General Announcement::USE OF PROCEEDS FROM SHARE PLACEMENT

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 10-Jan-2020 19:20:41
Status: New
Announcement Sub Title: USE OF PROCEEDS FROM SHARE PLACEMENT
Announcement Reference: SG200110OTHRNSOJ
Submitted By (Co./ Ind. Name): Monica Kwok
Designation: VP
Description (Please provide a detailed description of the event in the box below): Please refer to the attachment.

The announcement had been prepared by the Company and its contents have been reviewed by the Company's sponsor, RHT Capital Pte. Ltd. (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 the SGX-ST. The SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinion made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Shervyn Essex, Registered Professional, Registered Professional, RHT Capital Pte. Ltd., 9 Raffles Place #29-01, Republic Plaza Tower 1, Singapore 048619. Telephone: 6381 6757.

Total size =570K