| Announcement Title | Placements |
| Date & Time of Broadcast | Mar 3, 2020 23:24 |
| Status | New |
| Announcement Sub Title | Proposed Placement of 120,000,000 New Ordinary shares |
| Announcement Reference | SG200303OTHR00U1 |
| Submitted By (Co./ Ind. Name) | Lin Baiyin |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Please see attached file. |
| Additional Details | |
| Capital Amount-Old | CNY 224,747,000 |
| Capital Amount-New | CNY 233,481,000 |
| No. of Existing Outstanding Shares | 617,209,000 |
| New Shares Issued | 120,000,000 |
| Offer Price | SGD 0.015 |
Attachments