General Announcement::General Announcement

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 17-Jun-2020 17:16:45
Status: New
Announcement Sub Title: General Announcement
Announcement Reference: SG200617OTHRXFCG
Submitted By (Co./ Ind. Name): CNQC International Holdings Limited
Designation: Chairman
Effective Date and Time of the event: 17/06/2020 17:20:00
Description (Please provide a detailed description of the event in the box below): PARTIAL REPURCHASE AND CANCELLATION OF NOTES

Over several transactions covering from March 2020 to the date of this announcement, the Issuer and the wholly subsidiary of the Issuer have purchased Notes from the open market representing an aggregated principal amount of S$5,000,000 (the Repurchased Notes ), representing 5% of the initial principal amount of the Notes, which have been or will be cancelled. After the cancellation of the Repurchased Notes, the outstanding principal amount of the Notes would be S$95,000,000.