Share Buy Back - Daily Share Buy-Back Notice::Share Buyback

Issuer & Securities

Announcement Title: Share Buy Back - Daily Share Buy-Back Notice
Date &Time of Broadcast: 18-Jan-2016 19:14:50
Status: New
Announcement Sub Title: Share Buyback
Announcement Reference: SG160118OTHR30ZZ
Submitted By (Co./ Ind. Name): Ms Chin Hooi Yen
Designation: Company Secretary
Description (Please provide a detailed description of the event in the box below): Share Buyback by way of market acquisition

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the 'Sponsor'), for compliance with the Singapore Exchange Securities Trading Limited (the 'SGX-ST') Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Lance Tan, Director, Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles Singapore 049318; telephone (65) 6229 8088.

#Percentage of company's issued shares excluding treasury shares as at the date of the share buy-back resolution
^From the date on which share buy-back mandate is obtained

Number of issued shares excluding treasury shares after purchase: 185,258,497
Number of treasury shares held after purchase: 6,300,000

	Singapore Exchange	Overseas Exchange
Date of Purchase	18/01/2016
Total Number of shares purchased	6,300,000
Number of shares cancelled	0
Number of shares held as treasury shares	6,300,000

Price Paid per share	SGD 0.09976
Total Consideration (including stamp duties, clearing changes etc) paid or payable for the shares	SGD 630,438.2

Cumulative No. of shares purchased to date^	Number	Percentage#
By way of Market Acquisition	6,300,000	3.3
By way off Market Acquisition on equal access scheme	0	0
Total	6,300,000	3.3