Response to Query Regarding Trading Activity::

Issuer & Securities

Response Submitted By (Co./ Ind. Name): Juliana Loh Joo Hui
Respondent's Designation: Company Secretary
Response Description (Please provide a detailed description of the Response to Query in the box below): Question 1

We have been informed by Kingboard Laminates Holdings Limited, a controlling shareholder of the Company, that it has today, through its indirect wholly owned subsidiary, Kingboard Laminates Limited, purchased a total of 40,279,700 shares for a consideration ranging from S$0.40 cents to S$0.45 cents per share, constituting in aggregate 5.575 percent of the total issued share capital of the Company.

This may explain the unusual volume and/or share price movements in the trading of the Company's shares today.

Question 2

Save for the above, the Company is not aware of any other possible explanation for the trading.

Question 3

The Company is in compliance with the listing rules, in particular, Mainboard Rule 703.

The Board collectively and individually takes responsibility for the accuracy of the aforesaid replies to the queries raised by the SGX-ST.