T T J : Announcemen Despatch of Offer Document

VOLUNTARY CONDITIONAL OFFER BY ASIAN CORPORATE ADVISORS PTE. LTD. FOR AND ON BEHALF OF THC VENTURE PTE. LTD.

1. • DESPATCH OF OFFER DOCUMENT
2. INTRODUCTION
   The Board of Directors (the "Board") of T T J Holdings Limited (the "Company", and together with its subsidiaries, the "Group") refers to the announcement dated 20 May 2022 made by Asian Corporate Advisors Pte. Ltd. ("ACA") for and on behalf of THC Venture Pte. Ltd. (the "Offeror") for a voluntary conditional offer for all the issued and paid-up ordinary shares (the "Shares") in the capital of the Company (excluding any Shares held by the Company in treasury) (the "Offer") (the "Offer Announcement").
   All capitalised terms used and not defined herein shall have the same meanings given to them in the Offer Announcement.
3. DESPATCH OF OFFER DOCUMENT
   The Board wishes to inform Shareholders that ACA has on 10 June 2022 announced, for and on behalf of the Offeror, that the offer document dated 10 June 2022 containing, inter alia, the terms and conditions of the Offer (the "Offer Document"), together with the accompanying relevant form(s) of acceptance for the Offer, has been despatched to all Shareholders.
   The Offer is subject to the terms and conditions set out in the Offer Document, an electronic copy of which is available on the website of the Singapore Exchange Securities Trading Limited at https://www.sgx.com.
4. OFFEREE CIRCULAR
   A circular (the "Offeree Circular") containing, inter alia, the advice of ZICO Capital Pte. Ltd. (the "IFA"), the independent financial adviser to the directors of the Company who are considered independent for the purposes of the Offer (the "Recommending Directors"), and the recommendation of the Recommending Directors on the Offer will be sent to Shareholders within 14 days from the despatch of the Offer Document, i.e. no later than 24 June 2022.
   The Company will make an announcement to inform Shareholders of the despatch of the Offeree Circular in due course.
   In the meantime, Shareholders are advised to exercise caution when dealing with their Shares and to refrain from taking any action in respect of their Shares which may be prejudicial to their interests, until they or their advisers have considered the information set out in the Offer Document and the recommendations of the Recommending Directors as well as the advice of the IFA, which will be set out in the Offeree Circular. Shareholders who are in doubt

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as to the action they should take should consult their stockbroker, bank manager, solicitor or other professional advisers.

4. DIRECTORS' RESPONSIBILITY STATEMENT

The Directors of the Company (including those who have delegated detailed supervision of this announcement) have taken all reasonable care to ensure that the facts stated in this announcement are fair and accurate and that no material facts have been omitted from this announcement (the omission of which would render any statement in this announcement misleading in any material aspect), and they jointly and severally accept responsibility accordingly. Where any information has been extracted or reproduced from published or otherwise publicly available sources (including, without limitation, the Offer Document, the Offer Announcement and any other announcements made by or on behalf of the Offeror), the sole responsibility of the Directors of the Company has been to ensure that such information has been accurately and correctly extracted from such sources and/or reproduced in this announcement in its proper form and context.

BY ORDER OF THE BOARD

Tan Swee Gek

Company Secretary

10 June 2022

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