Insider Trades

RemarksAcquisition of Securities via market transaction

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$13,058.4

Immediately after the transaction

No. of ordinary voting shares/units held: 896000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.062 (Direct Interest); 0 (Deemed Interest)

No. of rights/options/warrants held: 35,781 shareholder warrants
No. of shares/units underlying the rights/options/warrants: 35,781 unissued ordinary shares

The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksAcquisition of Securities via market transaction

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$10,335

Immediately after the transaction

No. of ordinary voting shares/units held: 596000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.04000000 (Direct Interest); 0.00000000 (Deemed Interest)

No. of rights/options/warrants held: 35,781 shareholder warrants
No. of shares/units underlying the rights/options/warrants: 35,781 unissued ordinary shares

The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksTransfer of 480,000,000 shares held under the name CGS-CIMB Securities (Singapore) Pte. Ltd. to Mr. Pang Yoke Min. By virtue of such transfer, the deemed interest over 480,000,000 shares be changed to direct interest. There is no change in beneficial ownership. Immediately after the transaction

No. of ordinary voting shares/units held: 730674256 (Direct Interest); 186188000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 50.46 (Direct Interest); 12.86 (Deemed Interest) No. of rights/options/warrants held: 34,027,949 management warrants No. of shares/units underlying the rights/options/warrants: 34,027,949 unissued ordinary shares

Mr Pang Yoke Min is deemed to be interested in the 186,188,000 shares (Table 1) and 32,616,553 management warrants (Table 3) held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100% of the shares in YM InvestCo Pte. Ltd. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 10,739,463 management warrants pursuant to the exercise of the Additional Management Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 186188000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 12.86 (Direct Interest); 0 (Deemed Interest)

1. YM InvestCo Pte. Ltd. ("YM"), the substantial shareholder of PRL, is an entity with 100% interest owned by key management personnel of PRL, namely Mr Pang Yoke Min and his associates. By virtual of such interest, YM is entitled to 10,739,463 management warrants pursuant to the exercise of the Additional Management warrant adjustment. As a result, YM has direct interest in 32,616,553 management warrants of PRL. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 1,360,431 shareholder warrants pursuant to the exercise of the Additional Shareholder Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 11058200 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.764 (Direct Interest); 0 (Deemed Interest) No. of rights/options/warrants held: 4,131,731 shareholder warrants No. of shares/units underlying the rights/options/warrants: 4,131,731 unissued ordinary shares

1. Mr. Yong is entitled to 1,360,431 shareholder warrants shares pursuant to the exercise of the Additional Shareholder Warrants adjustment. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 1,227 shareholder warrants pursuant to the exercise of the Additional Shareholder Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 2500 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.0002 (Direct Interest); 0 (Deemed Interest) No. of rights/options/warrants held: 3,727 shareholder warrants No. of shares/units underlying the rights/options/warrants: 3,727 unissued ordinary shares

1. Mr. Ng is entitled to 1,227 shareholder warrants shares pursuant to the exercise of the Additional Shareholder Warrants adjustment. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 11,781 shareholder warrants pursuant to the exercise of the Additional Shareholder Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 296000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.02 (Direct Interest); 0 (Deemed Interest) No. of rights/options/warrants held: 35,782 shareholder warrants No. of shares/units underlying the rights/options/warrants: 35,782 unissued ordinary shares

1. Mr. Goh is entitled to 11,781 shareholder warrants shares pursuant to the exercise of the Additional Shareholder Warrants adjustment. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 101,656 management warrants pursuant to the exercise of the Additional Management Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 45273160 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 3.13 (Direct Interest); 0 (Deemed Interest) No. of rights/options/warrants held: 308,738 management warrants No. of shares/units underlying the rights/options/warrants: 308,738 unissued ordinary shares

1. Mr. Pang is entitled to 101,656 management warrants shares pursuant to the exercise of the Additional Management Warrants adjustment. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 1,268 management warrants pursuant to the exercise of the Additional Management Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 18045940 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 1.25 (Direct Interest); 0 (Deemed Interest) No. of rights/options/warrants held: 3,853 management warrants No. of shares/units underlying the rights/options/warrants: 3,853 unissued ordinary shares

1. Mr. Pang is entitled to 1,268 management warrants shares pursuant to the exercise of the Additional Management Warrants adjustment. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksEntitlement of 464,722 management warrants pursuant to the exercise of the Additional Management Warrants adjustment. Immediately after the transaction

