Delisting of Security::Mandatory

CHEUNG WOH TECHNOLOGIES LTD

(Company Registration No: 197201205Z)

(Incorporated in the Republic of Singapore)

DATE OF DELISTING OF CHEUNG WOH TECHNOLOGIES LTD FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED (THE "SGX-ST")

1. INTRODUCTION

The board of directors (the "Board" or the "Directors") of Cheung Woh Technologies Ltd (the "Company") wishes to refer the shareholders of the Company (the "Shareholders") to:

1. the announcement dated 6 May 2021 made by Maybank Kim Eng Securities Pte. Ltd. ("MKES"), for and on behalf of Woh Seng Holdings Pte. Ltd. (the "Offeror"), in respect of the voluntary conditional offer (the "Offer") for all the issued and paid-up ordinary shares (the "Shares") in the capital of the Company other than those already held by the Company as treasury shares and those already owned, controlled or agreed to be acquired by the Offeror as at the date of the Offer in accordance with Rule 15 of The Singapore Code on Take-overs and Mergers (the "Code");
2. the formal offer document dated 25 May 2021 ("Offer Document") issued by MKES for and on behalf of the Offeror, in connection with the Offer;
3. the offeree circular dated 8 June 2021 issued by the Company in relation to the Offer;
4. the announcement dated 14 June 2021 made by MKES, for and on behalf of the Offeror, in relation to, inter alia, the Offer being declared unconditional in all respects and the final closing date of the Offer;
5. the announcement dated 15 June 2021 released by the Company in relation to the Offer being declared unconditional in all respects and the loss of public float of the Company;
6. the announcement dated 5 July 2021 released by the Company in relation to the approval of the SGX-ST for the delisting and waiver from compliance with Rule 707(1) and Rule 707(2) of the Listing Manual of the SGX-ST;
7. the announcement dated 7 July 2021 made by MKES, for and on behalf of the Offeror, in relation to, inter alia, the close of the Offer; and
8. the announcement dated 28 July 2021 made by MKES, for and on behalf of the Offeror, in relation to the Offeror's exercise of its right of compulsory acquisition of Shares in the Company.

Electronic copies of the abovementioned documents and announcements are available on the website of the SGX-ST at http://www.sgx.com.

Capitalised terms used herein, but not otherwise defined, shall have the meaning ascribed to them in the Offer Document and the relevant announcements.

1. DELISTING OF THE COMPANY
   The Board wishes to announce that upon the completion of the Offeror's exercise of its right of compulsory acquisition, the Company will be delisted from the SGX-ST with effect from 9.00 a.m. (Singapore time) on 3 August 2021.
2. RESPONSIBILITY STATEMENT
   The Directors (including those who may have delegated detailed supervision of this announcement) have taken all reasonable care to ensure that the facts stated and all opinions expressed in this announcement (other than those relating to the Offeror) are fair and accurate and that no material facts have been omitted from this announcement, and they jointly and severally accept responsibility accordingly.
   Where any information has been extracted or reproduced from published or otherwise publicly available sources (including, without limitation, the Offer Document and any other announcements made by or on behalf of the Offeror), the sole responsibility of the Directors has been to ensure, through reasonable enquiries, that such information has been accurately extracted from such sources or, as the case may be, reflected or reproduced in this announcement.

BY ORDER OF THE BOARD

Dr Chen Yuk Fu

Lead Independent Director

30 July 2021