
      York City Time) on the Closing Date;

	 	 	 
	 	(yy) 	
      “Transfer Agent” means Quicksilver Stock
      Transfer;

	 	 	 
	 	(zz) 	
      “U.S. Person” has the meaning ascribed thereto in
      Regulation S and set forth on Schedule “B” hereto; and

	 	 	 
	 	(aaa) 	
      “Vendors” means the shareholders of the Company
      who have executed this Agreement as a Party
hereto.

1.2         
Schedules. For the purposes of this Agreement, except as otherwise
expressly provided or unless the context otherwise requires, the following shall
represent the Schedules which are attached to this Agreement and which form a
material part hereof: 

	Schedule 	Description 
	 	 
	Schedule “A”: 	Company Stock and Vendors;

	Schedule “B” 	Certificate of Non-U.S. Shareholder; 
	Schedule “C” 	Financial Statement; 
	Schedule “D” 	Material Contracts; 
	Schedule “E” 	Encumbrances; 
	Schedule “F” 	Pending, Outstanding or Unresolved Claims or
      Grievances; and 
	Schedule “G” 	Banks and Bank Accounts. 

8

1.3         
Interpretation. For the purposes of this Agreement, except
as otherwise expressly provided or unless the context otherwise requires: 

	 	(a) 	
      the words “herein”, “hereof” and “hereunder” and other
      words of similar import refer to this Agreement as a whole and not to any
      particular Article, clause, section or other subdivision or Schedule of
      this Agreement;

	 	 	 
	 	(b) 	
      any reference to an entity shall include and shall be
      deemed to be a reference to any entity that is a permitted successor to
      such entity;

	 	 	 
	 	(c) 	
      words in the singular include the plural and words in the
      masculine gender include the feminine and neuter genders, and vice
      versa;

	 	 	 
	 	(d) 	
      the word “or” is not exclusive and the word “including”
      is not limiting (whether or not non-limiting language such as “without
      limitation” or “but not limited to” or other words of similar import are
      used with reference thereto);

	 	 	 
	 	(e) 	
      where the phrase “to the best of the knowledge of” or
      phrases of similar import are used in this Agreement, it will be a
      requirement that the Person in respect of whom the phrase is used will
      have made such due enquiries as are reasonably necessary to enable such
      Person to make the statement or disclosure; and

	 	 	 
	 	(f) 	
      the parties acknowledge that this Agreement is the
      product of arm’s length negotiation between the parties, each having
      obtained its own independent legal advice, and that this Agreement will be
      construed neither strictly for nor strictly against any party irrespective
      of which party was responsible for drafting this
  Agreement.

Article 2 
EXCHANGE OF SHARES

2.1         
Share Exchange. Subject to the terms and conditions hereof and
based upon the representations and warranties contained in Articles “3” and “4”
hereinbelow and prior satisfaction of the conditions precedent which are set
forth in Article “5” hereinbelow, the Vendors hereby agree to assign, sell and
transfer at the Closing Date (as hereinafter determined) all of their respective
rights, entitlement and interest in and to the Company Stock to the Acquirer and
the Acquirer hereby agrees to acquire all of the Company Stock from the Vendors
on the terms and subject to the conditions contained in this Agreement. 

2.2         
Consideration. The aggregate consideration (the
“Consideration”) for all of the Company Stock will be satisfied by way of
the issuance and delivery by the Acquirer to the Vendors, in accordance with
section “2.3” hereinbelow, of an aggregate of 18,998,211post-reverse stock split
shares of common stock in the capital of the Acquirer (the “Acquirer
Stock”), which will represent approximately sixty-six percent (66%) of the
issued and outstanding shares of common stock of the Acquirer upon Closing on a pro rata basis in accordance with each Vendors
percentage ownership in the Company as set forth in Schedule “A” hereto,
excluding any shares of common stock of the Acquirer to be issued pursuant to
any financing (the “Acquirer Financing”) for working capital purposes
prior to the Closing, which shall be by way of a private placement of up to an
aggregate of 7,000,000 post-reverse stock split restricted shares of common
stock and/or units (each, a “Unit”) of the Acquirer, at a subscription
price of not less than US$0.50 per share or common stock and/or Unit, with each
Unit being comprised of not greater than one share of common stock and one-half
of one share purchase warrant of the Acquirer (each, a “Warrant”) with
each whole Warrant exercisable for one share of common stock (each, a
“Warrant Share”) at not less than US$1.00 per Warrant Share and for not
longer than two years from the date of issuance. The Vendors acknowledge and
agree that the Acquirer Stock is being issued pursuant to an exemption from the
registration requirements of the Securities Act. The Vendors agree to abide by
all applicable resale restrictions and hold periods imposed by Applicable
Securities Laws. The certificate(s) representing the Acquirer Stock to be issued
on Closing will be endorsed with the following legend, pursuant to the
Securities Act, in order to reflect the fact that the Acquirer Stock will be
issued to the Vendors pursuant to an exemption from the registration
requirements of the Securities Act: 

9

  	
      “THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
      BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED
      (THE “U.S. SECURITIES ACT”) OR APPLICABLE STATE SECURITIES LAWS. THEY MAY
      NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT
      PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE U.S. SECURITIES
      ACT AND IN ACCORDANCE WITH ANY APPLICABLE STATE SECURITIES LAWS, OR
      PURSUANT TO AN EXEMPTION OR EXCLUSION FROM REGISTRATION UNDER THE U.S.
      SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS. THE SECURITIES
      REPRESENTED BY THE CERTIFICATE CANNOT BE THE SUBJECT OF HEDGING
      TRANSACTIONS UNLESS SUCH TRANSACTIONS ARE CONDUCTED IN COMPLIANCE WITH THE
      U.S. SECURITIES ACT.” 

2.3         
Restricted Securities. The Vendors acknowledge that the Acquirer
Stock issued pursuant to the terms and conditions set forth in this Agreement
will have such hold periods as are required under Applicable Securities Laws,
and, as a result, may not be sold, transferred or otherwise disposed of, except
pursuant to an effective registration statement or prospectus, or pursuant to an
exemption from, or in a transaction not subject to, the registration or
prospectus requirements of Applicable Securities Laws and in each case only in
accordance with all Applicable Securities Laws.

2.4         
Fractional Securities. Notwithstanding any other provision of this
Agreement, no fractional Acquirer Stock will be issued in the Takeover. In lieu
of any such fractional securities, the Vendors will be entitled to have any such
fraction of one–half or more rounded up to the nearest whole number and any such
fraction of less than one-half rounded down to the nearest whole number of
applicable Acquirer Stock and will receive from the Acquirer a certificate
representing same. 

2.5         
Exemptions. The Vendors acknowledge that the Acquirer has advised
the Vendors that it is issuing the Acquirer Stock to the Vendors under
exemptions from the prospectus and registration requirements of Applicable
Securities Laws and, as a consequence, certain protections, rights and remedies
provided by Applicable Securities Laws, including statutory rights of rescission
or damages, will not be available to the Vendors. To evidence the Vendors’
eligibility for such exemptions, the Vendors agree to deliver a fully completed
and executed Certificate of Non-U.S. Shareholder (the “Certificate”), in
the form attached hereto as Schedule “B” to the Acquirer, and agree that the
representations and warranties set out in the Certificate as executed by the
Vendors will be true and complete on the Closing Date. 

10

2.6         
Section 368 Reorganization. For U.S. federal income tax purposes,
the Takeover is intended to constitute a “reorganization” within the meaning of
Section 368(a) of the Internal Revenue Code of 1986, as amended (the
“Code”). The parties to this Agreement hereby adopt this Agreement as a
“plan of reorganization” within the meaning of Sections 1.368 -2(g) and 1.368
-3(a) of the United States Treasury Regulations. Notwithstanding the foregoing
or anything else to the contrary contained in this Agreement, the parties
acknowledge and agree that no party is making any representation or warranty as
to the qualification of the Takeover as a reorganization under Section 368(a) of
the Code or as to the effect, if any, that any transaction consummated prior to
the Closing Date has or may have on any such reorganization status. The parties
acknowledge and agree that each (i) has had the opportunity to obtain
independent legal and tax advice with respect to the transaction contemplated by
this Agreement, and (ii) is responsible for paying its own Taxes, including
without limitation, any adverse Tax consequences that may result if the
transaction contemplated by this Agreement is not determined to qualify as a
reorganization under Section 368(a) of the Code. 

Article 3 
REPRESENTATIONS, WARRANTIES
AND COVENANTS 
BY THE COMPANY AND THE VENDORS

3.1         
General Representations, Warranties and Covenants by the Company and
the Vendors. In order to induce the Acquirer to
enter into and consummate this Agreement, the Company and the Vendors, severally
but not jointly, represent to, warrant to and covenant with the Acquirer, with
the intent that the Acquirer will rely thereon in entering into this Agreement
and in concluding the transactions contemplated herein, that, to the best of the
knowledge, information and belief of each of the Vendors and the Company, after
having made due inquiry: 

	 	(a) 	
      if a corporation, it is duly organized under the laws of
      its respective jurisdiction of incorporation and is validly existing and
      in good standing with respect to all statutory filings required by the
      applicable corporate laws;

	 	 	 
	 	(b) 	
      it is qualified to do business in those jurisdictions
      where it is necessary to fulfill its obligations under this Agreement and
      it has the full power and authority to enter into this Agreement and any
      agreement or instrument referred to or contemplated by this
    Agreement;

	 	 	 
	 	(c) 	
      it has the requisite power, authority and capacity to own
      and use all of its respective business assets and to carry on its
      respective business as presently conducted by it and to fulfill its
      respective obligations under this Agreement;

	 	 	 
	 	(d) 	
      the execution and delivery of this Agreement and the
      agreements contemplated hereby have been duly authorized by all necessary
      action, corporate or otherwise, on its respective part;

	 	 	 
	 	(e) 	
      there are no other consents, approvals or conditions
      precedent to the performance of this Agreement which have not been
      obtained;

	 	 	 
	 	(f) 	
      this Agreement constitutes a legal, valid and binding
      obligation of it enforceable against it in accordance with its terms,
      except as enforcement may be limited by laws of general application
      affecting the rights of creditors;

11

	 	(g) 	
      no proceedings are pending for, and it is unaware of, any
      basis for the institution of any proceedings leading to its respective
      dissolution or winding up, or the placing of it in bankruptcy or subject
      to any other laws governing the affairs of insolvent companies or
      persons;

	 	 	 
	 	(h) 	
      the making of this Agreement and the completion of the
      transactions contemplated hereby and the performance of and compliance
      with the terms hereof does not and will not:

	 	(i) 	
      if a corporation, conflict with or result in a breach of
      or violate any of the terms, conditions or provisions of its respective
      organizational documents;

	 	 	 
	 	(ii) 	
      conflict with or result in a breach of or violate any of
      the terms, conditions or provisions of any law, judgment, order,
      injunction, decree, regulation or ruling of any Court or governmental
      authority, domestic or foreign, to which it is subject, or constitute or
      result in a default under any agreement, contract or commitment to which
      it is a party;

	 	 	 
	 	(iii) 	
      give to any party the right of termination, cancellation
      or acceleration in or with respect to any agreement, contract or
      commitment to which it is a party;

	 	 	 
	 	(iv) 	
      give to any government or governmental authority, or any
      municipality or any subdivision thereof, including any governmental
      department, commission, bureau, board or administration agency, any right
      of termination, cancellation or suspension of, or constitute a breach of
      or result in a default under, any permit, license, control or authority
      issued to it which is necessary or desirable in connection with the
      conduct and operations of its respective business and the ownership or
      leasing of its respective business assets;

	 	 	 
	 	(v) 	
      constitute a default by it, or any event which, with the
      giving of notice or lapse of time or both, might constitute an event of
      default, under any agreement, contract, indenture or other instrument
      relating to any indebtedness of it which would give any party to that
      agreement, contract, indenture or other instrument the right to accelerate
      the maturity for the payment of any amount payable under that agreement,
      contract, indenture or other instrument; or

	 	 	 
	 	(vi) 	
      result in the imposition or creation of any Encumbrance
      upon or with respect to any of the assets owned or used by the Company or
      its subsidiaries;

	 	(i) 	
      neither this Agreement nor any other document,
      certificate or statement furnished to the Acquirer by or on behalf of any
      of the Vendors or the Company in connection with the transactions
      contemplated hereby knowingly or negligently contains any untrue or
      incomplete statement of material fact or omits to state a material fact
      necessary in order to make the statements therein not misleading which
      would likely affect the decision of the Acquirer to enter into this
      Agreement;

	 	 	 
	 	(j) 	
      this Agreement has been duly authorized, executed and
      delivered by the Vendors and the Company and is a legal, valid and binding
      obligation of each of the Vendors and the Company, enforceable against
      each of the Vendors and/or the Company, as the case may be, by the
      Acquirer in accordance with its terms, except as enforcement may be
      limited by bankruptcy, insolvency and other laws affecting the rights of
      creditors generally and except that equitable remedies may be
granted only in the discretion of a court of competent jurisdiction; 

12

	 	(k) 	
      no person other than the Acquirer has any written or oral
      agreement or option or any right or privilege (whether by law, pre-emptive
      or contractual) capable of becoming an agreement, or option for the
      purchase or acquisition from the Vendors of any of the Company
    Stock;

	 	 	 
	 	(l) 	
      the Company Stock is beneficially owned by the Vendors
      with good and marketable title thereto free of all Encumbrances and is
      registered in the books of the Company in the name of the Vendors and,
      without limitation thereto, none of the Company Stock is subject to any
      voting trust, unanimous shareholders agreement, other shareholders
      agreements, pooling agreements or voting agreements;

	 	 	 
	 	(m) 	
      upon completion of the transactions contemplated by this
      Agreement, all of the Company Stock will be owned by the Acquirer as the
      beneficial owner of record, with good and marketable title thereto (except
      for such Encumbrances as may have been granted by the Acquirer);
  and

	 	 	 
	 	(n) 	
      the Vendors have no information or knowledge of any fact
      not communicated to the Acquirer and relating to the Company or to the
      Company’s Business or to the Company Stock which, if known to the
      Acquirer, might reasonably be expected to deter the Acquirer from entering
      into this Agreement or from completing the transactions contemplated by
      this Agreement.

3.2         
Representations, Warranties and Covenants by the Vendors respecting
the Company Stock and the Acquirer Stock. In order
to induce the Acquirer to enter into and consummate this Agreement, the Vendors,
severally and not jointly, hereby represent to, warrant to and covenant with the
Acquirer, with the intent that the Acquirer will also rely thereon in entering
into this Agreement and in concluding the transactions contemplated herein,
that, to the best of the knowledge, information and belief of the Vendors, after
having made due inquiry: 

	 	(a) 	
      the Vendors have good and marketable title to and are the
      legal and beneficial owner of all of the Company Stock, and each share of
      the Company Stock is fully paid and non- assessable and is free and clear
      of liens, charges, encumbrances, pledges, mortgages, hypothecations,
      security interests and adverse claims of any and all nature whatsoever and
      including, without limitation, options, pre-emptive rights and other
      rights of acquisition in favor of any person, whether conditional or
      absolute;

	 	 	 
	 	(b) 	
      the Vendors have the right, power, authority and capacity
      to own and dispose of the Company Stock, and the Company Stock is not
      subject to any voting or similar arrangement;

	 	 	 
	 	(c) 	
      there are no actions, suits, proceedings or
      investigations (whether or not purportedly against or on behalf of the
      Vendors or the Company), pending or threatened, which may affect, without
      limitation, the rights of the Vendors to transfer any of the Company Stock
      to the Acquirer at law or in equity, or before or by any federal, state,
      provincial, municipal or other governmental department, commission, board,
      bureau, agency or instrumentality, domestic or foreign, and, without
      limiting the generality of the foregoing, there are no claims or potential
      claims under any relevant family relations legislation or other equivalent
      legislation affecting the Company Stock. In addition,
the Vendors are not now aware of any
existing ground on which any such action, suit or proceeding might be commenced
with any reasonable likelihood of success; 

13

	 	(d) 	
      no other person, firm or corporation has any agreement,
      option or right capable of becoming an agreement for the purchase of any
      of the Company Stock;

	 	 	 
	 	(e) 	
      no Person has, or as a result of the transactions
      contemplated herein will have, any right or valid claim against such
      Vendor for any commission, fee or other compensation as a finder or
      broker, or in any similar capacity, and such Vendor will indemnify and
      hold the Acquirer harmless against any liability or expense arising out
      of, or in connection with, any such claim.

