TIONG SENG HOLDINGS LIMITED

(Incorporated in Singapore)

(Company Registration No. 200807295Z)

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AWARD OF BUILDING CONSTRUCTION CONTRACT

The Board of Directors of Tiong Seng Holdings Limited (the "Company" together with its subsidiaries, the "Group") wishes to announce that its wholly-own subsidiary, Tiong Seng Contractors (Pte) Ltd, has been awarded a building contract (the "Contract") of approximately S$380 million.

The Contract is not expected to have any material impact on the net tangible assets and earnings per share of the Group for the current financial year ending 31 December 2021.

None of the directors or controlling shareholder of the Company has any interest, direct or indirect, in the Contract.

BY ORDER OF THE BOARD

TIONG SENG HOLDINGS LIMITED

Pay Sim Tee

Executive Director and CEO

16 September 2021

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Tiong Seng Holdings Limited published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 10:51:04 UTC.