Centurion Corporation Limited announced that as at 12.00 noon (Singapore time) on 18 January 2019 (the "Expiration Deadline"), SGD 8,750,000 in aggregate principal amount of the Existing Notes have been validly offered for exchange pursuant to the Invitation, and that such Offered Notes have been accepted for exchange by the Company on the terms and conditions set in the Exchange Offer Memorandum. The company does not intend to extend the Expiration Deadline or re-open the Invitation. Accordingly, the Invitation has expired as at 12.00 noon (Singapore time) on 18 January 2019. The Settlement Date of the Offered Notes accepted for exchange by the Company is expected to be 1 February 2019. Following the expiration of the Invitation, the final aggregate principal amount of the New Notes to be issued pursuant to the Invitation is SGD 48,750,000. Following the cancellation of the Offered Notes on the Settlement Date, the aggregate principal amount of the Existing Notes outstanding will be SGD 36,250,000. Approximately 5.13% of the SGD 48,750,000 in aggregate principal amount of the New Notes to be issued pursuant to the Invitation have been allocated to certain controlling shareholders, directors and the chief executive officer of the Company and their family members whose Offered Notes have been accepted for exchange by the company.