General Announcement::Omnibus Announcement 2

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 25-Jun-2024 07:58:25
Status: New
Announcement Sub Title: Omnibus Announcement 2
Announcement Reference: SG240625OTHRIXEG
Submitted By (Co./ Ind. Name): Ng Joo Khin
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Omnibus Announcement 2 in relation to, among others:

(i) the Company's receipt of more than more than S$13 million of additional funding commitments (making it a total of more than S$22 million of funding commitments) from a diverse group of astute and reputable strategic investors to ensure strong financial backing for the Company's future growth and operations;

(ii) the Company's earnings accretive acquisition of a majority stake in Prosper Excel Engineering Pte. Ltd.; and

(iii) an update on the strategic collaboration with Lyte Ventures Group.

Total size =5511K