VIRTUAL SETUP SDN. BHD. ( Company No. 908553-K) SUBSCRIPTION AGREEMENTSubscription Agreement • November 4th, 2014 • PRIME GLOBAL CAPITAL GROUP Inc • Services-computer programming, data processing, etc.
VIRTUAL SETUP SDN. BHD. [Company No. 908553-K], a company incorporated in Malaysia under the Companies Act, 1965 with its registered office at No. 37-2 (Room 1), 2nd Floor, Jalan Metro Perdana 7, Taman Usahawan Kepong, Kepong Utara, 52100 Kuala Lumpur Malaysia (the “Company”), has authorized capital stock consisting of 5,000,000 shares of Common Stock, par value RM$1.00 per share (“Common Stock”). The Company now desires to issue and sell to the undersigned (the “Subscriber”), and the Subscriber desires to purchase from the Company, the number of shares of Common Stock set forth below next to the Subscriber’s name on the signature page hereto (such shares, the “Shares”) in connection with an offering of up to 200,000 shares of Common Stock at a purchase price of RM$10.00 per share, up to an aggregate of RM2,000,000(the “Offering”), representing 5% equity in the Company with current net worth estimate not less than RM40,000,000.
