General Announcement::EXTENSION OF JUDICIAL MANAGEMENT ORDERS

SEN YUE HOLDINGS LIMITED

(under judicial management)

Registration Number 200105909M

(Incorporated in the Republic of Singapore)

EXTENSION OF JUDICIAL MANAGEMENT ORDERS

Capitalised terms not defined herein shall have the meanings ascribed to them in the Company's announcement dated 2 April 2021, 4 May 2021, 10 May 2021, 10 June 2021, 10 July 2021, 19 July 2021, 10 August 2021, 25 August 2021, 10 September 2021, 22 September 2021, 7 October 2021, 12 October 2021 and 20 October 2021.

1. The Judicial Managers of Sen Yue Holdings Limited (under judicial management) (the "Company") refer to their previous announcement dated 20 October 2021 regarding the applications taken out by the Judicial Managers of the Company and its subsidiary, SMC Industrial Pte Ltd (under judicial management) ("SMC"), for the extension of the judicial management periods in respect of the Company and SMC (the "Extension Applications").
2. The Judicial Managers wish to announce that, on 3 November 2021, the High Court of Singapore granted the Extension Applications and extended the judicial management periods of the Company and SMC to 9 May 2022.
3. The Order of Court may be obtained from the solicitors for the Judicial Managers by way of email request [e-mail].
4. The Judicial Managers will provide further updates on the progress of the judicial management in due course.

Shareholders are advised to read this announcement and any further announcements by the Company carefully. In the event of any doubt, Shareholders should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

Submitted by the Judicial Managers

For and On Behalf of the Company

Chee Yoh Chuang and Lin Yueh Hung Joint and Several Judicial Manager c/o RSM Corporate Advisory Pte Ltd 3 November 2021

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This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities

Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.

The contact person for the Sponsor is Ms. Lim Hui Ling, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318,[e-mail].