No. of ordinary voting shares/units held: 250674256 (Direct Interest); 666188000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 17.31 (Direct Interest); 46.01 (Deemed Interest) No. of rights/options/warrants held: 34,027,949 management warrants No. of shares/units underlying the rights/options/warrants: 34,027,949 unissued ordinary shares

Mr Pang Yoke Min is: a) deemed to be interested in the 186,188,000 shares (Table 1) and 32,616,553 management warrants (Table 3) held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100% of the shares in YM InvestCo Pte. Ltd. b) deemed to have interest over the 480,000,000 shares (Table 1) held under the name CGS-CIMB Securities (Singapore) Pte. Ltd. 1. Mr. Pang is entitled to 464,722 management warrants shares pursuant to the exercise of the Additional Management Warrants adjustment. 2. The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at the date of this announcement.

RemarksAcquisition of Securities pursuant to rights issue

Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$3,211,743.00

Immediately after the transaction

No. of ordinary voting shares/units held: 186188000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 12.86 (Direct Interest); 0 (Deemed Interest)

1. YM InvestCo Pte. Ltd. ("YM"), the substantial shareholder of PRL, is an entity with 100% interest owned by key management personnel of PRL, namely Mr Pang Yoke Min and his associates. YM has direct interest in 21,877,090 management warrants of PRL.

2. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024.

3. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

RemarksAcquisition of Securities pursuant to rights issue

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$190,598.00

Immediately after the transaction

No. of ordinary voting shares/units held: 11058200 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.7637 (Direct Interest); 0 (Deemed Interest)

No. of rights/options/warrants held: 2,771,300 shareholder warrants
No. of shares/units underlying the rights/options/warrants: 2,771,300 unissued ordinary shares

1. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024.

2. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

RemarksChange of percentage of shareholding due to rights issue. Immediately after the transaction

No. of ordinary voting shares/units held: 2500 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.0002 (Direct Interest); 0 (Deemed Interest) No. of rights/options/warrants held: 2,500 shareholder warrants No. of shares/units underlying the rights/options/warrants: 2,500 unissued ordinary shares

1. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024. 2. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

RemarksAcquisition of Securities pursuant to rights issue

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$6,256.00

Immediately after the transaction

No. of ordinary voting shares/units held: 296000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.020 (Direct Interest); 0 (Deemed Interest)

No. of rights/options/warrants held: 24,000 shareholder warrants
No. of shares/units underlying the rights/options/warrants: 24,000 unissued ordinary shares

1. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024.

2. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

RemarksAcquisition of Securities pursuant to rights issue

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$1,028,848.00

Immediately after the transaction

No. of ordinary voting shares/units held: 45273160 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 3.13 (Direct Interest); 0 (Deemed Interest)

No. of rights/options/warrants held: 207,082 management warrants
No. of shares/units underlying the rights/options/warrants: 207,082 unissued ordinary shares

1. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024.

2. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

RemarksAcquisition of Securities pursuant to rights issue

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$412,630.00

Immediately after the transaction

No. of ordinary voting shares/units held: 18045940 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 1.25 (Direct Interest); 0 (Deemed Interest)

No. of rights/options/warrants held: 2,585 management warrants
No. of shares/units underlying the rights/options/warrants: 2,585 unissued ordinary shares

1. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024.

2. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

RemarksAcquisition of Securities pursuant to rights issue

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$4,324,130.00

Immediately after the transaction

No. of ordinary voting shares/units held: 250674256 (Direct Interest); 666188000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 17.31 (Direct Interest); 46.01 (Deemed Interest)

No. of rights/options/warrants held: 22,823,764 management warrants
No. of shares/units underlying the rights/options/warrants: 22,823,764 unissued ordinary shares

Mr Pang Yoke Min is:
a) deemed to be interested in the 186,188,000 shares (Table 1) and 21,877,090 management warrants (Table 3) held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100% of the shares in YM InvestCo Pte. Ltd.
b) deemed to have interest over the 480,000,000 shares (Table 1) held under the name CGS-CIMB Securities (Singapore) Pte. Ltd.

1. The percentage for "Immediately before the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 31 January 2024.

2. The percentage for "Immediately after the transaction" is calculated based on 1,447,992,902 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 1 February 2024.

