Asset Acquisitions and Disposals::INCORPORATION OF A SUBSIDIARY IN AFRICA

Issuer & Securities

Announcement Title: Asset Acquisitions and Disposals
Date &Time of Broadcast: 21-Mar-2016 18:07:40
Status: New
Announcement Sub Title: INCORPORATION OF A SUBSIDIARY IN AFRICA
Announcement Reference: SG160321OTHRS4BI
Submitted By (Co./ Ind. Name): John Gronbech
Designation: Executive Director and CEO
Description (Please provide a detailed description of the event in the box below): Please see attached.

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Canaccord Genuity Singapore Pte. Ltd. ("Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes 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. Leong Huey Miin, Director, Corporate Finance, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854 6160.

Total size =259K