	 	 	 
	 	(f) 	
      the Vendors acknowledge that the Acquirer Stock to be
      issued pursuant to this Agreement have not been registered under the
      Securities Act or the securities laws of any state of the U.S. and that
      the Acquirer Stock will be issued in reliance upon an exemption from
      registration afforded under Regulation S for offers and sales of
      securities outside of the U.S., and that, as a result, the Vendors may be
      restricted from using most of the remedies that would otherwise be
      available to the Vendors, the Vendors will not receive information that
      would otherwise be required to be provided to the Vendors and the Acquirer
      is relieved from certain obligations that would otherwise apply to the
      Acquirer, in either case, under applicable securities
  legislation;

	 	 	 
	 	(g) 	
      each Vendor, by its execution of this Agreement,
      severally and not jointly, represents and warrants to the Acquirer that
      such Vendor is not a U.S. Person. Each Vendor severally understands that
      the Acquirer Stock is being offered and sold to such Vendor in reliance
      upon the truth and accuracy of the representations, warranties, covenants,
      agreements, acknowledgements and understanding of such Vendor set forth in
      this Agreement, in order that the Acquirer may determine the applicability
      and availability of the exemptions from registration of the Acquirer Stock
      on which the Acquirer is relying;

	 	 	 
	 	(h) 	
      the Vendors have not received, nor have the Vendors
      requested nor do the Vendors require to receive, any offering memorandum
      or a similar document describing the business and affairs of the Acquirer
      in order to assist the Vendors in entering into this Agreement and in
      consummating the transactions contemplated herein;

	 	 	 
	 	(i) 	
      the Vendors acknowledge and agree that the Acquirer Stock
      has not been and will not be qualified or registered under the securities
      laws of the United States or any other jurisdiction and, as such, the
      Vendors may be restricted from selling or transferring such Acquirer Stock
      under applicable law;

	 	 	 
	 	(j) 	
      the Vendors acknowledge that the certificates
      representing the Acquirer Stock, and each certificate issued in transfer
      thereof, will in addition to the legends set forth under Section “2.2”
      hereinabove, also bear any other legend required under any applicable
      law;

	 	 	 
	 	(k) 	
      the Vendors are resident in the jurisdiction as set forth
      under the Vendors’ address in Schedule “A” which is attached hereto, and
      that all negotiations and other acts in furtherance of the execution and
      delivery of this Agreement by the Vendors in connection with the
      transactions contemplated herein have taken place and will take place
      solely in such jurisdiction; and

14

	 	(l) 	
      the Company Stock has been issued in accordance with all
      applicable securities and corporate legislation and
  policies.

3.3         
Additional Representations, Warranties and Covenants by the
Company. In order to induce the Acquirer to enter into and consummate
this Agreement, the Company hereby represents to, warrants to and covenants with
the Acquirer, with the intent that the Acquirer will also rely thereon in
entering into this Agreement and in concluding the transactions contemplated
herein, that, to the best of the knowledge, information and belief of the
Company, after having made due inquiry: 

Organization and Good Standing

	 	(a) 	
      The Company is duly incorporated and validly existing
      under the laws of Singapore, has all requisite authority and power
      (corporate and other), governmental licenses, authorizations, consents and
      approvals to carry on its business as presently conducted and as
      contemplated to be conducted, to own, hold and operate its properties and
      assets as now owned, held and operated by it, to enter into this
      Agreement, to carry out the provisions hereof except where the failure to
      be so organized, existing and in good standing or to have such authority
      or power will not, in the aggregate, have a Material Adverse Effect. The
      Company is duly qualified, licensed or domesticated as a foreign
      corporation in good standing in each jurisdiction wherein the nature of
      its activities or its properties owned or leased makes such qualification,
      licensing or domestication necessary, except where the failure to be so
      qualified, licensed or domesticated will not have a Material Adverse
      Effect;

	 	 	 
	 	(b) 	
      As of the date hereof, each of the Company’s subsidiaries
      has been duly organized, validly existing and in good standing under the
      laws of its applicable jurisdiction of organization, and have all
      requisite authority and power (corporate and other), governmental
      licenses, authorizations, consents and approvals to carry on their
      respective businesses as presently conducted and to own, hold and operate
      their respective properties and assets as now owned, held and operated,
      except where the failure to be so organized, existing and in good standing
      or to have such authority and power, governmental licenses,
      authorizations, consents or approvals would not have a Material Adverse
      Effect. All registered capital and other capital contributions shall have
      been duly paid up in accordance with any relevant regulations in its
      applicable jurisdiction of organization and requirements and all necessary
      capital verification reports have been duly issued and not
  revoked.

Subsidiaries 

	 	(c) 	
      The Company does not have any subsidiaries and the
      Company does not, directly or indirectly, own any capital stock or other
      securities of, or have any beneficial ownership interest in, or hold any
      equity or similar interest, or have any investment in any corporation,
      limited liability company, partnership, limited partnership, joint venture
      or other company, person or other entity;

Articles of Incorporation and
Bylaws 

	 	(d) 	
      The copies of the Memorandum and Articles of Association
      of the Company, or similar constating documents, adopted on May 13, 1999,
      and the documents which constitute all other Organization Documents of the
      Company, that have been delivered to the Acquirer prior to the execution
      of this Agreement are true and complete and have not
been amended or repealed. The Company is
not in violation or breach of any of the provisions of its Organizational
Documents, except for such violations or breaches as, in the aggregate, will not
have a Material Adverse Effect; 

15

Capitalization 

	 	(e) 	
      The authorized capital stock of the Company consists of
      1,000,000 ordinary shares each with a par value of SGD$1.00, of which
      325,000 shares are issued and outstanding. There are no outstanding or
      authorized options, warrants, calls, purchase agreements, participation
      agreements, subscription rights, conversion rights, exchange rights or
      other securities or contracts that could require the Company to issue,
      sell or otherwise cause to become outstanding any of its authorized but
      unissued shares of capital stock or any securities convertible into,
      exchangeable for or carrying a right or option to purchase shares of
      capital stock or to create, authorize, issue, sell or otherwise cause to
      become outstanding any new class of capital stock. There are no
      outstanding stockholders’ agreements, voting trusts or arrangements,
      registration rights agreements, rights of first refusal or other contracts
      pertaining to the capital stock of the Company. The issuance of all of the
      shares of Company Stock have been in compliance with the laws of
      Singapore. All issued and outstanding shares of the Company’s capital
      stock are duly authorized, validly issued, fully paid and non-assessable
      and have not been issued in violation of any preemptive or similar rights.
      None of the outstanding shares of the Company Stock were issued in
      violation of any applicable corporate or securities legislation or any
      other legal requirements;

	 	 	 
	 	(f) 	
      the Vendors owns and have good marketable title to the
      Company Stock, as the legal and beneficial owners thereof, free of all
      Encumbrances;

Title to Personal Property and
Encumbrances 

	 	(g) 	
      The Company possesses, and has good and marketable title
      to all personal property necessary for the continued operation of the
      Business as presently conducted and as represented to the Acquirer,
      including all assets reflected in the Company’s Financial Statements, or
      acquired since the date of such financial statements. All such property is
      in reasonably good operating condition (normal wear and tear excepted),
      and is reasonably fit for the purposes for which such property is
      presently used. All material equipment, furniture, fixtures and other
      tangible personal property and assets owned or leased by the Company or
      its subsidiary is owned by such free and clear of all Encumbrances, except
      as previously disclosed in writing to the
Acquirer;

Title to Real Property and
Encumbrances 

	 	(h) 	
      The Company possesses, and has good and marketable title
      to all real property and leaseholds or other such interests necessary for
      the continued operation of the Business as presently conducted and as
      represented to the Acquirer, including all assets reflected in the
      Company’s Financial Statements, or acquired since the date of such
      financial statements. All material real property and leaseholds are owned
      or leased by the Company free and clear of all Encumbrances, except as
      previously disclosed in writing to the Acquirer. The Company has delivered
      or made available, or will make available on request, to the Acquirer
      copies of the deeds and other instruments (as recorded) by which the
      Company acquired such real property and interests, and copies of all title
      insurance policies, opinions, abstracts and
surveys in the possession of the Company and relating to such property or
interests;

16

Condition and Sufficiency of
Assets 

	 	(i) 	
      All plant, machinery, facilities and equipment and other
      assets used by the Company in connection with the Business are owned by
      the Company or used by such under valid and subsisting leases, licenses,
      operating agreements or other arrangements and are in good operating
      condition, fit for their intended use and in a good state of maintenance
      and repair for equipment of similar age relative to the standards of
      maintenance and repair maintained by other companies carrying on similar
      business, except for ordinary, routine maintenance and repairs that are
      not material in nature or cost. The building, plants, structures and
      equipment of the Company are sufficient for the continued conduct of the
      Business after the Closing in substantially the same manner as conducted
      prior to the Closing;

Accounts Receivable 

	 	(j) 	
      All accounts receivable of the Company that are reflected
      on the balance sheet included in the Company’s Financial Statements, or on
      the accounting records of the Company as of the Closing Date
      (collectively, the “Accounts Receivable”) have been recorded by the
      Company in accordance with its usual accounting practices consistent with
      prior periods and represent or will represent valid obligations arising
      from sales actually made or services actually performed in the ordinary
      course of business. To the best of the knowledge of the Company, the
      Accounts Receivable are or will be as of the Closing Date current and
      collectible net of the respective reserves shown on the balance sheet
      included in the Company’s Financial Statements, or on the accounting
      records of such company. The reserve taken for doubtful or bad debtor
      accounts is adequate based on the past experience of the Company and is
      consistent with the accounting procedures used in previous fiscal periods.
      There is nothing which would indicate that such reserves are not adequate
      or that a higher reserve should be taken. There is no contest, claim, or
      right of set-off, other than returns in the ordinary course of business,
      under any contract with any obligor of an Account Receivable relating to
      the amount or validity of such Account Receivable;

Material Contracts 

	 	(k) 	
      The Company has made available all the present
      outstanding Material Contracts entered into by the Company in the course
      of carrying on the Business. Except as previously disclosed in writing to
      the Acquirer, the Company is not a party to or bound by any other Material
      Contract, whether oral or written, and the contracts and agreements are
      all valid and subsisting, in full force and effect and unamended, no
      material default or violation exists in respect thereof on the part of the
      Company or, to the best of the knowledge of the Company, on the part of
      any of the other parties thereto. The Company is not aware of any
      intention on the part of any of the other parties thereto to terminate or
      materially alter any such contracts or agreements or any event that with
      notice or the lapse of time, or both, will create a material breach or
      violation thereof or default under any such contracts or agreements. To
      the best knowledge of the Company, the continuation, validity, and
      effectiveness of each Material Contract will in no way be affected by the
      consummation of the transactions contemplated by this Agreement. There
      exists no actual or threatened termination,
cancellation, or limitation of, or any amendment, modification, or change to any
Material Contract;

17

Tax Matters 

	 	(l) 	
      To the knowledge of the Company, the Company has filed or
      caused to be filed all Tax Returns that are or were required to be filed
      by or with respect to it, either separately or as a member of a group of
      corporations, pursuant to all applicable statutes and other legal
      requirements. The Company has made available to the Acquirer copies of all
      such Tax Returns filed by the Company. Except as previously disclosed in
      writing ot the Acquirer, the Company has not given or been requested to
      give waivers or extensions (or is or would be subject to a waiver or
      extension given by any other Person) of any statute of limitations
      relating to the payment by the Company or for which the Company may be
      liable;

	 	 	 
	 	(m) 	
      All Taxes that the Company is or was required to withhold
      or collect have been duly withheld or collected and, to the extent
      required, have been paid to the proper Governmental Body or other
      Person;

	 	 	 
	 	(n) 	
      All Tax Returns filed by (or that include on a
      consolidated basis) the Company is true, correct, and complete. There is
      no tax sharing agreement that will require any payment by the Company
      after the date of this Agreement;

	 	 	 
	 	(o) 	
      The Company has paid all Taxes that have become or are
      due with respect to any period ended on or prior to the date hereof and
      has established an adequate reserve therefore in the Company’s Financial
      Statements, for those Taxes not yet due and payable, except for (i) any
      Taxes the non-payment of which will not have a Material Adverse Effect on
      the Company, and (ii) such Taxes, if any, as are previously disclosed in
      writing to the Acquirer and are being contested in good faith and as to
      which adequate reserves (determined in accordance with GAAP) have been
      provided in the Company’s Financial Statements;

	 	 	 
	 	(p) 	
      The Company is not presently under, or has received
      notice of, any contemplated investigation or audit by any regulatory or
      government agency or body or any foreign, provincial or state taxing
      authority concerning any fiscal year or period ended prior to the date
      hereof;

	 	 	 
	 	(q) 	
      To the Company’s knowledge, the Company’s Financial
      Statements contain full provision for all Taxes including any deferred
      Taxes that may be assessed to the Company;

No Agents 

	 	(r) 	
      The Company warrants to the Acquirer that no broker,
      agent or other intermediary has been engaged by the Company in connection
      with the transactions contemplated hereby and, consequently, no commission
      is payable or due to a third party from the
Company;

Employee Benefit Plans and
Compensation; Employment Matters. 

