Change - Announcement of Cessation::CESSATION OF CHIEF EXECUTIVE OFFICER

Cessation of Luke Ho Khee Yong as Chief Executive Officer.

This announcement has been reviewed by the Company s sponsor, Stamford Corporate Services Pte Ltd (the 'Sponsor
'). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (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.

The contact person for the Sponsor is Mr. Bernard Lui.
Telephone: [phone]. Email: [e-mail]