Remarksa. Pledge of 120,000,000 shares in Pacific Radiance Ltd. ("the Company") by Mr Pang Yoke Min ("Mr Pang") to CGS-CIMB Securities (Singapore) Pte. Ltd., (" CGS-CIMB") as collateral for credit facilities obtained by Mr Pang. b. Subsequent to the pledge of the 120,000,000 shares, CGS-CIMB was provisionally allotted 360,000,000 rights shares on behalf of Mr Pang. c. Mr Pang is deemed to have the interest over the 360,000,000 rights shares provisionally allotted to CGS-CIMB. Immediately after the transaction

No. of ordinary voting shares/units held: 62668564 (Direct Interest); 166547000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 13.91 (Direct Interest); 36.95 (Deemed Interest) No. of rights/options/warrants held: Type of Securities: a. 22,823,764 management warrants b. provisional allotment of 360,000,000 rights shares No. of shares/units underlying the rights/options/warrants: Type of Securities: a. 22,823,764 unissued ordinary shares b. provisional allotment of 360,000,000 rights shares

Mr Pang Yoke Min is: a) deemed to be interested in the 46,547,000 shares (Table 1) and 21,877,090 management warrants (Table 3) held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100% of the shares in YM InvestCo Pte. Ltd. b) deemed to have interest over the 120,000,000 shares (Table 1) and 360,000,000 rights shares provisionally allotted to CGS-CIMB (Table 3). The percentage for "Immediately before the transaction" and "Immediately after the transaction" is calculated based on 450,709,457 issued and paid-up shares (excluding 1,032,700 treasury shares) in the share capital of the Company as at 22 January 2024.

RemarksIncrease in the total number of issued ordinary shares ("OS") of the Company as a result of issuance of (i)1,807,360,000 new OS to the Noteholders in redemption of the S$100 million in principal amount of the Notes outstanding, (ii) 175,763,400 new OS to the entitled lenders as part of the discharge of the liabilities owing by the Company to the entitled lenders, and (iii) 1,808,543,200 new OS to the PRL key management to comply with the conditions of the management umbrella agreement. Immediately after the transaction

No. of ordinary voting shares/units held: 27713000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.6149 (Direct Interest); 0 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022. 2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksIncrease in the total number of issued ordinary shares ("OS") of the Company as a result of issuance of (i)1,807,360,000 new OS to the Noteholders in redemption of the S$100 million in principal amount of the Notes outstanding, (ii) 175,763,400 new OS to the entitled lenders as part of the discharge of the liabilities owing by the Company to the entitled lenders, and (iii) 1,808,543,200 new OS to the PRL key management to comply with the conditions of the management umbrella agreement. Immediately after the transaction

No. of ordinary voting shares/units held: 25000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.0006 (Direct Interest); 0 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022. 2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksIncrease in the total number of issued ordinary shares ("OS") of the Company as a result of issuance of (i)1,807,360,000 new OS to the Noteholders in redemption of the S$100 million in principal amount of the Notes outstanding, (ii) 175,763,400 new OS to the entitled lenders as part of the discharge of the liabilities owing by the Company to the entitled lenders, and (iii) 1,808,543,200 new OS to the PRL key management to comply with the conditions of the management umbrella agreement. Immediately after the transaction

No. of ordinary voting shares/units held: 46911256 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 1.04 (Direct Interest); 0 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022. 2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksIncrease in the total number of issued ordinary shares ("OS") of the Company as a result of issuance of (i)1,807,360,000 new OS to the Noteholders in redemption of the S$100 million in principal amount of the Notes outstanding, (ii) 175,763,400 new OS to the entitled lenders as part of the discharge of the liabilities owing by the Company to the entitled lenders, and (iii) 1,808,543,200 new OS to the PRL key management to comply with the conditions of the management umbrella agreement. Immediately after the transaction

No. of ordinary voting shares/units held: 1624970 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.03610000 (Direct Interest); 0.00000000 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022. 2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksIncrease in the total number of issued ordinary shares ("OS") of the Company as a result of issuance of (i)1,807,360,000 new OS to the Noteholders in redemption of the S$100 million in principal amount of the Notes outstanding, (ii) 175,763,400 new OS to the entitled lenders as part of the discharge of the liabilities owing by the Company to the entitled lenders, and (iii) 1,808,543,200 new OS to the PRL key management to comply with the conditions of the management umbrella agreement. Immediately after the transaction

No. of ordinary voting shares/units held: 240000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.0053 (Direct Interest); 0.00000000 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022. 2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksIncrease in the total number of issued ordinary shares ("OS") of the Company as a result of issuance of (i)1,807,360,000 new OS to the Noteholders in redemption of the S$100 million in principal amount of the Notes outstanding, (ii) 175,763,400 new OS to the entitled lenders as part of the discharge of the liabilities owing by the Company to the entitled lenders, and (iii) 1,808,543,200 new OS to the PRL key management to comply with the conditions of the management umbrella agreement. Immediately after the transaction

No. of ordinary voting shares/units held: 465470000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 10.33 (Direct Interest); 0 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022. 2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksSubscription of 1,000,000 ordinary shares at a consideration of SGD 552.93 pursuant to the management umbrella agreement which forms part of the debt restructuring plan.

