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| New Name of Company | Following the completion of the proposed acquisition of the entire share capital of FE Resources Pte. Ltd. and pursuant to the resolutions passed at the EGM held on 25 June 2018, the Special Resolution on the Proposed Change of Name from "China Bearing (Singapore) Ltd." to "Silkroad Nickel Ltd." has been lodged with ACRA on 5 July 2018. |
| Additional Text | The change of the Company's name and its trading counter name on the Catalist will be effective from 9.00 a.m. on 10 July 2018. The Company will update Shareholders on its new trading counter name in due course. |
| Additional Text | This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), for compliance with the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist. |
| Additional Text | The Sponsor has not independently verified the contents of this announcement. |
| Additional Text | 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. |
| Additional Text | The contact person for the Sponsor is Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone (65) 6636 4201. |