General Announcement::Notice of Scheme Launch

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 14-Aug-2026 19:43:27
Status: New
Announcement Sub Title: Notice of Scheme Launch
Announcement Reference: SG260814OTHRV42G
Submitted By (Co./ Ind. Name): Christha Meirin
Designation: Investor Relation Dept. Head
Effective Date and Time of the event: 14/08/2026 17:00:00
Description (Please provide a detailed description of the event in the box below): The Company has circulated terms of an arrangement and compromise which it plans to implement as a scheme of arrangement (the "Scheme") pursuant to Section 71 of the Singapore Insolvency, Restructuring and Dissolution Act 2018 (No. 40 of 2018). The Scheme document, together with an explanatory statement in relation to the Scheme (the "Explanatory Statement") have been circulated through the clearing systems, announced on SGXNet and are available to download from the website in respect of the Scheme (https://deals.is.kroll.com/modernland) (the "Scheme Website"). Printed copies of the Scheme document and Explanatory Statement can also be obtained free of charge by Scheme Creditors (as defined in the Scheme) on request from the Company.

Total size =176K