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$552.93

Immediately after the transaction

No. of ordinary voting shares/units held: 5406000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.11990000 (Direct Interest); 0.00000000 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022.

2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksSubscription of 1,000,000 ordinary shares at a consideration of SGD 552.93 pursuant to the management umbrella agreement which forms part of the debt restructuring plan.

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$552.93

Immediately after the transaction

No. of ordinary voting shares/units held: 1055000 (Direct Interest); 0 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 0.0234 (Direct Interest); 0 (Deemed Interest)

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022.

2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksSubscription of 1,806,543,200 ordinary shares at a consideration of S$998,894.14 pursuant to the management umbrella agreement which forms part of the debt restructuring plan.

Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): S$998,894.14

Immediately after the transaction

No. of ordinary voting shares/units held: 1826685644 (Direct Interest); 465470000 (Deemed Interest)
As a percentage of total no. of ordinary voting shares/units: 40.53000000 (Direct Interest); 10.33 (Deemed Interest)

Mr. Pang Yoke Min is deemed to be interested in the 465,470,000 shares held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100.0% of the shares in YM InvestCo Pte. Ltd.

1. The percentage for "Immediately before the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 31 August 2022.

2. The percentage for "Immediately after the transaction" is calculated based on 4,507,094,613 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 1 September 2022.

RemarksVesting of rights over 56,000 awarded shares pursuant to PSP 2017. Mr. Pang Wei Kuan, James ("Mr. Pang") has subsequently assigned his entitlement to the rest of eligible PSP 2017 participants (refer to Remark 1). Immediately after the transaction

No. of ordinary voting shares/units held: 4406000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.62000000 (Direct Interest); 0.00000000 (Deemed Interest) No. of rights/options/warrants held: 0 No. of shares/units underlying the rights/options/warrants: 0

1) The variance of 8,000 rights over awarded shares between "total number of rights immediately after transaction of 48,000" as stated in the announcement of 3 January 2020 and "total number of rights immediately before transaction of 56,000" as stated in this announcement was due to the former number was calculated based on performance forecast while the latter number was calculated based on actual performance where the performance conditions set out in PSP 2017 have been exceeded. In accordance to the specified performance measurement parameters, Mr. Pang is entitled to 56,000 awarded shares calculated based on the actual performance instead of 48,000 awarded shares calculated based on performance forecast. To assist the Company in its efforts in motivating and retaining its management staff, Mr. Pang has assigned his entitlement of 56,000 awarded shares to be allocated to the rest of eligible PSP 2017 participants. 2. The percentage for "Immediately before the transaction" is calculated based on 714,657,013 issued and paid-up shares (excluding 11,098,000 treasury shares) in the share capital of the Company as at 25 May 2020. 3. The percentage for "Immediately after the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 26 May 2020.

RemarksVesting of rights over 72,000 awarded shares pursuant to PSP 2017. Mr. Lau Boon Hwee ("Mr. Lau") has subsequently assigned his entitlement to the rest of eligible PSP 2017 participants (refer to Remark 1). Immediately after the transaction

No. of ordinary voting shares/units held: 1624970 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.23000000 (Direct Interest); 0.00000000 (Deemed Interest) No. of rights/options/warrants held: 0 No. of shares/units underlying the rights/options/warrants: 0

1) The variance of 24,000 rights over awarded shares between "total number of rights immediately after transaction of 48,000" as stated in the announcement of 31 July 2019 and "total number of rights immediately before transaction of 72,000" as stated in this announcement was due to the former number was calculated based on performance forecast while the latter number was calculated based on actual performance where the performance conditions set out in PSP 2017 have been exceeded. In accordance to the specified performance measurement parameters, Mr. Lau is entitled to 72,000 awarded shares calculated based on the actual performance instead of 48,000 awarded shares calculated based on performance forecast. To assist the Company in its efforts in motivating and retaining its management staff, Mr. Lau has assigned his entitlement of 72,000 awarded shares to be allocated to the rest of eligible PSP 2017 participants. 2. The percentage for "Immediately before the transaction" is calculated based on 714,657,013 issued and paid-up shares (excluding 11,098,000 treasury shares) in the share capital of the Company as at 25 May 2020. 3. The percentage for "Immediately after the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 26 May 2020.

