General Announcement::BUSINESS UPDATE

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 28-Sep-2021 17:32:15
Status: New
Announcement Sub Title: BUSINESS UPDATE
Announcement Reference: SG210928OTHRJM3H
Submitted By (Co./ Ind. Name): Kwan Yu Wen
Designation: Executive Director
Description (Please provide a detailed description of the event in the box below): In conjunction with the Proposed Distribution in Specie of Shares in the Company by GRP Limited (the controlling shareholder of the Company), the Company would like to release the attached Business Update on the Company in response to queries received by GRP Limited from its shareholders in respect of its circular dated 7 September 2021.

This announcement has been prepared by Luminor Financial Holdings Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 8 Anthony Road, #01- 01, Singapore 229957, telephone (65) 6590 6881.

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