	 	(s) 	
      For purposes of this Section 3.3, the following terms
      will have the meanings set forth below:

18

	 	(i) 	
      “Employee Plan” refers to any plan, program, policy,
      practice, contract, agreement or other arrangement providing for bonuses,
      severance, termination pay, performance awards, stock or stock-related
      awards, fringe benefits or other employee benefits of any kind, whether
      formal or informal, funded or unfunded and whether or not legally binding,
      and pursuant to which the Company has or may have any material liability
      contingent or otherwise;

	 	 	 
	 	(ii) 	
      “Employee” means any current, former, or retired
      employee, officer, or director of the Company; and

	 	 	 
	 	(iii) 	
      “Employee Agreement” refers to each employment,
      severance, consulting or similar agreement or contract between the Company
      and any Employee;

	 	(t) 	
      The Company has made available to
  Acquirer:

	 	(i) 	
      correct and complete copies of all documents embodying
      each Employee Plan and each Employee Agreement including all amendments
      thereto and copies of all forms of agreement and enrollment used in
      connection therewith;

	 	 	 
	 	(i) 	
      the most recent annual actuarial valuations, if any,
      prepared for each Employee Plan;

	 	 	 
	 	(ii) 	
      if the Employee Plan is funded, the most recent annual
      and periodic accounting of the Employee Plan assets; and

	 	 	 
	 	(iii) 	
      all communications material to any Employee or Employees
      relating to the Employee Plan and any proposed Employee Plan, in each
      case, relating to any amendments, terminations, establishments, increases
      or decreases in benefits, acceleration of payments or vesting schedules or
      other events which would result in any material liability to the
      Company;

	 	(u) 	
      The Company has performed, in all material respects, all
      obligations required to be performed by it under, is not in default or
      violation of, and has no knowledge of any default or violation by another
      party to any Employee Plan, and all Employee Plans have been established
      and maintained in all material respects in accordance with their
      respective terms and in substantial compliance with all applicable laws.
      There are no actions, suits or claims pending, or, to the knowledge of the
      Company, threatened or anticipated (other than routine claims for
      benefits), against any Employee Plan or against the assets of any Employee
      Plan. The Employee Plans can be amended, terminated or otherwise
      discontinued after the Closing in accordance with their terms, without
      liability to the Company, the Acquirer or any Affiliate thereof (other
      than ordinary administration expenses typically incurred in a termination
      event). There are no audits, inquiries or proceedings pending or, to the
      knowledge of the Company, threatened, by any Governmental Body;

	 	 	 
	 	(v) 	
      The execution of this Agreement and the consummation of
      the transactions contemplated hereby will not (either alone or upon the
      occurrence of any additional or subsequent events) constitute an event
      under an Employee Plan, Employee Agreement, trust or loan that will or may
      result in any payment (whether of severance pay or
  otherwise), acceleration, forgiveness of
indebtedness, vesting, distribution, increase in benefits or obligation to fund
benefits with respect to any Employee;

19

	 	(w) 	
      To the knowledge of the Company, the
  Company:

	 	(i) 	
      is in compliance in all material respects with all
      applicable laws respecting employment, employment practices, terms and
      conditions of employment and wages and hours, in each case, with respect
      to Employees;

	 	 	 
	 	(ii) 	
      has withheld all amounts required by law or by agreement
      to be withheld from the wages, salaries and other payments to
      Employees;

	 	 	 
	 	(iii) 	
      is not liable for any arrears of wages or any taxes or
      any penalty for failure to comply with any of the foregoing;

	 	 	 
	 	(iv) 	
      is not liable for any payment to any trust or other fund
      or to any governmental or administrative authority, with respect to
      unemployment compensation benefits, social security or other benefits for
      Employees (other than routine payments to be made in the normal course of
      business and consistent with past practice);

	 	 	 
	 	(v) 	
      has provided the Employees with all wages, benefits,
      stock options, bonuses, incentives and all other compensation that became
      due and payable through the date of the Agreement; and

	 	 	 
	 	(vi) 	
      represents that in the last three (3) years, no citation
      has been issued by any federal, state or provincial occupational safety
      and health board or agency against them and no notice of contest, claim,
      complaint, charge, investigation or other administrative enforcement
      proceeding involving them has been filed or is pending or, to their
      knowledge, threatened, against them under any federal, state or provincial
      occupational safety and health board or any other applicable law relating
      to occupational safety and health;

	 	(x) 	
      No work stoppage, labour strike or other “concerted
      action” involving Employees against the Company is pending or, to the
      knowledge of the Company, threatened. The Company is not involved in nor,
      to the knowledge of such company, threatened with, any labour dispute,
      grievance, or litigation relating to labour, safety or discrimination
      matters involving any Employee, including, without limitation, charges of
      unfair labour practices or discrimination complaints, which, if adversely
      determined, would, individually or in the aggregate, result in a Material
      Adverse Effect on the Company. The Company is not presently, nor have been
      in the past, a party to, or bound by, any collective bargaining agreement
      or union contract with respect to any Employees and no collective
      bargaining agreement is being negotiated. To the knowledge of the Company,
      there are no activities or proceedings of a labour union to organize any
      of the Employees;

	 	 	 
	 	(y) 	
      The Company has disclosed in writing to the Acquirer a
      complete and accurate list of the names of all individuals who are key
      personnel of the Company. The Company is not aware of the intention of any
      key personnel to terminate his or her employment with the
  Company;

20

	 	(z) 	
      Except as previously disclosed in writing to the Acquirer
      and except for claims by Employees under any applicable workers’
      compensation or similar legislation which, if adversely determined, would
      not, either individually or in the aggregate, have a Material Adverse
      Effect on the Company, there are no complaints, claims or charges pending
      or outstanding or, to the best of the knowledge of the Company,
      anticipated, nor are there any orders, decisions, directions or
      convictions currently registered or outstanding by any tribunal or agency
      against or in respect of the Company under or in respect of any employment
      legislation. The Company has disclosed in writing to the Acquirer a list
      of all Employees in respect of whom the Company has been advised by any
      workers compensation or similar authority that such Employees are in
      receipt of benefits under workers’ compensation or similar legislation.
      There are no appeals pending before any workers compensation or similar
      authority involving the Company and all levies, assessments and penalties
      made against the Company pursuant to workers’ compensation or similar
      legislation have been paid. The Company is not aware of any audit
      currently being performed by any workers compensation or similar
      authority, and all payments required to be made in respect of termination
      or severance pay under any employment standards or similar legislation in
      respect of former employees or employees previously disclosed in writing
      to the Acquirer have been made;

Consents 

	 	(aa) 	
      Except as previously disclosed in writing to the
      Acquirer, no authorization, approval, order, license, permit or consent of
      any Governmental Body, regulatory body, agency, other authority or any
      Person, including any governmental department, commission, bureau, board
      or administrative agency or court, and no registration, declaration or
      filing by the Company with any such Governmental Body, regulatory body or
      agency or court is required in order for the Company
to:

	 	(i) 	
      consummate the transactions contemplated by this
      Agreement;

	 	 	 
	 	(ii) 	
      execute and deliver all of the documents and instruments
      to be delivered by the Company under this Agreement;

	 	 	 
	 	(iii) 	
      duly perform and observe the terms and provisions of this
      Agreement; or

	 	 	 
	 	(iv) 	
      render this Agreement legal, valid, binding and
      enforceable;

Compliance with Legal
Requirements 

	 	(bb) 	
      each of the Company and its subsidiaries is, and at all
      times has been, in full compliance with all of the terms and requirements
      of each governmental authorization required for the operation of the
      Business;

	 	 	 
	 	(cc) 	
      no event has occurred or circumstance exists that may
      (with or without notice or lapse of time) constitute or result directly or
      indirectly in a violation of or a failure to comply with any term or
      requirement of any governmental authorization required for the operation
      of the Business or may result directly or indirectly in the revocation,
      withdrawal, suspension, cancellation, or termination of, or any
      modification to, any governmental authorization required for the operation
      of the Business;

21

	 	(dd) 	
      the Company has not received any notice or other
      communication (whether oral or written) from any Governmental Body or any
      other Person regarding any actual, alleged, possible, or potential
      violation of or failure to comply with any term or requirement of any
      governmental authorization, or any actual, proposed, possible, or
      potential revocation, withdrawal, suspension, cancellation, termination
      of, or modification to any governmental authorization;

	 	 	 
	 	(ee) 	
      all applications required to have been filed for the
      renewal of the governmental authorizations required for the operation of
      the Business have been duly filed on a timely basis with the appropriate
      Governmental Bodies, and all other filings required to have been made with
      respect to such governmental authorizations have been duly made on a
      timely basis with the appropriate Governmental
Bodies;

Legal Proceedings 

	 	(ff) 	
      there is no pending
Proceeding:

	 	(i) 	
      that has been commenced by or against the Company or that
      otherwise relates to or may affect the Business, or any of the assets
      owned or used by, the Company; or

	 	 	 
	 	(ii) 	
      that challenges, or that may have the effect of
      preventing, delaying, making illegal, or otherwise interfering with, any
      of the transactions contemplated herein;

	 	(hh) 	
      to the knowledge of the Company, no Proceeding has been
      threatened, and no event has occurred or circumstance exists that may give
      rise to or serve as a basis for the commencement of any such
      Proceeding;

	 	 	 
	 	(ii) 	
      there is no Order to which the Company, the Business, or
      any of the assets owned or used by any of them, is subject; and

	 	 	 
	 	(jj) 	
      no officer, director, agent, or employee of the Company
      or its subsidiaries is subject to any Order that prohibits such officer,
      director, agent, or employee from engaging in or continuing any conduct,
      activity, or practice relating to the Business;

Insurance 

	 	(kk) 	
      all insurance policies to which the Company is a party or
      that provides coverage to the Company, or to any director or officer of
      the Company:

	 	(i) 	
      are valid, outstanding, and enforceable;

	 	 	 
	 	(ii) 	
      are issued by an insurer that is financially sound and
      reputable;

	 	 	 
	 	(iii) 	
      taken together, provide adequate insurance coverage for
      the assets and the operations of the Company for all risks normally
      insured against by a Person carrying on the same business as the
      Company;

	 	 	 
	 	(iv) 	
      are sufficient for compliance with all legal requirements
      and contracts to which the Company is a party or by which it is
    bound;

22

	 	(v) 	
      will continue in full force and effect following the
      consummation of the transactions contemplated herein; and

	 	 	 
	 	(vi) 	
      do not provide for any retrospective premium adjustment
      or other experienced- based liability on the part of the
  Company;

	 	(ll) 	
      The Company has not received (a) any refusal of coverage
      or any notice that a defense will be afforded with reservation of rights,
      or (b) any notice of cancellation or any other indication that any
      insurance policy is no longer in full force or effect or will not be
      renewed or that the issuer of any policy is not willing or able to perform
      its obligations thereunder;

	 	 	 
	 	(mm) 	
      The Company has paid all premiums due, and has otherwise
      performed all of its obligations, under each policy to which the Company
      is a party or that provides coverage to the Company or any director
      thereof;

	 	 	 
	 	(nn) 	
      The Company has given prompt notice to its insurers of
      all claims or possible claims that may be insured by any of its
      policies;

Interested Party Transactions

	 	(oo) 	
      Except as previously disclosed in writing to the
      Acquirer, no officer, director or stockholder of the Company or any
      Affiliate or “associate” (as such term is defined in Rule 405 of the
      Commission under the Securities Act) of any such Person, has or has had,
      either directly or indirectly, (1) an interest in any Person which (a)
      furnishes or sells services or products which are furnished or sold or are
      proposed to be furnished or sold by the Company, or (b) purchases from or
      sells or furnishes to, or proposes to purchase from, sell to or furnish
      the Company any goods or services; or (2) a beneficial interest in any
      contract or agreement to which the Company is a party or by which it may
      be bound or affected;

Bank Accounts and Safe Deposit
Boxes 

	 	(pp) 	
      Schedule “G” discloses the title and number of each bank
      or other deposit or financial account, and each lock box and safety
      deposit box used by the Company, the financial institution at which that
      account or box is maintained and the names of the persons authorized to
      draw against the account or otherwise have access to the account or box,
      as the case may be;

Intellectual Property

	 	(qq) 	
      the Company has provided the Acquirer with a complete and
      accurate list of all Intellectual Property owned or used by the Company in
      carrying on the Company’s Business and all applications therefor and all
      goodwill connected therewith, including, without limitation, all licenses,
      registered user agreements and all like rights used by or granted to the
      Company or its subsidiaries in connection with the Company’s Business and
      all right to register or otherwise apply for the protection on any of the
      foregoing;

23

	 	(rr) 	
      the Intellectual Property comprises all trademarks, trade
      names, business names, patents, inventions, know-how, copyrights, service
      marks, brand marks, industrial designs and all other industrial or
      intellectual property necessary to conduct the Company’s
  Business;

	 	 	 
	 	(ss) 	
      the Company is the beneficial owner of the Intellectual
      Property, free and clear of all Encumbrances, and is not a party to or
      bound by any contract or other obligation whatsoever that limits or
      impairs its ability to sell, transfer, assign or convey, or that otherwise
      affects, the Intellectual Property;

	 	 	 
	 	(tt) 	
      no person has been granted any interest in or right to
      use all or any portion of the Intellectual Property;

	 	 	 
	 	(uu) 	
      the Company is not aware of a claim of any infringement
      or breach of any industrial or Intellectual Property rights of any other
      person by the Company. The Company has not received any notice that the
      conduct of the Company’s Business infringes or breaches any industrial or
      Intellectual Property rights of any other person, and the Company, after
      due inquiry, has no knowledge of any infringement or violation of any of
      their rights or the rights of the Company in the Intellectual
    Property;

	 	 	 
	 	(vv) 	
      the conduct of the Company’s Business does not infringe
      upon the patents, trademarks, licenses, trade names, business names,
      copyright or other industrial or Intellectual Property rights, domestic or
      foreign, of any other Person;

	 	 	 
	 	(ww) 	
      the Company is not aware of any state of facts that casts
      doubt on the validity or enforceability of any of the Intellectual
      Property;

	 	 	 
	 	(xx) 	
      the Company has provided to the Acquirer a true and
      complete copy of all contracts and amendments thereto that comprise or
      relate to the Intellectual Property;

Financial Statements 

	 	(yy) 	
      the Company’s audited Financial Statements for the fiscal
      years ended June 30, 2016 and 2015 and the Company’s unaudited Financial
      Statements for the three (3) and six (6) month periods ended December 31,
      2016 (collectively, the “Company’s Financial Statements”) have been
      or will be prior to Closing prepared in accordance with GAAP by a PCAOB
      registered audit firm, are correct and complete and present fairly the
      assets, liabilities (whether accrued, absolute, contingent or otherwise)
      and financial condition of the Company as at the respective dates of and
      for the respective periods covered by the Company’s Financial
      Statements;

	 	 	 
	 	(zz) 	
      for any period up to the Time of Closing the Company will
      not have any debts or liabilities whatsoever (whether accrued, absolute or
      contingent or otherwise), including any liabilities for federal, state,
      provincial, sales, excise, income, corporate or any other Taxes of the
      Company except for;

	 	(i) 	
      the debts and liabilities disclosed on, provided for or
      included in the balance sheet forming a part of the most recent of the
      Company’s Financial Statements;

	 	 	 
	 	(ii) 	
      debts or liabilities disclosed in this Agreement or any
      Schedule hereto; and

24

	 	(iii) 	
      liabilities incurred by the Company or its subsidiaries
      in the ordinary course of the Company’s Business subsequent to the date of
      the balance sheet referred to in the Company’s Financial
  Statements;

Books and Records 

	 	(aaa) 	
      the books and records of the Company and its subsidiaries
      fairly and correctly set out and disclose, in all material respects, in
      accordance with GAAP, the financial condition of the Company as of the
      date of this Agreement and all material financial transactions of the
      Company and its subsidiaries have been accurately recorded in such books
      and records;

Corporate Records 

	 	(bbb) 	
      the Corporate records and minute books of the Company
      contain complete and accurate minutes, (duly signed by the chairman and/or
      secretary of the appropriate meeting) of all meetings of the directors and
      shareholders of the Company since its date of incorporation;

	 	 	 
	 	(ccc) 	
      the share certificate records, the securities register,
      the register of disclosures , the register of directors and officers for
      the Company are contained in the corporate minute book and are complete
      and accurate in all respects;

Directors and Officers

	 	(ddd) 	
      the present directors and officers of the Company are as
      follows:

	 	Name 	Position 
	 	  	  
	 	Ernest Kok-Yong Ong 	Managing Director 
	 	Willie Lian 	Director 
	 	Foot Hin Wong 	Secretary 

Environmental Matters

	 	(eee) 	
      The Company has obtained all approvals, authorizations,
      certificates, consents, licences, orders and permits or other similar
      authorizations of all Governmental Bodies, or from any other Person, that
      are required under any Environmental Laws;

	 	 	 
	 	(fff) 	
      The Company is in compliance with all material terms and
      conditions of all approvals, authorizations, certificates, consents,
      licences, orders and permits or other similar authorizations of all
      Governmental Bodies required under all Environmental Laws. The Company is
      also in compliance with all other limitations, restrictions, conditions,
      standards, requirements, schedules and timetables required or imposed
      under all Environmental Laws;

	 	 	 
	 	(ggg) 	
      There are no past or present events, conditions,
      circumstances, incidents, actions or omissions that constituted,
      constitute or may, after the Closing, constitute a violation by the
      Company of any Environmental Law or that may give rise to any
      Environmental Liabilities of the Company, or otherwise form the basis of
      any claim, action, demand, suit, Proceeding, hearing, study or
      investigation relating to or in any way affecting the Company (i) under
      any Environmental Laws or (ii) based on or related to
the manufacture, processing, distribution,
use, treatment, storage (including underground storage), disposal, transport,
handling, emission, discharge, release or threatened release of any
contaminants;

25

	 	(hhh) 	
      Copies of all environmental audits, environmental
      assessments and environmental studies or evaluations related in any way to
      the Company or the operation of the Business done by or on behalf of the
      Company or any other Person have been provided to Acquirer;

	 	 	 
	 	(iii) 	
      Except as has been previously disclosed in writing to the
      Acquirer:

	 	(i) 	
      the Company has not been charged with or convicted of an
      offence for non- compliance with or breach of any Environmental Laws or
      fined or otherwise sentenced for non-compliance with or breach of any
      Environmental Laws or settled any prosecution short of conviction for
      non-compliance with or breach of any Environmental Laws;

	 	 	 
	 	(ii) 	
      the Company has not caused or permitted, and neither has
      any knowledge of, the release or disposal of any contaminant on, from,
      under or to the premises or of any release or disposal from any facility
      owned or operated by any other Person for which the Company may have any
      liability; and

	 	 	 
	 	(iii) 	
      all contaminants generated, handled, stored, treated,
      processed, transported or disposed of by or on behalf of the Company has
      been generated, handled, stored, treated, processed, transported or
      disposed of in compliance with all applicable Environmental
  Laws;

Accuracy of Warranties

	 	(jjj) 	
      neither this Agreement nor any document, schedule, list,
      certificate, declaration under oath or written statement now or hereafter
      furnished by the Vendors or the Company to the Acquirer in connection with
      the transactions contemplated by this Agreement contains or will contain
      any untrue statement or representation of a material fact on the part of
      the Vendors or the Company, or omits or will omit on behalf of the Vendors
      or the Company to state a material fact necessary to make any such
      statement or representation therein or herein contained not
    misleading.

