Announcements

THE PROPOSED CONVERSION OF HBD LOAN AND THE PROPOSED ALLOTMENT AND ISSUANCE OF 372,855,000 CONVERSION SHARES AT THE CONVERSION PRICE OF S$0.04 FOR EACH CONVERSION SHARE AND 1,864,275,000 FREE DETACHABLE WARRANTS, EACH CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) EXERCISED SHARE AT AN EXERCISE PRICE OF S$0.048 FOR EACH EXERCISED SHARE, ON THE BASIS OF FIVE (5) WARRANTS FOR EVERY ONE (1) CONVERSION SHARE TO HENGFAI BUSINESS DEVELOPMENT PTE. LTD. (“HBD”), AN ASSOCIATE OF MR CHAN HENG FAI, A DIRECTOR AND CONTROLLING SHAREHOLDER OF THE COMPANY

Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)

Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer

REPL::Extraordinary/ Special General Meeting::Voluntary

Extraordinary/ Special General Meeting::Voluntary

Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)

Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer

ISSUANCE AND ALLOTMENT OF 100,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY

General Announcement::UPDATES

Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)