RemarksVesting of rights over 56,000 awarded shares pursuant to PSP 2017. Mr. Pang Wei Meng ("Mr. Pang") has subsequently assigned his entitlement to the rest of eligible PSP 2017 participants (refer to Remark 1). Immediately after the transaction

No. of ordinary voting shares/units held: 55000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00770000 (Direct Interest); 0.00000000 (Deemed Interest) No. of rights/options/warrants held: 0 No. of shares/units underlying the rights/options/warrants: 0

1) The variance of 8,000 rights over awarded shares between "total number of rights immediately after transaction of 48,000" as stated in the announcement of 31 July 2019 and "total number of rights immediately before transaction of 56,000" as stated in this announcement was due to the former number was calculated based on performance forecast while the latter number was calculated based on actual performance where the performance conditions set out in PSP 2017 have been exceeded. In accordance to the specified performance measurement parameters, Mr. Pang is entitled to 56,000 awarded shares calculated based on the actual performance instead of 48,000 awarded shares calculated based on performance forecast. To assist the Company in its efforts in motivating and retaining its management staff, Mr. Pang has assigned his entitlement of 56,000 awarded shares to be allocated to the rest of eligible PSP 2017 participants. 2. The percentage for "Immediately before the transaction" is calculated based on 714,657,013 issued and paid-up shares (excluding 11,098,000 treasury shares) in the share capital of the Company as at 25 May 2020. 3. The percentage for "Immediately after the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 26 May 2020.

RemarksVesting of rights over 88,000 awarded shares pursuant to PSP 2017. Mr. Pang Yoke Min ("Mr. Pang") has subsequently assigned his entitlement to the rest of eligible PSP 2017 participants (refer to Remark 1). Immediately after the transaction

No. of ordinary voting shares/units held: 20142444 (Direct Interest); 465470000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 2.82000000 (Direct Interest); 65.06000000 (Deemed Interest) No. of rights/options/warrants held: 0 No. of shares/units underlying the rights/options/warrants: 0

Mr. Pang Yoke Min is deemed to be interested in the 465,470,000 shares held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100.0% of the shares in YM InvestCo Pte. Ltd. 1) The variance of 14,000 rights over awarded shares between "total number of rights immediately after transaction of 74,000" as stated in the announcement of 31 July 2019 and "total number of rights immediately before transaction of 88,000" as stated in this announcement was due to the former number was calculated based on performance forecast while the latter number was calculated based on actual performance where the performance conditions set out in PSP 2017 have been exceeded. In accordance to the specified performance measurement parameters, Mr. Pang is entitled to 88,000 awarded shares calculated based on the actual performance instead of 74,000 awarded shares calculated based on performance forecast. To assist the Company in its efforts in motivating and retaining its management staff, Mr. Pang has assigned his entitlement of 88,000 awarded shares to be allocated to the rest of eligible PSP 2017 participants. 2. The percentage for "Immediately before the transaction" is calculated based on 714,657,013 issued and paid-up shares (excluding 11,098,000 treasury shares) in the share capital of the Company as at 25 May 2020. 3. The percentage for "Immediately after the transaction" is calculated based on 715,428,013 issued and paid-up shares (excluding 10,327,000 treasury shares) in the share capital of the Company as at 26 May 2020.

Remarks1. Expiring of rights over 103,000 awarded shares; and 2. Vesting of rights over 15,000 awarded shares. Immediately after the transaction

No. of ordinary voting shares/units held: 1624970 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.23000000 (Direct Interest); 0.00000000 (Deemed Interest) No. of rights/options/warrants held: 166,000 rights No. of shares/units underlying the rights/options/warrants: 166,000 unissued ordinary shares

1. The variance of 71,000 rights over shares between "total number of rights immediately after transaction of 355,000" as stated in the announcement of 14 November 2017 and "total number of rights immediately before transaction of 284,000" as stated in this announcement was due to the former number was calculated based on performance forecast while the latter number was calculated based on actual performance. The variance of 71,000 rights over shares was an adjustment to these two numbers. 2. Percentage is calculated based on 725,755,013 issued and paid-up shares in the share capital of the Company as at 12 November 2013. 3. Percentage is calculated based on 713,726,013 issued and paid-up shares (excluding 12,029,000 treasury shares) in the share capital of the Company immediately after the above-mentioned transfer of treasury shares as at 31 July 2018.

