General Announcement::UPDATE ANNOUNCEMENT ON THE RIGHTS ISSUE

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 06-Sep-2020 23:02:01
Status: New
Announcement Sub Title: UPDATE ANNOUNCEMENT ON THE RIGHTS ISSUE
Announcement Reference: SG200906OTHRV1DX
Submitted By (Co./ Ind. Name): Low Junrui
Designation: Independent Director
Description (Please provide a detailed description of the event in the box below): Please see attached update announcement in relation to the Proposed Renounceable Non-Underwritten Rights Issue of up to 95,230,150 New Ordinary Shares in the capital of the Company.

This announcement has been prepared by the Company and reviewed by the Company's sponsor, Novus Corporate Finance Pte. Ltd. ("Sponsor"), in compliance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("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 correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Mr. Pong Chen Yih, Chief Operating Officer, 9 Raffles Place, #17-05 Republic Plaza Tower 1, Singapore 048619, telephone (65) 6950 2188.

Total size =98K