| Announcement Title | Capital Reduction |
| Date & Time of Broadcast | May 17, 2022 18:29 |
| Status | Replace |
| Corporate Action Reference | SG220513DECRZUIK |
| Submitted By (Co./ Ind. Name) | Chung Chee Khuen |
| Designation | Chief Executive Officer |
| Cash Payout | Yes |
| Current Share Capital | 177,821,664 |
| New Share Capital | 3,264,333 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | This announcement is to update that the respective entitlement of the Shareholders to the Cash Distribution Amount is equal to S$0.011639834 per Share. |
| Additional Text | This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). |
| Additional Text | This announcement 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. |
| Additional Text | The contact person for the Sponsor is Ms Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg. |
| Event Dates | |
| Record Date and Time | 20/05/2022 17:00:00 |
| Ex Date | 19/05/2022 |
| Disbursement Details | |
| Cash Payment Details | |
| Offer Price | SGD 0.01164 |
| Pay Date | 27/05/2022 |
| Outstanding Securities Redeemed (%) | 98.164265857 |
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