Placements::Proposed Issuance of 30,000,000 New Ordinary Shares in the Capital of the Company

Issuer & Securities

Announcement Title: Placements
Date &Time of Broadcast: 10-Aug-2016 21:08:38
Status: New
Announcement Sub Title: Proposed Issuance of 30,000,000 New Ordinary Shares in the Capital of the Company
Announcement Reference: SG160810OTHRW30W
Submitted By (Co./ Ind. Name): Lee Sze Siang
Designation: Executive Director
Description (Please provide a detailed description of the event in the box below): Please refer to the attached.

The Capital amount - old and the number of existing outstanding shares includes the proposed placement of 20 million shares. The Company has received the Listing and Quotation Notice in relation to the proposed placement of 20 million shares from the Singapore Exchange Securities Trading Limited on 4 August 2016 and had allotted 17,400,000 shares on 10 August 2016.

Total size =141K