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PROPOSED CAPITALISATION OF SHAREHOLDER'S LOANS AMOUNTING TO S$15,480,000 OWING BY THE COMPANY TO SURREYVILLE PTE LTD INTO 90,000,000 NEW ORDINARY SHARES OF THE COMPANY (THE "CAPITALISATION SHARES") AT AN ISSUE PRICE OF S$0.172 PER CAPITALISATION SHARE (THE "PROPOSED CAPITALISATION") - APPROVAL IN-PRINCIPLE FROM THE SGX-ST

BackDec 10, 2021

Announcement Title	General Announcement
Date & Time of Broadcast	Dec 10, 2021 21:41
Status	New
Announcement Sub Title	Proposed Capitalisation of Shareholder Loans - Approval In-Principle from the SGX-ST
Announcement Reference	SG211210OTHRG8MV
Submitted By (Co./ Ind. Name)	Chang Cheng-Hsing Francis
Designation	Group CEO & Executive Director
Description (Please provide a detailed description of the event in the box below)	Please refer to the attachment.

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