Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities::Notification of Delisting

Issuer & Securities

Announcement Title: Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast: 14-Jun-2021 21:54:30
Status: New
Announcement Sub Title: Notification of Delisting
Announcement Reference: SG210614OTHRZL4K
Submitted By (Co./ Ind. Name): Wang Sen
Designation: Non-Executive Chairman
Description (Please provide a detailed description of the event in the box below): Please refer to the Company's announcement dated 6 May 2021 (Announcement Reference: SG210506OTHRUHUK) (the "6 May 2021 Announcement"). In the 6 May 2021 Announcement, the Company updated that the Singapore Exchange Securities Trading Limited (the "SGX-ST") will proceed to delist the Company as the Company has failed to meet the waiver conditions under the Final Extension granted on 7 December 2020, including inter alia, the submission of the shareholders' circular relating to the RTO for the SGX-ST's review by 8 March 2021 and to complete the RTO by 31 May 2021. The SGX-ST has informed the Company to let them know their exit offer proposal as soon as practicable, and no later than one (1) month from the date of the SGX-ST's letter on 5 May 2021.