Placements::Proposed Placement of 135,135,136 New Ordinary Shares in the Capital of the Company

Issuer & Securities

Announcement Title: Placements
Date &Time of Broadcast: 10-Jul-2024 21:47:30
Status: New
Announcement Sub Title: Proposed Placement of 135,135,136 New Ordinary Shares in the Capital of the Company
Announcement Reference: SG240710OTHRR1HH
Submitted By (Co./ Ind. Name): Ong Shen Chieh (Wang Shengjie)
Designation: Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below): Please refer to the attached Company's announcement in relation to Proposed Placement of up to 135,135,136 new ordinary shares in the capital of the Company:

(1) Proposed subscription of 33,783,784 new ordinary shares at the issue price of S$0.0148 per share (First Placement Tranche)
(2) Proposed subscription of 101,351,352 new ordinary shares at the issue price of S$0.0148 per share (Subsequent Placement Tranche)

The announcement has been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the sponsor is Mr. Khong Choun Mun at 36 Robinson Road, #10-06 City House, Singapore 068877, Email: sponsor@rhtgoc.com.

Total size =201K