3.4         
Survival of the Representations, Warranties and Covenants by each of the
Vendors and the Company. To the extent they have
not been fully performed at or prior to the Time of Closing, each and every
representation and warranty of the Vendors or the Company contained in this
Agreement and any agreement, instrument, certificate or other document executed
or delivered pursuant to this Agreement shall: 

	 	(a) 	
      be true and correct on and as of the Closing Date with
      the same force and effect as though made or given on the Closing
    Date;

	 	 	 
	 	(b) 	
      remain in full force and effect notwithstanding any
      investigations conducted by or on behalf of the Acquirer; and

	 	 	 
	 	(c) 	
      survive the completion of the transactions contemplated
      by this Agreement until the second anniversary of the Closing Date and
      shall continue in full force and effect for the benefit of the Acquirer
      during that period, except that:

26

	 	(i) 	
      the representations and warranties set out in section
      3.2(a) to and including 3.2(l) and 3.3(e) and 3.3(f) above shall survive
      and continue in full force and effect without limitation of
time;

	 	 	 
	 	(ii) 	
      the representations, warranties and covenants set out in
      section 3.3(l) to and including 3.3(q) above shall survive and continue in
      full force and effect during the applicable statute of limitations periods
      with respect thereto; and

	 	 	 
	 	(iii) 	
      a claim for any breach of any of the representations and
      warranties contained in this Agreement or in any agreement, instrument,
      certificate or other document executed or delivered pursuant hereto
      involving fraud or fraudulent misrepresentation may be made at any time
      following the Closing Date, subject only to applicable limitation periods
      imposed by law.

	 	(d) 	
      to the extent they have not been fully performed at or
      prior to the Time of Closing, each and every covenant of the Vendors and
      the Company contained in this Agreement and any agreement, instrument,
      certificate or other document executed or delivered pursuant to this
      Agreement shall survive the completion of the transactions contemplated by
      this Agreement and, notwithstanding such completion, shall continue in
      full force and effect for the benefit of the
Acquirer.

Article 4 
WARRANTIES, REPRESENTATIONS
AND COVENANTS BY THE ACQUIRER 

4.1         
Warranties, Representations and Covenants by the Acquirer. In
order to induce the Vendors and the Company to enter into and consummate this
Agreement, the Acquirer hereby warrants to, represents to and covenants with
each of the Vendors and the Company, with the intent that each of the Vendors
and the Company will rely thereon in entering into this Agreement and in
concluding the transactions contemplated herein, that, to the best of the
knowledge, information and belief of the Acquirer, after having made due
inquiry: 

Organization and Good Standing

	 	(a) 	
      The Acquirer is a corporation duly organized, validly
      existing, and in good standing under the laws of its jurisdiction of
      incorporation, with full corporate power, authority and capacity to
      conduct its business as presently conducted, to own or use the properties
      and assets that it purports to own or use, and to perform all its
      obligations under any applicable contracts.

Authorization 

	 	(b) 	
      this Agreement has been duly authorized, executed and
      delivered by the Acquirer and is a legal, valid and binding obligation of
      the Acquirer, enforceable against the Acquirer, as the case may be, by the
      Vendors and/or the Company in accordance with its terms, except as
      enforcement may be limited by bankruptcy, insolvency and other laws
      affecting the rights of creditors generally and except that equitable
      remedies may be granted only in the discretion of a court of competent
      jurisdiction;

27

Capitalization 

	 	(c) 	
      The entire authorized capital stock of the Acquirer
      consists of 1,100,000,000 shares of common stock with a par value of
      $0.001 per share. As of the date of this Agreement, there are 48,327,371
      shares of common stock issued and outstanding. Except for the Acquirer
      Stock and except as set out in this Agreement, there are no outstanding
      options, warrants, subscriptions, conversion rights, or other rights,
      agreements, or commitments obligating the Acquirer to issue any additional
      shares of common stock of the Acquirer, or any other securities
      convertible into, exchangeable for, or evidencing the right to subscribe
      for or acquire from the Acquirer any shares of common stock of the
      Acquirer. There are no agreements purporting to restrict the transfer of
      any of the issued and outstanding shares of common stock of the Acquirer,
      no voting agreements, shareholders’ agreements, voting trusts, or other
      arrangements restricting or affecting the voting of any of the shares of
      common stock of the Acquirer to which the Acquirer is a party or of which
      the Acquirer is aware.

Validity of Acquirer Stock
Issuable Upon the Transaction 

	 	(f) 	
      The Acquirer Stock to be issued to the Vendors at Closing
      will, upon issuance, have been duly and validly authorized and, the
      Acquirer Stock when so issued in accordance with the terms of this
      Agreement, will be duly and validly issued, fully paid and non-
      assessable.

Non-Contravention 

	 	(g) 	
      Neither the execution, delivery and performance of this
      Agreement, nor the consummation of the transactions contemplated herein,
      will:

	 	(i) 	
      conflict with, result in a violation of, cause a default
      under (with or without notice, lapse of time or both) or give rise to a
      right of termination, amendment, cancellation or acceleration of any
      obligation contained in or the loss of any material benefit under, or
      result in the creation of any Lien, security interest, charge or
      Encumbrance upon any of the material properties or assets of the Purchaser
      under any term, condition or provision of any loan or credit agreement,
      note, debenture, bond, mortgage, indenture, lease or other agreement,
      instrument, permit, license, judgment, Order, decree, statute, law,
      ordinance, rule or regulation applicable to the Purchaser or its material
      property or assets;

	 	 	 
	 	(ii) 	
      violate any provision of the Organizational Documents of
      the Acquirer or any applicable laws; or

	 	 	 
	 	(iii) 	
      violate any order, writ, injunction, decree, statute,
      rule, or regulation of any court or Governmental Body applicable to the
      Acquirer or any of its material property or
assets;

Corporate Records of the Acquirer

	 	(h) 	
      The corporate records of the Acquirer, as required to be
      maintained by it pursuant to the laws of the State of Nevada, are
      accurate, complete and current in all material respects, and the minute
      books of the Acquirer are, in all material respects, correct and contain
      all material records required by the laws
of the State of Nevada in regards to all proceedings, consents, actions and
meetings of the shareholders and the board of directors of the Acquirer;

28

Actions and Proceedings

	 	(i) 	
      to the best knowledge of the Acquirer, there is no basis
      for and there is no claim, charge, arbitration, grievance, action, suit,
      judgment, demand, investigation or Proceeding by or before any court,
      arbiter, administrative agency or other Governmental Body now outstanding
      or pending or, to the best knowledge of the Acquirer, threatened against
      or affecting the Acquirer which involves any of the business, property or
      assets of the Acquirer that, if adversely resolved or determined, would
      have a Material Adverse Effect on the Acquirer. There is no reasonable
      basis for any claim or action that, based upon the likelihood of its being
      asserted and its success if asserted, would have a Material Adverse Effect
      on the Acquirer;

Absence of Rights to Acquire
Securities 

	 	(j) 	
      no person has any agreement or option or any right or
      privilege (whether by law, pre- emptive or contractual) capable of
      becoming an agreement, including convertible securities, warrants or
      convertible obligations of any nature, for the purchase, subscription,
      allotment or issuance of any unissued shares or other securities of the
      Acquirer;

Filings, Consents and Approvals

	 	(k) 	
      Except for the requirement of the Acquirer to have its
      shares of common stock reigstered pursuant to Section 12(g) of the
      Exchange Act through the filing a Form 10 registration statement with the
      Commission prior to Closing, no filing or registration with, no notice to
      and no permit, authorization, consent, or approval of any public or
      Governmental Body or any other Person is necessary for the consummation by
      the Acquirer of the transactions contemplated herein or to continue to
      conduct its business after the Closing Date in a manner which is
      consistent with that in which it is presently
conducted;

Directors and Officers

	 	(l) 	
      the present directors and officers of the Acquirer are as
      follows:

	 	Name 	Position 
	 	  	  
		William Goh 	President, CEO, CFO, Treasurer & Director
    
	 	 	 
	 	Alan Goh 	Secretary and Director 

29

No Agent 

	 	(m) 	
      the Acquirer warrants to the Vendors that no broker,
      agent or other intermediary has been engaged by the Acquirer in connection
      with the transactions contemplated hereby, and consequently, no commission
      is payable or due to a third party from the
Acquirer;

No Listing 

	 	(n) 	
      the Acquirer is not currently listed or quoted on any
      U.S. stock exchange or over-the- counter market;

Certain Transactions 

	 	(o) 	
      the Acquirer is not a guarantor or indemnitor of any
      indebtedness of any Person;

Taxes 

	 	(p) 	
      As of the date hereof:

	 	(i) 	
      the Acquirer has timely filed all tax returns, if any
      were filed, in connection with any Taxes which are required to be filed on
      or prior to the date hereof, taking into account any extensions of the
      filing deadlines which have been validly granted to it, and

	 	 	 
	 	(ii) 	
      all such returns, if any were filed, are true and correct
      in all material respects;

	 	(q) 	
      the Acquirer has paid all Taxes that have become or are
      due with respect to any period ended on or prior to the date hereof and
      plans to establish an adequate reserve for those Taxes not yet due and
      payable, except for any Taxes the non-payment of which will not have a
      Material Adverse Effect on the Acquirer;

	 	 	 
	 	(r) 	
      the Acquirer is not presently under and has not received
      notice of, any contemplated investigation or audit by any regulatory or
      government agency or body or any foreign or state taxing authority
      concerning any fiscal year or period ended prior to the date
  hereof;

	 	 	 
	 	(s) 	
      all Taxes required to be withheld on or prior to the date
      hereof from employees for income Taxes, social security Taxes,
      unemployment Taxes and other similar withholding Taxes have been properly
      withheld and, if required on or prior to the date hereof, have been
      deposited with the appropriate Governmental Body;

	 	 	 
	 	(t) 	
      to the best knowledge of the Acquirer, the Acquirer’s
      financial statements which will be contained in the Form 10 registration
      statement to be filed with the Commission will contain full provision for
      all Taxes including any deferred Taxes that may be assessed to the
      Acquirer for the most recent accounting period ended and filed with the
      Commission or for any prior period in respect of any transaction, event or
      omission occurring, or any profit earned, on or prior to the most recent
      accounting period ended and filed with the Commission or for which the
      Acquirer is accountable up to such date and all contingent Liabilities for
      Taxes have been provided for or disclosed in the Acquirer’s financial
      statements;

30

Commission Documents; Undisclosed
Liabilities 

	 	(u) 	
      the Acquirer’s shares of common stock is not currently
      registered pursuant to Section 12(g) of the Exchange Act;

	 	 	 
	 	(v) 	
      all documents to be filed by the Acquirer with the
      Commission will comply in all material respects with the requirements of
      the Exchange Act and the rules and regulations of the Commission
      promulgated thereunder applicable to the documents filed by the Acquirer.
      The financial statements of Acquirer to be included in the form 10
      registration statement to be filed with the Commission will comply as to
      form in all material respects with applicable accounting requirements and
      the published rules and regulations of the Commission with respect
      thereto, and will be prepared in accordance GAAP (except, in the case of
      unaudited statements, as permitted by the rules and regulations of the
      Commission) applied on a consistent basis during the periods involved
      (except as may be indicated in the notes thereto) and will fairly present
      the financial position of Acquirer as of the dates thereof and the results
      of its operations and cash flows for the periods shown (subject, in the
      case of unaudited statements, to normal year- end audit
    adjustments);

	 	 	 
	 	(w) 	
      except as previously disclosed in writing to the Company
      and as will be set forth in the financial statements of the Acquirer to be
      filed with the Form 10 registration statement, the Acquirer has no
      liabilities or obligations of any nature (whether accrued, absolute,
      contingent or otherwise) required by GAAP to be set forth on a balance
      sheet of Acquirer or in the notes thereto that are not so set forth. As of
      the date hereof and up to the Time of Closing the Acquirer will not have
      any debts or liabilities whatsoever (whether accrued, absolute, contingent
      or otherwise), including any liabilities for federal, state, provincial,
      sales, excise, income, corporate or any other taxes of the Acquirer except
      for;

	 	(i) 	
      the debts and liabilities disclosed on, provided for or
      included in the documents filed by the Acquirer with the
  Commission;

	 	 	 
	 	(ii) 	
      debts or liabilities disclosed in this Agreement or any
      Schedule hereto; and

	 	 	 
	 	(iii) 	
      liabilities incurred by the Acquirer in the ordinary
      course of business, and in relation to this Agreement subsequent to the
      date of the most recent balance sheet to be filed with the Acquirer’s Form
      10 registration statement to be filed with the
  Commission;

Benefit Plans 

	 	(x) 	
      Other than an existing stock option and incentive plan,
      the Acquirer does not have or maintain any collective bargaining agreement
      or any bonus, pension, profit sharing, deferred compensation, incentive
      compensation, stock ownership, stock purchase, stock option, phantom
      stock, retirement, vacation, severance, disability, death benefit,
      hospitalization, medical or other plan, arrangement or understanding
      (whether or not legally binding) providing benefits to any current or
      former employee, officer or director of Acquirer. As of the date of this
      Agreement there are not any employment, consulting, indemnification,
      severance or termination agreements or arrangements between Acquirer and
      any current or former employee, officer or director of Acquirer, nor does
      Acquirer have any general severance plan or
policy;

31

Compliance with Applicable Laws

	 	(y) 	
      Acquirer is in compliance with all applicable laws,
      including those relating to occupational health and safety and the
      environment, except for instances of noncompliance that, individually and
      in the aggregate, have not had and would not reasonably be expected to
      have a Material Adverse Effect to the Acquirer. The Acquirer has not
      received any written communication during the past two years from a
      governmental entity that alleges that Acquirer is not in compliance in any
      material respect with any applicable law. This Section 4.1(y) does not
      relate to matters with respect to Taxes, which are the subject of Sections
      4.1(p) through 4.1(t);

Contracts 

	 	(z) 	
      except as disclosed in the Form 10 registration statement
      to be filed by the Acquirer with the Commission, there are no contracts
      that are material to the business, properties, assets, condition
      (financial or otherwise), results of operations or prospects of the
      Acquirer. Acquirer is not in violation of or in default under (nor does
      there exist any condition which upon the passage of time or the giving of
      notice would cause such a violation of or default under) any contract to
      which it is a party or by which it or any of its properties or assets is
      bound, except for violations or defaults that would not, individually or
      in the aggregate, reasonably be expected to result in a Material Adverse
      Effect to the Acquirer;

Real, Personal and Intellectual
Property 

	 	(aa) 	
      Acquirer does not own any real or personal
    property;

	 	 	 
	 	(bb) 	
      there are no claims pending or, to the knowledge of
      Acquirer, threatened that Acquirer is infringing or otherwise adversely
      affecting the rights of any person with regard to any Intellectual
      Property right;

Certain Registration Matters

	 	(cc) 	
      the Acquirer has not granted or agreed to grant to any
      person any rights (including “piggy-back” registration rights) to have any
      securities of Acquirer registered with the Commission or any other
      governmental authority that have not been
satisfied;

Preservation of Business

	 	(dd) 	
      from the date of this Agreement until the Closing Date,
      the Acquirer shall operate only in the ordinary and usual course of
      business consistent with past practices, provided, however, that the
      Acquirer shall not issue any securities without the prior written consent
      of the Company, except in connection with any equity financing for working
      capital purposes and the Closing of this
Agreement.

