MULTI-CHEM LIMITED

(Company Registration No. 198500318Z)

(Incorporated in the Republic of Singapore)

MEMBER'S VOLUNTARY LIQUIDATION OF A SUBSIDIARY

The Board of Directors of Multi-Chem Limited (the "Company" or together with its subsidiaries the "Group") wishes to announce that its wholly-owned subsidiary incorporated in the People's Republic of China, Multi-Chem Electronics (Kunshan) Co., Ltd ("Multi-Chem Kunshan"), had received the Certificate confirming completion of the member's voluntary liquidation of Multi-Chem Kunshan. Accordingly, Multi-Chem Kunshan ceased to be a subsidiary of the Group.

The said transaction is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the financial year ending 31 December 2020.

None of the Directors or substantial shareholders has any interest, direct or indirect, in the above transaction, save for their interest arising by way of their shareholdings and/ or directorships in the Company.

By Order of the Board

Han Juat Hoon

Director

25 November 2020

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Multi-Chem Limited published this content on 25 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2020 12:06:03 UTC