Asset Acquisitions and Disposals::Disposal of indirect subsidiary in China

Issuer & Securities

Announcement Title: Asset Acquisitions and Disposals
Date &Time of Broadcast: 20-Jul-2022 21:23:46
Status: New
Announcement Sub Title: Disposal of indirect subsidiary in China
Announcement Reference: SG220720OTHRF0R2
Submitted By (Co./ Ind. Name): Peng Fei
Designation: Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below): Please refer to the attachment.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, SAC Capital Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by SGX-ST. The Sponsor and the SGX-ST assume 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 Ms. Lee Khai Yinn (Tel: (65) 6232 3220) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

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