Change - Announcement Of Appointment :: Promotion Of Operations Director To Chief Operating Officer

This announcement has been prepared by the Company and its contents have been reviewed by the Company's
Sponsor, RHT Capital Pte. Ltd. ("the Sponsor") for compliance with the relevant rules of the Singapore Exchange
Securities Trading Limited ("the SGX-ST").

This announcement has not been examined or approved by 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.

The contact person for the Sponsor is Ms Bao Qing - Registered Professional, 6 Raffles Quay, #24-02, Singapore
048580, [e-mail]