Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice

Issuer & Securities

Announcement Title: Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast: 23-Mar-2020 22:08:21
Status: New
Announcement Sub Title: Daily Share Buy-Back Notice
Announcement Reference: SG200323OTHR7IPH
Submitted By (Co./ Ind. Name): Chua Sher Lin
Designation: Chief Financial Officer
Description (Please provide a detailed description of the event in the box below): Share buy-back by way of market acquisition.

DBS Bank Ltd. is the sole issue manager, global coordinator, bookrunner and underwriter (the "Sole Issue Manager, Global Coordinator, Bookrunner and Underwriter") for the initial public offering of shares in, and listing of, Koufu Group Limited on the Main Board of the Singapore Exchange Securities Trading Limited. The Sole Issue Manager, Global Coordinator, Bookrunner and Underwriter assumes no responsibility for the contents of this announcement.

#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained

Number of issued shares excluding treasury shares after purchase: 554,716,400
Number of treasury shares held after purchase: 446,600

	Singapore Exchange	Overseas Exchange
Date of Purchase	23/03/2020
Total Number of shares purchased	97,300
Number of shares cancelled	0
Number of shares held as treasury shares	97,300

Price Paid per share	SGD 0.56
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 54,569.62

Cumulative No. of shares purchased to date^	Number	Percentage#
By way of Market Acquisition	446,600	0.08
By way off Market Acquisition on equal access scheme	0	0
Total	446,600	0.08