Full Disclosure 

	 	(ee) 	
      the Acquirer has no information or knowledge of any fact
      not communicated to the Vendors and the Company and relating to the
      Acquirer or to the Acquirer’s business or to its issued and outstanding
      securities which, if known to the Vendors and/or the Company, might
      reasonably be expected to deter the Vendors and/or the Company
  from entering into this Agreement or from
completing the transactions contemplated by this Agreement;

32

4.2         
  Survival of the Representations, Warranties and Covenants by the
  Acquirer. To the extent they have not been fully performed at or
  prior to the Time of Closing, each representation and warranty of the Acquirer
  contained in this Agreement or in any document, instrument, certificate or
undertaking given pursuant hereto shall: 

	 	(a) 	
      be true and correct on and as of the Closing Date with
      the same force and effect as though made or given on the Closing
    Date;

	 	 	 
	 	(b) 	
      remain in full force and effect notwithstanding any
      investigations conducted by or on behalf of the Company and/or Vendors,
      and

	 	 	 
	 	(c) 	
      survive the completion of the transactions contemplated
      by this Agreement until the second anniversary of the Closing Date and
      shall continue in full force and effect for the benefit of the Vendors and
      the Company during that period, except that a claim for any breach of any
      of the representations and warranties contained in this Agreement or in
      any agreement, instrument, certificate or other document executed or
      delivered pursuant hereto involving fraud or fraudulent misrepresentation
      may be made at any time following the Closing Date, subject only to
      applicable limitation periods imposed by law.

	 	 	 
	 	(d) 	
      To the extent they have not been fully performed at or
      prior to the Time of Closing, each and every covenant of the Acquirer
      contained in this Agreement and any agreement, instrument, certificate or
      other document executed or delivered pursuant to this Agreement shall
      survive the completion of the transactions contemplated by this Agreement
      and, notwithstanding such completion, shall continue in full force and
      effect for the benefit of the Vendors and the
Company.

Article 5 
CONDITIONS PRECEDENT TO
CLOSING 

5.1         
Parties’ Conditions Precedent prior to the Closing Date. All of
the rights, duties and obligations of each of the Parties hereto under this
Agreement are subject to the following conditions precedent for the exclusive
benefit of each of the Parties to be fulfilled in all material aspects in the
reasonable opinion of each of the Parties or to be waived by each or any of the
Parties, as the case may be, as soon as possible after the Execution Date;
however, unless specifically indicated as otherwise, not later than the Time of
Closing: 

	 	(a) 	
      the specific ratification of the terms and conditions of
      this Agreement by the Board of Directors of the Acquirer within five
      business days of the due and complete execution of this Agreement by each
      of the Parties hereto (the “Acquirer’s Ratification”);

	 	 	 
	 	(b) 	
      the completion by the Acquirer of an initial due
      diligence and operations review of the Company’s Business and operations
      within twenty-five calendar days after the Acquirer’s Ratification (the
      “Acquirer’s Initial Due Diligence”);

5.2         
Parties’ Waiver of Conditions Precedent. The conditions precedent
set forth in section “5.1” hereinabove are for the exclusive benefit of each of
the Parties hereto and may be waived by each of the Parties in writing and in
whole or in part at or prior to the Time of Closing. 

33

5.3         
The Vendors’ and the Company’s Conditions Precedent. The
acquisition of the Company Stock is subject to the following terms and
conditions for the exclusive benefit of the Vendors and the Company, to be
fulfilled or performed at or prior to the Time of Closing: 

	 	(a) 	
      the representations and warranties of the Acquirer
      contained in this Agreement shall be true and correct in all material
      respects at the Time of Closing, with the same force and effect as if such
      representations and warranties were made at and as of such time;

	 	 	 
	 	(b) 	
      all of the terms, covenants and conditions of this
      Agreement to be complied with or performed by the Acquirer at or before
      the Time of Closing shall have been complied with or performed in all
      material respects;

	 	 	 
	 	(c) 	
      the Acquirer shall have completed a reverse stock split
      of its authorized and issued and outstanding shares of common stock on a
      basis of one (1) new share for each five (5) old shares;

	 	 	 
	 	(d) 	
      the Acquirer shall have filed a Form 10 registration
      statement with the Commission to have its shares of common stock
      registered pursuant to Section 12(g) of the Exchange Act and the Acquirer
      shall be subject to reporting requirements pursuant to Section 13(a) of
      the Exchange Act;

	 	 	 
	 	(e) 	
      there shall have been obtained, from all appropriate
      federal, provincial, municipal or other governmental or administrative
      bodies, such licenses, permits, consents, approvals, certificates,
      registrations and authorizations as are required by law, if any, to be
      obtained by the Acquirer to permit the issuance of the Acquirer Stock to
      the Vendors contemplated hereby;

	 	 	 
	 	(d) 	
      no legal or regulatory action or proceeding shall be
      pending or threatened by any Person to enjoin, restrict or prohibit the
      acquisition of the Company Stock contemplated hereby;

	 	 	 
	 	(e) 	
      the Acquirer shall have delivered (i) a letter of
      resignation from Alan Goh from the positions of Secretary and Director of
      the Acquirer, and (ii) a letter or resignation from William Goh from the
      positions of President, Chief Executive Officer, Chief Financial Officer
      and Treasurer, with all such resignations being effective upon the
      Closing;

	 	 	 
	 	(f) 	
      the Acquirer shall have delivered evidence of the due
      appointment of Ernest Kok-Yong Ong as the President and Chief Executive
      Officer of the Acquirer and Willie Lian as the Chief Financial Officer,
      Treasurer and Secretary of the Acquirer, all to be effective upon the
      Closing; and

	 	 	 
	 	(g) 	
      on or prior to the Closing, the Acquirer shall take all
      action necessary to (i) cause the number of directors that will comprise
      the full Board of Directors of the Acquirer effective as of immediately
      following the Closing to be fixed at three, (ii) cause the Board of
      Directors of the Acquirer effective as of immediately following the
      Closing to consist of Ernest Kok-Yong Ong, Willie Lian and William Goh,
      and (iii) cause the individuals identified or designated pursuant to the
      preceding clause (ii) to be appointed to the Board of Directors of the
      Acquirer effective as of immediately following the
  Closing;

  If
any of the conditions contained in this section 5.3 shall not be performed or
fulfilled at or prior to the Time of Closing to the satisfaction of the Vendors
and the Company, acting reasonably, the Vendors and/or the Company may, by notice to the Acquirer, terminate
this Agreement and the obligations of the Vendors, the Company and the Acquirer
under this Agreement, other than the obligations contained in Article 10
hereinbelow, shall be terminated, provided that the Vendors and the Company may
also bring an action pursuant to Article 9 against the Acquirer for damages
suffered by the Vendors and/or the Company where the non-performance or
non-fulfillment of the relevant condition is as a result of a breach of
covenant, representation or warranty by the Acquirer. Any such condition may be
waived in whole or in part by the Vendors and the Company in writing without
prejudice to any claims it may have for breach of covenant, representation or
warranty. 

34

5.4         
  Acquirer’s Conditions Precedent prior to the Closing Date. The
  acquisition of the Company Stock is subject to the following terms and
  conditions for the exclusive benefit of the Acquirer, to be fulfilled or
performed at or prior to the Time of Closing: 

	 	(a) 	
      the representations and warranties of the Vendors and the
      Company contained in this Agreement shall be true and correct at the Time
      of Closing, with the same force and effect as if such representations and
      warranties were made at and as of such time;

	 	 	 
	 	(b) 	
      approval of the board of directors of each of the
      Acquirer, the Company and any corporate Vendors being obtained;

	 	 	 
	 	(c) 	
      the Acquirer shall have received a copy of the Company’s
      Financial Statements from the Company and the Acquirer and its accountants
      will be reasonably satisfied with their review of the Company’s Financial
      Statements;

	 	 	 
	 	(d) 	
      all of the terms, covenants and conditions of this
      Agreement to be complied with or performed by the Vendors and the Company
      at or before the Time of Closing shall have been complied with or
      performed;

	 	 	 
	 	(e) 	
      there shall have been obtained, from all appropriate
      federal, provincial, municipal or other governmental or administrative
      bodies, such licenses, permits, consents, approvals, certificates,
      registrations and authorizations as are required to be obtained, if any,
      by the Vendors and the Company to permit the change of ownership of the
      Company Stock contemplated hereby;

	 	 	 
	 	(f) 	
      there shall have been no material adverse changes in the
      condition (financial or otherwise), assets, liabilities, operations,
      earnings, the Company’s Business or prospects of the Company since the
      date of the Company’s Financial Statements;

	 	 	 
	 	(g) 	
      the Acquirer will be reasonably satisfied that its due
      diligence, analysis and other customary examinations that it has performed
      regarding the Company and its subsidiaries, the financial position of the
      Company and its subsidiaries and the Company’s Business are consistent, in
      all material respects, with the representations and warranties of the
      Vendors and the Company set forth in this Agreement;

	 	 	 
	 	(h) 	
      no legal or regulatory action or proceeding shall be
      pending or threatened by any Person to enjoin, restrict or prohibit the
      acquisition of the Company Stock contemplated hereby;

	 	 	 
	 	(i) 	
      no claim will have been asserted or made that any Person
      (other than the Acquirer) is the holder or the beneficial owner of, or has
      the right to acquire or to obtain beneficial ownership of, any of the
      Company Stock, or any other voting, equity, or
ownership interest in, the Company, or (other
than the Vendors) is entitled to all or any portion of the Acquirer Stock;

35

	 	(j) 	
      no material damage by fire or other hazard to the whole
      or any material part of the property or assets of the Company shall have
      occurred from the date hereof to the Time of
Closing;

  If
any of the conditions contained in this section 5.4 shall not be performed or
fulfilled at or prior to the Time of Closing to the satisfaction of the
Acquirer, acting reasonably, the Acquirer may, by notice to the Vendors and the
Company, terminate this Agreement and the obligations of the Vendors, the
Company and the Acquirer under this Agreement, other than the obligations set
forth in Article 10, shall be terminated, provided that the Acquirer may also
bring an action pursuant to Article 9 against the Vendors and/or the Company for
damages suffered by the Acquirer where the non-performance or non-fulfillment of
the relevant condition is as a result of a breach of covenant, representation or
warranty by the Vendors or the Company. Any such condition may be waived in
whole or in part by the Acquirer without prejudice to any claims it may have for
breach of covenant, representation or warranty. 

Article 6 
CLOSING AND EVENTS OF
CLOSING 

6.1         
Closing and Closing Date. The closing (the “Closing”) of
the acquisition of the Company Stock, as contemplated in the manner as set forth
in Article “2” hereinabove, together with all of the transactions contemplated
by this Agreement shall occur on March 15, 2017 (the “Closing Date”), or
on such earlier or later Closing Date as may be agreed to in advance and in
writing by each of the Parties hereto, and will be closed at the offices of
solicitors for the Acquirer, McMillan LLP, 1055 West Georgia Street, Suite 1500,
Vancouver, BC, Canada, V6E 4N7, at 11:00 am (Vancouver time) on the Closing
Date. 

6.2         
Latest Closing Date. If the Closing Date has not occurred by March
31, 2017 subject to an extension as may be mutually agreed to by the Parties for
a maximum of 15 days per extension, then the Acquirer and the Vendors shall each
have the option to terminate this Agreement by delivery of written notice to the
other Party. Upon delivery of such notice, this Agreement shall cease to be of
any force and effect except for Article “10” hereinbelow, which shall remain in
full force and effect notwithstanding the termination of this Agreement. 

6.3         
Documents to be delivered by the Company and the Vendors prior to the
Closing Date. Not later than the Closing Date, and
in addition to the documentation which is required by the agreements and
conditions precedent which are set forth hereinabove, the Company and the
Vendors shall also execute and deliver or cause to be delivered to Acquirer’s
counsel all such other documents, resolutions and instruments as may be
necessary, in the opinion of counsel for the Acquirer, acting reasonably, to
complete all of the transactions contemplated by this Agreement and including,
without limitation, the necessary transfer of all of the Company Stock to the
Acquirer free and clear of all liens, security interests, charges and
encumbrances, and in particular including, but not being limited to, the
following materials: 

	 	(a) 	
      all documentation as may be necessary and as may be
      required by the solicitors for the Acquirer, acting reasonably, to ensure
      that all of the Company Stock has been transferred, assigned and are
      registerable in the name of and for the benefit of the Acquirer under all
      applicable corporate and securities laws;

36

	 	(b) 	
      certificates representing the Company Stock registered in
      the name of the Vendors, duly endorsed for transfer to the Acquirer and/or
      irrevocable stock powers transferring the Company Stock to the
      Acquirer;

	 	 	 
	 	(c) 	
      a certified copy of resolutions of the directors (and of
      the Vendors/shareholders, if necessary) of the Company authorizing the
      transfer of the Company Stock to the Acquirer, directions to the
      registered agent of the Company to register of the Company Stock in the
      name of the Acquirer in the register of members of the Company, and the
      issue of share certificates representing the Company Stock registered in
      the name of the Acquirer;

	 	 	 
	 	(d) 	
      a certified copy of the register of members of the
      Company showing the Acquirer as the registered owner of the Company
      Stock;

	 	 	 
	 	(e) 	
      all such instruments of transfer, duly executed, which in
      the opinion of the Acquirer acting reasonably are necessary to effect and
      evidence the transfer of the Company Stock to the Acquirer free and clear
      of all Encumbrances;

	 	 	 
	 	(f) 	
      a copy of all corporate records and books of account of
      the Company and including, without limiting the generality of the
      foregoing, a copy of all minute books, share register books, share
      certificate books and annual reports of the Company;

	 	 	 
	 	(g) 	
      all remaining Business Documentation; and

	 	 	 
	 	(h) 	
      all such other documents and instruments as the
      Acquirer’s solicitors may reasonably require.