Remarks1. Expiring of rights over 103,000 awarded shares; and 2. Vesting of rights over 15,000 awarded shares. Immediately after the transaction

No. of ordinary voting shares/units held: 55000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00770000 (Direct Interest); 0.00000000 (Deemed Interest) No. of rights/options/warrants held: 166,000 rights No. of shares/units underlying the rights/options/warrants: 166,000 unissued ordinary shares

1. Percentage is calculated based on 725,755,013 issued and paid-up shares in the share capital of the Company as at 12 November 2013. 2. Percentage is calculated based on 713,726,013 issued and paid-up shares (excluding 12,029,000 treasury shares) in the share capital of the Company immediately after the above-mentioned transfer of treasury shares as at 31 July 2018.

Remarks1. Expiring of rights over 103,000 awarded shares; and 2. Vesting of rights over 15,000 awarded shares. Immediately after the transaction

No. of ordinary voting shares/units held: 46911256 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 6.57000000 (Direct Interest); 0.00000000 (Deemed Interest) No. of rights/options/warrants held: 166,000 rights No. of shares/units underlying the rights/options/warrants: 166,000 unissued ordinary shares

1. The variance of 71,000 rights over shares between "total number of rights immediately after transaction of 355,000" as stated in the announcement of 14 November 2017 and "total number of rights immediately before transaction of 284,000" as stated in this announcement was due to the former number was calculated based on performance forecast while the latter number was calculated based on actual performance. The variance of 71,000 rights over shares was an adjustment to these two numbers. 2. Percentage is calculated based on 725,755,013 issued and paid-up shares in the share capital of the Company as at 17 October 2014. 3. Percentage is calculated based on 713,726,013 issued and paid-up shares (excluding 12,029,000 treasury shares) in the share capital of the Company immediately after the above-mentioned transfer of treasury shares as at 31 July 2018.

Remarks1. Expiring of rights over 159,000 awarded shares; and 2. Vesting of rights over 22,000 awarded shares. Immediately after the transaction

No. of ordinary voting shares/units held: 20142444 (Direct Interest); 465470000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 2.82000000 (Direct Interest); 65.22000000 (Deemed Interest) No. of rights/options/warrants held: 255,000 rights No. of shares/units underlying the rights/options/warrants: 255,000 unissued ordinary shares

Mr. Pang Yoke Min is deemed to be interested in the 465,470,000 shares held by YM InvestCo Pte. Ltd. by virtue of Section 4 of the Securities and Futures Act as he and his associates hold 100.0% of the shares in YM InvestCo Pte Ltd. 1. Percentage is calculated based on 713,512,013 issued and paid-up shares (excluding 12,243,000 treasury shares) in the share capital of the Company immediately before the above-mentioned transfer of treasury shares as at 30 July 2018. 2. Percentage is calculated based on 713,726,013 issued and paid-up shares (excluding 12,029,000 treasury shares) in the share capital of the Company immediately after the above-mentioned transfer of treasury shares as at 31 July 2018.

RemarksAcceptance of employee share options/share awards Immediately after the transaction

No. of rights/options/warrants held: 355,000 rights No. of shares/units underlying the rights/options/warrants: 355,000 unissued ordinary shares

RemarksAcceptance of employee share options/share awards Immediately after the transaction

No. of rights/options/warrants held: 355,000 rights No. of shares/units underlying the rights/options/warrants: 355,000 unissued ordinary shares

RemarksAcceptance of employee share options/share awards Immediately after the transaction

No. of rights/options/warrants held: 284,000 rights No. of shares/units underlying the rights/options/warrants: 284,000 unissued ordinary shares

RemarksAcceptance of employee share options/share awards Immediately after the transaction

No. of rights/options/warrants held: 436,000 rights No. of shares/units underlying the rights/options/warrants: 436,000 unissued ordinary shares

RemarksAcquisition of Securities via market transaction Amount of consideration paid or received by Director/CEO (excluding brokerage and stamp duties): SGD 6,900.00 Immediately after the transaction

No. of ordinary voting shares/units held: 240000 (Direct Interest); 0 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.03400000 (Direct Interest); 0.00000000 (Deemed Interest)

The percentage immediately before the transaction is calculated based on the total number of ordinary shares of 715,837,613 (excluding treasury shares) and the percentage immediately after the transaction is calculated based on total number of ordinary shares of 713,512,013 (excluding treasury shares).