The Board of Directors of Pentamaster Corporation Berhad ("PMCB" or "the Company") wishes to announce that Pentamaster Technology (M) Sdn Bhd ("PTSB" or the "Purchaser"), a wholly owned subsidiary company of PMCB has on 19 March 2015 entered into a sale and purchase agreement ("SPA") with The Penang Development Corporation ("PDC" or the "Vendor") for the proposed acquisition of a piece of leasehold land for a total cash consideration of RM5,015,490.00 (the "Purchase Price"). Please refer to the attached file for details.