6.4         
Documents to be delivered by the Acquirer prior to the Closing
Date. Not later than the Closing Date, and in addition to the
documentation which is required by the agreements and conditions precedent which
are set forth hereinabove, the Acquirer shall also execute and deliver or cause
to be delivered to the Company’s and the Vendors’ counsel, all such other
documents, resolutions and instruments that may be necessary, in the opinion of
counsel for the Company and the Vendors, acting reasonably, to complete all of
the transactions contemplated by this Agreement and including, without
limitation, the necessary acceptance of the transfer of all of the Company Stock
to the Acquirer free and clear of all liens, charges and encumbrances, and in
particular including, but not being limited to, the following materials: 

	 	(a) 	
      a copy of the resolutions of the directors of the
      Acquirer providing for the approval of all of the transactions
      contemplated hereby;

	 	 	 
	 	(b) 	
      certificates representing the Acquirer Stock issued to
      the Vendors in accordance with sections “2.2” and “2.3” hereinabove;
      and

	 	 	 
	 	(c) 	
      all such other documents and instruments as the Company’s
      and the Vendors’ respective solicitors may reasonably
  require.

Article 7 
CONDUCT OF BUSINESS
PRIOR TO CLOSING 

7.1         
Conduct. Except as otherwise contemplated or permitted by this
Agreement, during the period from the date of this Agreement to the Closing
Date, the Company will do the following: 

37

	 	(a) 	
      conduct the Company’s Business in the ordinary and usual
      course and in a continuous fashion and will not, without the prior written
      consent of the Acquirer:

	 	(i) 	
      enter into any transaction which would constitute a
      breach of any of the Company’s representations, warranties or agreements
      contained herein;

	 	 	 
	 	(ii) 	
      increase the salaries or other compensation of, or make
      any advance (excluding advances for ordinary and necessary business
      expenses) or loan to, any of their employees, officers or directors of the
      Company or make any increase in, or any addition to, other benefits to
      which any of their employees, officers or directors may be
  entitled;

	 	 	 
	 	(iii) 	
      create, incur, assume or guarantee any indebtedness for
      money borrowed, or mortgaged or pledged by the Company or a third party
      and will not subject any of the material assets or properties of the
      Company or its subsidiaries to any mortgage, lien, pledge, security
      interest, conditional sales contract or other Encumbrance related to any
      such indebtedness for money borrowed;

	 	 	 
	 	(iv) 	
      declare, set aside or pay any dividend or make or agree
      to make any other distribution or payment in respect of the Company’s
      capital shares or redeem, repurchase or otherwise acquire or agree to
      redeem, purchase or acquire any of the Company’s capital shares or equity
      securities, or

	 	 	 
	 	(v) 	
      pay any amount (other than salaries in the ordinary
      course of business) to any related party of the
Company;

	 	(b) 	
      comply with all laws affecting the operation of the
      Business and pay all required Taxes;

	 	 	 
	 	(c) 	
      not take any action or omit to take any action which
      would, or would reasonably be expected to, result in a breach of or render
      untrue any representation, warranty, covenant or other obligation of the
      Company and the Vendors contained herein;

	 	 	 
	 	(d) 	
      use commercially reasonable efforts to preserve intact
      the Business and the assets, operations and affairs of the Company and
      carry on the business and the affairs of the Company substantially as
      currently conducted, and use commercially reasonable efforts to promote
      and preserve for the Acquirer the goodwill of suppliers, customers and
      others having business relations with the Company;

	 	 	 
	 	(e) 	
      take all necessary actions, steps and proceedings that
      are necessary to approve or authorize, or to validly and effectively
      undertake, the execution and delivery of this Agreement and the completion
      of the transactions contemplated by this Agreement;

	 	 	 
	 	(f) 	
      otherwise respond reasonably promptly to reasonable
      requests from the Acquirer for information concerning the status of the
      business, operations, and finances of the Company; and

	 	 	 
	 	(g) 	
      comply with the provisions of Article 8 of this
      Agreement.

38

Article 8 
ADDITIONAL COVENANTS OF
THE PARTIES 

8.1         
Notification. Between the date of this Agreement and the Closing
Date, each of the parties to this Agreement will promptly notify the other
parties in writing if it becomes aware of any fact or condition that causes or
constitutes a material breach of any of its representations and warranties as of
the date of this Agreement, if it becomes aware of the occurrence after the date
of this Agreement of any fact or condition that would cause or constitute a
material breach of any such representation or warranty had such representation
or warranty been made as of the time of occurrence or discovery of such fact or
condition. Should any such fact or condition require any change in the Schedules
relating to such party, such party will promptly deliver to the other parties a
supplement to the Schedules specifying such change. During the same period, each
party will promptly notify the other parties of the occurrence of any material
breach of any of its covenants in this Agreement or of the occurrence of any
event that may make the satisfaction of such conditions impossible or unlikely.

8.2         
Board of Directors. The current directors of the Acquirer will
adopt resolutions appointing the nominees of the Company to the Board of
Directors of the Acquirer, which appointment will be effective on Closing or, if
applicable, ten days after the filing of a Schedule 14f-1 in connection with the
Takeover. If applicable, the Acquirer will prepare and file a Schedule 14f-1
information statement with the SEC as required under the Exchange Act in
connection with the change of directors arising in connection with the
completion of the Takeover. 

8.3         
Officers. The current directors of the Acquirer will adopt
resolutions appointing the nominees of the Company as officers of the Acquirer
and will accept the resignation of Alan Goh as Secretary and a director of the
Acquirer and the resignation of William Goh as Chief Executive Officer,
President and Treasurer of the Acquirer, which appointments and resignations
will be effective on Closing or, if applicable, ten days after the filing of a
Schedule 14f-1 in connection with the Takeover. 

8.5         
Consents. The Company, Vendors and the Acquirer covenant and agree
that they will use commercially reasonable efforts to obtain the consents,
renunciations and approvals of third parties which are necessary to the
completion of the transactions contemplated by this Agreement, provided that
such consents, renunciations or approvals may be validly given by such third
parties in accordance with relevant agreements, covenants or applicable law.

8.6         
Exclusivity. Until such time, if any, as this Agreement is
terminated pursuant to the provisions of this Agreement, neither the Company nor
the Vendors (through their advisors, directors, bankers, employees,
shareholders, agents or otherwise) will, directly or indirectly: 

	 	(a) 	
      solicit, initiate, encourage, facilitate or discuss any
      proposition, offer, inquiry, submission or proposal from any other Person
      concerning the purchase of whatever part of the issued and outstanding
      shares, other securities, significant elements of assets of the Company or
      any merger, reorganization, arrangement, capitalization or any other form
      of business merger implicating, directly or indirectly, the Company or the
      Business (a “Proposed Transaction”); or

	 	 	 
	 	(b) 	
      enter into any agreement, discussions or negotiations
      with any person, company or other entity with respect to a Proposed
      Transaction.

The Company and the Vendors will inform the Acquirer of all propositions, offers
or bids, or information requests that they might receive regarding a Proposed
Transaction and must provide the Acquirer with all relevant information in their
possession. 

39

8.7         
Commercially Reasonable Best Efforts. Between the date of this
Agreement and the Closing Date, the parties will use their commercially
reasonable best efforts to cause the conditions contained in this Agreement to
be satisfied. 

Article 9 
INDEMNIFICATION AND
LEGAL PROCEEDINGS 

9.1         
Indemnification. The Parties hereto agree to indemnify and save
harmless the other Parties hereto and including, where applicable, their
respective affiliates, directors, officers, employees and agents (each such
party being an “Indemnified Party”) harmless from and against and agree
to be liable for any and all losses, claims, actions, suits, proceedings,
damages, liabilities or expenses of whatever nature or kind, including any
investigation expenses incurred by any Indemnified Party, to which an
Indemnified Party may become subject by reason of the terms and conditions of
this Agreement. 

9.2         
No Indemnification. This indemnity will not apply in respect of an
Indemnified Party in the event and to the extent that a court of competent
jurisdiction in a final judgment shall determine that the Indemnified Party was
grossly negligent or guilty of willful misconduct. 

9.3         
Claim of Indemnification. The Parties hereto agree to waive any
right they might have of first requiring the Indemnified Party to proceed
against or enforce any other right, power, remedy, security or claim payment
from any other person before claiming this indemnity. 

9.4         
Notice of Claim. In case any action is brought against an
Indemnified Party in respect of which indemnity may be sought against any of the
Parties hereto, the Indemnified Party will give the relevant Party hereto prompt
written notice of any such action of which the Indemnified Party has knowledge
and such Party will undertake the investigation and defense thereof on behalf of
the Indemnified Party, including the prompt consulting of counsel acceptable to
the Indemnified Party affected and the payment of all expenses. Failure by the
Indemnified Party to so notify shall not relieve any Party hereto of such
Party’s obligation of indemnification hereunder unless (and only to the extent
that) such failure results in a forfeiture by any Party hereto of substantive
rights or defenses. 

9.5         
Settlement. No admission of liability and no settlement of any
action shall be made without the consent of each of the Parties hereto and the
consent of the Indemnified Party affected, such consent not to be unreasonably
withheld. 

9.6         
Legal Proceedings. Notwithstanding that the relevant Party hereto
will undertake the investigation and defense of any action, an Indemnified Party
will have the right to employ separate counsel in any such action and
participate in the defense thereof, but the fees and expenses of such counsel
will be at the expense of the Indemnified Party unless: 

	 	(a) 	
      such counsel has been authorized by the relevant Party
      hereto;

	 	 	 
	 	(b) 	
      the relevant Party hereto has not assumed the defense of
      the action within a reasonable period of time after receiving notice of
      the action;

	 	 	 
	 	(c) 	
      the named parties to any such action include that any
      Party hereto and the Indemnified Party shall have been advised by counsel
      that there may be a conflict of interest between any Party hereto and the
      Indemnified Party; or

40

	 	(d) 	
      there are one or more legal defenses available to the
      Indemnified Party which are different from or in addition to those
      available to any Party hereto.

9.7         
Contribution. If for any reason other than the gross negligence or
bad faith of the Indemnified Party being the primary cause of the loss claim,
damage, liability, cost or expense, the foregoing indemnification is unavailable
to the Indemnified Party or insufficient to hold them harmless, the relevant
Party hereto shall contribute to the amount paid or payable by the Indemnified
Party as a result of any and all such losses, claim, damages or liabilities in
such proportion as is appropriate to reflect not only the relative benefits
received by any Party hereto on the one hand and the Indemnified Party on the
other, but also the relative fault of the Parties and other equitable
considerations which may be relevant. Notwithstanding the foregoing, the
relevant Party hereto shall in any event contribute to the amount paid or
payable by the Indemnified Party, as a result of the loss, claim, damage,
liability, cost or expense (other than a loss, claim, damage, liability, cost or
expenses, the primary cause of which is the gross negligence or bad faith of the
Indemnified Party), any excess of such amount over the amount of the fees
actually received by the Indemnified Party hereunder. 

Article 10

NON-DISCLOSURE 

10.1         
Public Announcements and Disclosure to Regulatory Authorities. All
information relating to the Agreement and the transaction contemplated therein
shall be treated as confidential and no public disclosure shall be made by any
Party without the prior approval of the Company and the Acquirer.
Notwithstanding the provisions of this Article, the Parties hereto agree to make
such public announcements and disclosure to the Regulatory Authorities of this
Agreement as may be required by applicable securities legislation and
regulations. 

Article 11 
ASSIGNMENT AND
AMENDMENT 

11.1         
Assignment. Save and except as provided herein, no Party hereto
may sell, assign, pledge or mortgage or otherwise encumber all or any part of
its respective interest herein without the prior written consent of all of the
other Parties hereto. 

11.2         
Amendment. This Agreement and any provision thereof may only be
amended in writing and only by duly authorized signatories of each of the
respective Parties hereto. 

Article 12 
FORCE
MAJEURE 

12.1         
Events. If any Party hereto is at any time prevented or delayed in
complying with any provisions of this Agreement by reason of strikes, walk-outs,
labor shortages, power shortages, fires, wars, acts of God, earthquakes, storms,
floods, explosions, accidents, protests or demonstrations by environmental
lobbyists or native rights groups, delays in transportation, breakdown of
machinery, inability to obtain necessary materials in the open market,
unavailability of equipment, governmental regulations restricting normal
operations, shipping delays or any other reason or reasons beyond the control of
that Party, then the time limited for the performance by that Party of its
respective obligations hereunder shall be extended by a period of time equal in
length to the period of each such prevention or delay. 

12.2         
Notice. A Party shall, within seven calendar days, give notice to
the other Parties of each event of force majeure under section “12.1”
hereinabove, and upon cessation of such event shall furnish the other Parties
with notice of that event together with particulars of the number of days by
which the obligations of that Party hereunder have been extended by
virtue of such event of force majeure and all preceding events of force majeure. 

41

Article 13 
ARBITRATION

13.1         
Arbitration. Any dispute arising out of or in connection with this
contract, including any question regarding its existence, validity or
termination, shall be referred to and finally resolved by arbitration in
Singapore in accordance with the Arbitration Rules of the Singapore
International Arbitration Centre (“SIAC”) for the time being in force, which
rules are deemed to be incorporated by reference in this clause. The Tribunal
shall consist of one arbitrator to be appointed by the Chairman of the SIAC. The
language of the arbitration shall be English. 

Article 14 
DEFAULT AND
TERMINATION 

14.1         
Default. The Parties hereto agree that if any Party hereto is in
default with respect to any of the provisions of this Agreement (herein called
the “Defaulting Party”), the non-defaulting Party (herein called the
“Non-Defaulting Party”) shall give notice to the Defaulting Party
designating such default, and within 10 calendar days after its receipt of such
notice, the Defaulting Party shall either: 

	 	(a) 	
      cure such default, or commence proceedings to cure such
      default and prosecute the same to completion without undue delay;
  or

	 	 	 
	 	(b) 	
      give the Non-Defaulting Party notice that it denies that
      such default has occurred and that it is submitting the question to
      arbitration as herein provided.

14.2         
Arbitration. If arbitration is sought, a Party shall not be deemed
in default until the matter shall have been determined finally by appropriate
arbitration under the provisions of Article “13” hereinabove. 

14.3         
Curing the Default. If: 

	 	(a) 	
      the default is not so cured or the Defaulting Party does
      not commence or diligently proceed to cure the default; or

	 	 	 
	 	(b) 	
      arbitration is not so sought; or

	 	 	 
	 	(c) 	
      the Defaulting Party is found in arbitration proceedings
      to be in default, and fails to cure it within five calendar days after the
      rendering of the arbitration award,

the Non-Defaulting Party may, by written notice given to the
Defaulting Party at any time while the default continues, terminate the interest
of the Defaulting Party in and to this Agreement. 

14.4         
Termination. In addition to the foregoing it is hereby
acknowledged and agreed by the Parties hereto that this Agreement will be
terminated in the event that: 

	 	(a) 	
      the Acquirer’s Ratification is not received within five
      business days of the due and complete execution of this Agreement by each
      of the Parties hereto;

42

	 	(b) 	
      the Acquirer fails to complete a successful Acquirer’s
      Initial Due Diligence review of the Company’s business and operations
      within twenty-five calendar days of the prior satisfaction by the Acquirer
      of the Acquirer’s Ratification;

	 	 	 
	 	(c) 	
      the conditions specified in section “5.1” hereinabove
      have not been satisfied at or prior to the Time of Closing;

	 	 	 
	 	(d) 	
      either of the Parties hereto has not either satisfied or
      waived each of their respective conditions precedent at or prior to the
      Time of Closing in accordance with the provisions of Article “5”
      hereinabove;

	 	 	 
	 	(e) 	
      either of the Parties hereto has failed to deliver or
      caused to be delivered any of their respective documents required to be
      delivered by Articles “5” and “6” hereinabove at or prior to the Time of
      Closing in accordance with the provisions of Articles “5” and “6”;
    or

	 	 	 
	 	(f) 	
      the Closing has not occurred on or before March 31, 2017,
      or such later date, all in accordance with section “6.2” hereinabove;
      or

	 	 	 
	 	(g) 	
      by agreement in writing by each of the Parties
    hereto;

and in such event this Agreement will be terminated and be of
no further force and effect other than the obligations under Article “10”
hereinabove. 

Article 15 
NOTICE

15.1         
Notice. Each notice, demand or other communication required or
permitted to be given under this Agreement shall be in writing and shall be sent
by prepaid registered mail deposited in a post office addressed to the Party
entitled to receive the same, or delivered to such Party, at the address for
such Party specified above. The date of receipt of such notice, demand or other
communication shall be the date of delivery thereof if delivered, or, if given
by registered mail as aforesaid, shall be deemed conclusively to be the third
calendar day after the same shall have been so mailed, except in the case of
interruption of postal services for any reason whatsoever, in which case the
date of receipt shall be the date on which the notice, demand or other
communication is actually received by the addressee. 

15.2         
Change of Address. Either Party may at any time and from time to
time notify the other Party in writing of a change of address and the new
address to which notice shall be given to it thereafter until further change.

Article 16 
GENERAL
PROVISIONS 

16.1         
Entire Agreement. This Agreement constitutes the entire agreement
to date between the Parties hereto and supersedes every previous agreement,
communication, expectation, negotiation, representation or understanding,
whether oral or written, express or implied, statutory or otherwise, between the
Parties with respect to the subject matter of this Agreement and including,
without limitation, the agreement as between the Acquirer, the Vendors and the
Company. 

16.2         
Enurement. This Agreement will enure to the benefit of and will be
binding upon the Parties hereto, their respective heirs, executors,
administrators and assigns. 

43

16.3         
Schedules. The Schedules to this Agreement are hereby incorporated
by reference into this Agreement in its entirety. 

16.4         
Time of the Essence. Time will be of the essence of this
Agreement. 

16.5         
Representation and Costs. It is hereby acknowledged by each of the
Parties hereto that, as between the Parties hereto,McMillan LLP, acts solely for
the Acquirer, and that each of the Vendors and the Company have been advised by
McMillan LLP to obtain independent legal advice with respect to their respective
reviews and execution of this Agreement. In addition, it is hereby further
acknowledged and agreed by the Parties hereto that each Party to this Agreement
will bear and pay its own costs, legal and otherwise, in connection with its
respective preparation, review and execution of this Agreement, and, in
particular, that the costs involved in the preparation of this Agreement, and
all documentation necessarily involved thereto, by McMillan LLP shall be at the
cost of the Acquirer. 

16.6         
Governing Law; Venue. This Agreement, the legal relations between
the parties and the adjudication and the enforcement thereof, shall be governed
by and interpreted and construed in accordance with the substantive laws of the
Province of British Columbia without regard to applicable choice of law
provisions thereof, except to the extent the laws of the State of Nevada are
mandatorily applicable to the Takeover. The parties hereto agree that any
action, suit or proceeding arising out of or relating to this Agreement or the
transactions contemplated hereby may be brought in any court located in the
Province of British Columbia and each party hereto irrevocably submits to the
jurisdiction of each of those courts. 

16.7         
Further Assurances. The parties will execute and deliver all such
further documents, do or cause to be done all such further acts and things, and
give all such further assurances as may be necessary to give full effect to the
provisions and intent of this Agreement. 

16.8         
Severability and Construction. Each Article, section, paragraph,
term and provision of this Agreement, and any portion thereof, shall be
considered severable, and if, for any reason, any portion of this Agreement is
determined to be invalid, contrary to or in conflict with any applicable present
or future law, rule or regulation in a final unappealable ruling issued by any
court, agency or tribunal with valid jurisdiction in a proceeding to any of the
Parties hereto is a party, that ruling shall not impair the operation of, or
have any other effect upon, such other portions of this Agreement as may remain
otherwise intelligible (all of which shall remain binding on the Parties and
continue to be given full force and agreement as of the date upon which the
ruling becomes final). 

16.9         
Captions. The captions, section numbers, Article numbers and
Schedule numbers appearing in this Agreement are inserted for convenience of
reference only and shall in no way define, limit, construe or describe the scope
or intent of this Agreement nor in any way affect this Agreement. 

16.10         
Counterparts. This Agreement may be signed by the Parties hereto
in as many counterparts as may be necessary, and via facsimile or portable
document format (pdf) email attachment if necessary, each of which so signed
being deemed to be an original and such counterparts together constituting one
and the same instrument and, notwithstanding the date of execution, being deemed
to bear the effective Execution Date as set forth on the front page of this
Agreement. 

16.11         
No Partnership or Agency. The Parties hereto have not created a
partnership and nothing contained in this Agreement shall in any manner
whatsoever constitute any Party the partner, agent or legal representative of
any other Party, nor create any fiduciary relationship between them for any
purpose whatsoever. No Party shall have any authority to act for, or to assume
any obligations or responsibility on behalf of, any other party except as may be,
from time to time, agreed upon in writing between the Parties or as otherwise
expressly provided. 

44

16.12         
  Consents and Waivers. No consent or waiver expressed or implied by
  either Party hereto in respect of any breach or default by any other Party in
the performance by such other of its obligations hereunder shall: 

	 	(a) 	
      be valid unless it is in writing and stated to be a
      consent or waiver pursuant to this section;

	 	 	 
	 	(b) 	
      be relied upon as a consent to or waiver of any other
      breach or default of the same or any other obligation;

	 	 	 
	 	(c) 	
      constitute a general waiver under this Agreement;
    or

	 	 	 
	 	(d) 	
      eliminate or modify the need for a specific consent or
      waiver pursuant to this section in any other or subsequent
  instance.

[the rest of this page is
intentionally left blank – signature pages to follow] 

45

IN WITNESS WHEREOF each of the Parties hereto has hereunto executed
this Agreement as of the Execution Date as set forth on the front page of this
Agreement. 

	IBASE TECHNOLOGY PRIVATE LIMITED 	) 	 
	the Company herein, 	) 	 
	  	) 	 
	  	) 	 
	Per: /s/ Ernest
      Kok-Yong Ong 	) 	 
	Authorized Signatory 	) 	 
	  	) 	 
	Ernest Kok-Yong
      Ong, Managing Director 	) 	 
	(print name and title) 	  	 
	  	  	 
	  	  	 
	  	  	 
	TECHMEDIA ADVERTISING INC. 	) 	 
	the Acquirer herein, 	) 	 
	  	) 	 
	  	) 	 
	Per: /s/ William
      Goh 	) 	 
	Authorized Signatory 	) 	 
	  	) 	 
	William Goh, CEO,
      CFO and Director 	) 	 
	(print name and title) 	  	 
	  	  	 
	  	  	 
	SIGNED and DELIVERED by 	) 	 
	FOOK KONG WAN, a Vendor 	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/ Ernest
      Kok-Yong Ong 	) 	 
	Witness Signature 	) 	/s/
      Fook Kong Wan 
	  	) 	FOOK KONG WAN 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Ernest Kok-Yong
      Ong, Director 	) 	 
	Witness Name and Occupation 	) 	 

46

	SIGNED and DELIVERED by 	) 	 
	ALBERT HIN KAY HONG, a Vendor
    	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/
      Ernest Kok-Yong Ong 	) 	 
	Witness Signature 	) 	/s/
      Albert Hin Kay Hong 
	  	) 	ALBERT HIN KAY HONG 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Ernest Kok-Yong Ong, Director 	) 	 
	Witness Name and Occupation 	) 	 
	  	  	 
	  	  	 
	  	  	 
	SIGNED and DELIVERED by 	) 	 
	MENG TENG CHANG, a Vendor 	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/
      Ernest Kok-Yong Ong 	) 	 
	Witness Signature 	)  	/s/
      Meng Teng Chang
	  	) 	MENG TENG CHANG 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Ernest Kok-Yong Ong, Director 	) 	 
	Witness Name and Occupation 	) 	 
	  	  	 
	  	  	 
	  	  	 
	SIGNED and DELIVERED by 	) 	 
	ERNEST KOK-YONG ONG, a Vendor
    	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/
      Hui Boon Tay 	) 	 
	Witness Signature 	) 	/s/
      Ernest Kok-Yong Ong 
	  	) 	ERNEST KOK-YONG ONG 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Hui
      Boon Tay, Director 	) 	 
	Witness Name and Occupation 	) 	 

47

	SIGNED and DELIVERED by 	) 	 
	WILLIE LIAN, a Vendor 	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/ Ernest
      Kok-Yong Ong 	) 	 
	Witness Signature 	)	 /s/ Willie Lian 
	  	) 	WILLIE LIAN 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Ernest Kok-Yong
      Ong, Director 	) 	 
	Witness Name and Occupation 	) 	 
	  	  	 
	  	  	 
	  	  	 
	SIGNED and DELIVERED by 	) 	 
	HUI BOON TAY, a Vendor 	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/ Ernest
      Kok-Yong Ong 	) 	 
	Witness Signature 	) 	/s/
      Hiu Boon Tay 
	  	)	 HUI BOON TAY 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Ernest Kok-Yong
      Ong, Director 	) 	 
	Witness Name and Occupation 	) 	 
	  	  	 
	  	  	 
	  	  	 
	SIGNED and DELIVERED by 	) 	 
	CHOOI TENG CHAN, a Vendor 	) 	 
	herein, in the presence of: 	) 	 
	  	) 	 
	/s/ Ernest
      Kok-Yong Ong 	) 	 
	Witness Signature 	) 	/s/
      Chooi Teng Chan 
	  	) 	CHOOI TENG CHAN 
	  	) 	 
	Witness Address 	) 	 
	  	) 	 
	Ernest Kok-Yong
      Ong, Director 	) 	 
	Witness Name and Occupation 	) 	 

48

Schedule A 

This is Schedule “A” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

	Company Stock and Vendors 
    
	Authorized Capital: 	1,000,000 ordinary shares 
	 	 
	Issued Capital: 	325,000 ordinary shares

	Vendor 	Number of shares of
      Company 
Stock 	Number of shares of
      Acquirer 
Stock to receive 
	Fook Kong Wan 	32,500 	1,899,821 
	Albert Hin Kay Hong 	32,500 	1,899,821 
	Meng Teng Chang 	32,500 	1,899,821 
	Ernest Kok-Yong Ong 	79,625 	4,654,562 
	Willie Lian 	79,625 	4,654,562 
	Hui Boon Tay 	63,250 	3,704,651 
	Chooi Teng Chan 	5,000 	284,973 

49

Schedule B 

 This is Schedule “B” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

CERTIFICATE OF NON-U.S. SHAREHOLDER 

In connection with the issuance of the Acquirer Stock to the
undersigned, the undersigned hereby agrees, acknowledges, represents and
warrants that: 

1.          the undersigned is not
a “U.S. Person” as such term is defined by Rule 902 of Regulation S (the
definition of which includes, but is not limited to, an individual resident in
the U.S. and an estate or trust of which any executor or administrator or trust,
respectively is a U.S. Person and any partnership or corporation organized or
incorporated under the laws of the U.S.); 

 2.          none of the Acquirer
Stock have been or will be registered under the Securities Act, or under any
state securities or “blue sky” laws of any state of the United States, and may
not be offered or sold in the United States or, directly or indirectly, to U.S.
Persons, as that term is defined in Regulation S, except in accordance with the
provisions of Regulation S or pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities Act and in
compliance with any Applicable Securities Laws; 

3.          offers and sales of any
of the Acquirer Stock prior to the expiration of a period of six months after
the date of original issuance of the Acquirer Stock (the six month period
hereinafter referred to as the “Distribution Compliance Period”) shall only be
made in compliance with the safe harbor provisions set forth in Regulation S,
pursuant to the registration provisions of the Securities Act or an exemption
therefrom, and that all offers and sales after the Distribution Compliance
Period shall be made only in compliance with the registration provisions of the
Securities Act or an exemption therefrom and in each case only in accordance
with applicable state and foreign securities laws; 

4.          the undersigned will
not engage in any hedging transactions involving any of the Acquirer Stock
unless such transactions are in compliance with the provisions of the Securities
Act and in each case only in accordance with Applicable Securities Laws; 

5.          the undersigned is
acquiring the Acquirer Stock for investment only and not with a view to resale
or distribution and, in particular, it has no intention to distribute either
directly or indirectly any of the Acquirer Stock in the United States or to U.S.
Persons; 

6.          the undersigned has not
acquired the Acquirer Stock as a result of, and will not itself engage in, any
directed selling efforts (as defined in Regulation S) in the United States in
respect of the Acquirer Stock which would include any activities undertaken for
the purpose of, or that could reasonably be expected to have the effect of,
conditioning the market in the United States for the resale of any of the
Acquirer Stock; provided, however, that the undersigned may sell or otherwise
dispose of the Acquirer Stock pursuant to registration thereof under the
Securities Act and any Applicable Securities Laws or under an exemption from
such registration requirements; 

7.          the statutory and
regulatory basis for the exemption claimed for the sale of the Acquirer Stock,
although in technical compliance with Regulation S, would not be available if
the offering is part of a plan or scheme to evade the registration provisions of
the Securities Act or any Applicable Securities Laws; 

8.          except as set out in
the Agreement, the Purchaser has not undertaken, and will have no obligation, to
register any of the Acquirer Stock under the Securities Act; 

9.          the Acquirer is
entitled to rely on the acknowledgements, agreements, representations and
warranties of the undersigned contained in the Agreement and this Certificate,
and the undersigned will hold harmless the Acquirer from any loss or damage
either one may suffer as a result of any such acknowledgements, agreements, representations and/or warranties
made by the undersigned not being true and correct; 

50

  10.          the undersigned has
  been advised to consult its own respective legal, tax and other advisors with
  respect to the merits and risks of an investment in the Acquirer Stock and, with
  respect to applicable resale restrictions, is solely responsible (and the
  Acquirer is not in any way responsible) for compliance with applicable resale
restrictions; 

 11.          the undersigned and
the undersigned’s advisor(s) have had a reasonable opportunity to ask questions
of and receive answers from the Acquirer in connection with the acquisition of
the Acquirer Stock under the Agreement, and to obtain additional information, to
the extent possessed or obtainable by the Acquirer without unreasonable effort
or expense; 

12.          the books and records
of the Acquirer were available upon reasonable notice for inspection, subject to
certain confidentiality restrictions, by the undersigned during reasonable
business hours at its principal place of business and that all documents,
records and books in connection with the acquisition of the Acquirer Stock under
the Agreement have been made available for inspection by the undersigned, the
undersigned’s attorney and/or advisor(s); 

13.          the undersigned: 

	 	(a) 	
      is knowledgeable of, or has been independently advised as
      to, the Applicable Securities Laws of the securities regulators having
      application in the jurisdiction in which the undersigned is resident (the
      “International Jurisdiction”) which would apply to the acquisition of the
      Acquirer Stock;

	 	 	 
	 	(b) 	
      the undersigned is acquiring the Acquirer Stock pursuant
      to exemptions from prospectus or equivalent requirements under Applicable
      Securities Laws or, if such is not applicable, the undersigned is
      permitted to acquire the Acquirer Stock under the Applicable Securities
      Laws of the securities regulators in the International Jurisdiction
      without the need to rely on any exemptions;

	 	 	 
	 	(c) 	
      the Applicable Securities Laws of the authorities in the
      International Jurisdiction do not require the Acquirer to make any filings
      or seek any approvals of any kind whatsoever from any securities regulator
      of any kind whatsoever in the International Jurisdiction in connection
      with the issue and sale or resale of the Acquirer Stock; and

	 	 	 
	 	(d) 	
      the acquisition of the Acquirer Stock by the undersigned
      does not trigger:

	 	(i) 	
      any obligation to prepare and file a prospectus or
      similar document, or any other report with respect to such purchase in the
      International Jurisdiction; or

	 	(ii) 	
      any continuous disclosure reporting obligation of the
      Acquirer in the International Jurisdiction; and

the undersigned will, if requested by
the Acquirer, deliver to the Acquirer a certificate or opinion of local counsel
from the International Jurisdiction which will confirm the matters referred to
in Sections 13(c) and 13(d) above to the satisfaction of the Acquirer, acting
reasonably;

14.          the undersigned (i) is
able to fend for itself in connection with the acquisition of the Acquirer
Stock; (ii) has such knowledge and experience in business matters as to be
capable of evaluating the merits and risks of its prospective investment in the
Acquirer Stock; and (iii) has the ability to bear the economic risks of its
prospective investment and can afford the complete loss of such investment; 

15.          the undersigned is not
aware of any advertisement of any of the Acquirer Stock and is not acquiring the
Acquirer Stock as a result of any form of general solicitation or general
advertising including advertisements, articles, notices or other communications
published in any newspaper, magazine or similar media or broadcast over radio or
television, or any seminar or meeting whose attendees have been invited by
general solicitation or general advertising; 

16. except as set out in the
  Agreement, no Person has made to the undersigned any written or oral
  representations: 

	 	(a) 	
      that any Person will resell or repurchase any of the
      Acquirer Stock;

51

	 	(b) 	
      that any Person will refund the purchase price of any of
      the Acquirer Stock;

	 	(c) 	
      as to the future price or value of any of the Acquirer
      Stock; or

	 	(d) 	
      that any of the Acquirer Stock will be listed and posted
      for trading on any stock exchange or automated dealer quotation system or
      that application has been made to list and post any of the Acquirer Stock
      on any stock exchange or automated dealer quotation
  system;

17.          the undersigned is
outside the United States when receiving and executing this Agreement and is
acquiring the Acquirer Stock as principal for their own account, for investment
purposes only, and not with a view to, or for, resale, distribution or
fractionalization thereof, in whole or in part, and no other Person has a direct
or indirect beneficial interest in the Acquirer Stock; 

18.          neither the SEC nor
any other securities commission or similar regulatory authority has reviewed or
passed on the merits of the Acquirer Stock; 

 19.          the Acquirer Stock is
not being acquired, directly or indirectly, for the account or benefit of a U.S.
Person or a Person in the United States; and 

20.          the undersigned
acknowledges and agrees that the Acquirer shall refuse to register any transfer
of Acquirer Stock not made in accordance with the provisions of Regulation S,
pursuant to registration under the Securities Act, or pursuant to an available
exemption from registration under the Securities Act. 

IN WITNESS WHEREOF, I have executed this Certificate of
Non-U.S. Shareholder. 

		 	 
	
    	 	 Date:
      _______________________________________________________, 201__ 
	Signature 	 	  
	 	 	 
	 	 	 
	Print Name 	 	  
	 	 	 
	 	 	 
	Title (if applicable) 	 	  
	 	 	 
	 	 	 
	Address 	 	  
	 	 	 

52

Schedule C 

 This is Schedule “C” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

Financial Statements 

	 	1. 	
      Audited Financial Statements for IBASE Technology Private
      Limited for the fiscal years ended June 30, 2016 and 2015; and

	 	 	 
	 	2. 	
      Unaudited Financial Statements for IBASE Technology
      Private Limited for the three and six month periods ended December 31,
      2016.

Refer to the attached materials 

_________________

53

Schedule D 

 This is Schedule “D” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

Material Contracts 

54

Schedule E 

 This is Schedule “E” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

Encumbrances 

None. 

55

Schedule F 

 This is Schedule “F” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

Pending, Outstanding or Unresolved Claims or
Grievances 

None. 

56

Schedule G 

 This is Schedule “G” to
that certain Share Exchange Agreement among TechMedia Advertising Inc., IBASE
Technology Private Limited and the vendor shareholders of IBASE Technology
Private Limited. 

Banks and Bank Accounts 

Refer to the attached materials 

___________________TechMedia Advertising, Inc.: Exhibit 10.2 - Filed by newsfilecorp.com

SHARE EXCHANGE AGREEMENT AMENDMENT NO. 1

THIS AMENDMENT (the “Amendment”) is
made effective as of March 31, 2017 (the “Effective Date” herein). 

BETWEEN: 

	 	
      TECHMEDIA ADVERTISING INC., a corporation
      organized under the laws of the State of Nevada and having an address for
      notice and delivery located at Blk 155 Simei Road, #03-204, Singapore
      520155 
	 

(the “Acquirer”); 

AND: 

	 	
      IBASE TECHNOLOGY PRIVATE LIMITED, a
      corporation organized under the laws of Singapore and having an address
      for notice and delivery located at 6 Shenton Way, #21-08, Oue Downtown,
      Singapore 068809 
	 

(the “Company”); 

AND: 

	 	
      FOOK KONG WAN, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 1 Toh Tuck Terrace, Singapore 596638 
	 

AND: 

	 	
      ALBERT HIN KAY HONG, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 21 Mount Elizabeth, #02-00, York Hotel, Singapore 228516

	 

AND: 

	 	
      MENG TENG CHANG, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 34 Margoliouth Road, Singapore 258560 
	 

AND: 

	 	
      ERNEST KOK-YONG ONG, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 16 Jalan Ketumbit, Seletar Hills Estate, Singapore 808868
    
	 

AND: 

2

	 	
      WILLIE LIAN, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 516 Serangoon North Avenue 4, #13-248, Singapore 550516 
	 

AND: 

	 	
      HUI BOON TAY, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 815 Jellicoe Road, #12-14, Lavender Gardens, Singapore 200815
      
	 

AND: 

	 	
      CHOOI TENG CHAN, a shareholder of IBASE
      Technology Private Limited, having an address for notice and delivery
      located at 48 Canberra Drive, #11-15, Yishun Sapphire, Singapore 768437
      
	 
	 	
       
	 
	 	
      (Fook Kong Wan, Albert Hin Kay Hong, Meng Teng Chang,
      Ernest Kok-Yong Ong, Willie Lian, Hui Boon Tay and Chooi Teng Chan, each
      being hereinafter singularly referred to as a “Vendor” and
      collectively referred to as the “Vendors” as the context so
      requires”); 
	 
	 	
       
	 
	 	
      (the Vendors, the Company and the Acquirer being
      hereinafter singularly also referred to as a “Party” and
      collectively referred to as the “Parties” as the context so
      requires). 
	 

WHEREAS: 

A.          The
Parties entered into a Share Exchange Agreement dated December 16, 2016 (the
“Share Exchange Agreement”) which proposed to carry out a transaction
pursuant to which the Acquirer will acquire from the Vendors all of the issued
and outstanding shares in the capital of the Company together with the further
development of the Company’s business as a consequence thereof; and 

B.         
Article 6.2 of the Share Exchange Agreement provides that the latest closing
date of the transactions contemplated therein shall occur no later than March
31, 2017, subject to an extension as may be mutually agreed to by the Parties
for a maximum of 15 days per extension. 

NOW THEREFORE THIS AGREEMENT WITNESSETH
that for good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, THE PARTIES HERETO
COVENANT AND AGREE WITH EACH OTHER as follows: 

Certain Definitions 

1.          Unless
otherwise defined herein or the context otherwise requires, capitalized terms
not otherwise herein defined shall have the meanings ascribed to them in the
Share Exchange Agreement. 

3

Amendments 

2.          The
Share Exchange Agreement is hereby amended as follows: 

	 	(a) 	
      section 6.1 of the Share Exchange Agreement entitled
      “Closing and Closing Date” is deleted in its entirety and replaced with
      the following:

“6.1         
Closing and Closing Date. The closing (the “Closing”) of
the acquisition of the Company Stock, as contemplated in the manner as set forth
in Article “2” hereinabove, together with all of the transactions contemplated
by this Agreement shall occur on March 31, 2018 (the “Closing Date”), or
on such earlier or later Closing Date as may be agreed to in advance and in
writing by each of the Parties hereto, and will be closed at the offices of
solicitors for the Acquirer, McMillan LLP, 1055 West Georgia Street, Suite 1500,
Vancouver, BC, Canada, V6E 4N7, at 11:00 am (Vancouver time) on the Closing
Date.” 

	 	(b) 	
      section 6.2 of the Share Exchange Agreement entitled
      “Latest Closing Date” is deleted in its entirety and replaced with the
      following:

“6.2         
Latest Closing Date. If the Closing Date has not occurred by April
30, 2018 subject to an extension as may be mutually agreed to by the Parties for
a maximum of 15 days per extension, then the Acquirer and the Vendors shall each
have the option to terminate this Agreement by delivery of written notice to the
other Party. Upon delivery of such notice, this Agreement shall cease to be of
any force and effect except for Article “10” hereinbelow, which shall remain in
full force and effect notwithstanding the termination of this Agreement.” 

General Provisions 

3.          This
Amendment shall form a part of the Share Exchange Agreement for all purposes,
and each of the Parties shall be bound hereby. From and after the Effective Date
of this Amendment by the Parties, any reference to the Share Exchange Agreement
shall be deemed a reference to the Share Exchange Agreement as amended by the
Amendment. 

4.          This
Amendment constitutes the entire agreement between the Parties and supersedes
every previous agreement, communication, expectation, negotiation,
representation or understanding, whether oral or written, express or implied,
statutory or otherwise between the Parties with respect to the subject matter of
this Amendment. Nothing in this section 4 will limit or restrict the
effectiveness and validity of any document with respect to the subject matter of
this Amendment that is executed and delivered contemporaneously with or pursuant
to this Amendment. 

5.          This
Amendment shall be governed by and construed in accordance with the laws of the
Province of British Columbia and the laws of Canada applicable therein and shall
be treated in all respects as a British Columbia contract. 

6.          This
Amendment may be signed by the Parties hereto in as many counterparts as may be
necessary, and via facsimile or portable document format (pdf) email attachment
if necessary, each of which so signed being deemed to be an original and such
counterparts together constituting one and the same instrument and,
notwithstanding the date of execution, being deemed to bear the Effective Date
as set forth on the front page of this Amendment. 

4

IN WITNESS WHEREOF each of the Parties hereto has
hereunto executed this Amendment as of the Effective Date as set forth on the
front page of this Agreement. 

	IBASE TECHNOLOGY PRIVATE
      LIMITED 	)  	
	the Company herein, 	)  	 
	  	  	)  	
	  	  	)  	
	Per:
    	/s/ Ernest Kok-Yong Ong 	)  	
	Authorized Signatory 	)  	
	  	  	)  	
	Ernest Kok-Yong Ong, Managing Director 	)  	
	(print name and title) 	 	  
	  	  	 	  
	  	  	 	  
	  	  	 	  
	TECHMEDIA ADVERTISING
      INC. 	)  	
	the Acquirer herein, 	)  	
	  	  	)  	
	  	  	)  	
	Per:
    	
    /s/ William Goh 
	)  	
	Authorized Signatory 	)  	
	  	  	)  	
	William Goh, CEO, CFO and Director 	)  	
	(print name and title) 	 	  
	  	  	 	  
	  	  	 	  
	SIGNED and DELIVERED by 	)  	
	FOOK KONG WAN, a
      Vendor 	)  	 
	herein, in the presence of: 	)  	 
	  	  	)  	
	/s/ Ernest Kok-Yong Ong 	)  	 
	Witness Signature 	)  	/s/
      Fook Kong Wan 
	  	  	)  	 FOOK KONG WAN 
	  	  	)  	
	Witness Address 	)  	 
	  	  	)  	
	Ernest Kok-Yong Ong, Director 	)  	
	Witness Name and Occupation 	)  	

5

	SIGNED and DELIVERED by 	)  	
	ALBERT HIN KAY HONG, a Vendor
    	)  	
	herein, in the presence of: 	)  	
	  	)  	
	/s/
      Ernest Kok-Yong Ong 	)  	
	Witness Signature 	)  	/s/
      Albert Hin Kay Hong 
	  	)  	ALBERT HIN KAY HONG 
	  	)  	
	Witness Address 	)  	
	  	)  	
	Ernest Kok-Yong Ong, Director 	)  	
	Witness Name and Occupation 	)  	 
	  	 	  
	  	 	  
	  	 	  
	SIGNED and DELIVERED by 	)  	 
	MENG TENG CHANG, a Vendor 	)  	
	herein, in the presence of: 	)  	
	  	)  	
	/s/
      Ernest Kok-Yong Ong 	)  	
	Witness Signature 	)  	/s/
      Meng Teng Chang 
	  	)  	MENG TENG CHANG 
	  	)  	
	Witness Address 	)  	
	  	)  	
	Ernest Kok-Yong Ong, Director 	)  	
	Witness Name and Occupation 	)  	
	  	 	  
	  	 	  
	  	 	  
	SIGNED and DELIVERED by 	)  	
	ERNEST KOK-YONG ONG, a Vendor
    	)  	
	herein, in the presence of: 	)  	
	  	)  	
	/s/
      Hui Boon Tay 	)  	
	Witness Signature 	)  	/s/
      Ernest Kok-Yong Ong 
	  	)  	ERNEST KOK-YONG ONG 
	  	)  	
	Witness Address 	)  	
	  	)  	
	Hui
      Boon Tay, Director 	)  	
	Witness Name and Occupation 	)  	

6

	SIGNED and DELIVERED by 	)  	
	WILLIE LIAN, a Vendor 	)  	
	herein, in the presence of: 	)  	
	  	)  	
	/s/
      Ernest Kok-Yong Ong 	)  	
	Witness Signature 	)  	/s/
      Willie Lian 
	  	)  	WILLIE LIAN 
	  	)  	
	Witness Address 	)  	
	  	)  	
	Ernest Kok-Yong Ong, Director 	)  	
	Witness Name and Occupation 	)  	
	  	 	  
	  	 	  
	  	 	  
	SIGNED and DELIVERED by 	)  	
	HUI BOON TAY, a Vendor 	)  	
	herein, in the presence of: 	)  	
	  	)  	
	/s/
      Ernest Kok-Yong Ong 	)  	
	Witness Signature 	)  	/s/
      Hiu Boon Tay 
	  	)  	HUI BOON TAY 
	  	)	
	Witness Address 	)	
	  	)  	
	Ernest Kok-Yong Ong, Director 	)  	
	Witness Name and Occupation 	)  	
	  	 	  
	  	 	  
	  	 	  
	SIGNED and DELIVERED by 	)  	
	CHOOI TENG CHAN, a Vendor 	)  	
	herein, in the presence of: 	)  	
	  	)  	
	/s/
      Ernest Kok-Yong Ong 	)  	
	Witness Signature 	)  	/s/
      Chooi Teng Chan 
	  	)  	CHOOI TENG CHAN 
	  	)  	
	Witness Address 	)  	
	  	)  	
	Ernest Kok-Yong Ong, Director 	)  	
	Witness Name and Occupation 	)

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