VibroPower : REQUISITION TO CONVENE AN EXTRAORDINARY GENERAL MEETING (“EGM”) PURSUANT TO SECTION 176 OF THE COMPANIES ACT (CHAPTER 50) OF SINGAPORE (“ACT”)

14 September 2020

BY EMAIL AND COURIER ONLY

VIBROPOWER CORPORATION LIMITED

11 Tuas Avenue 16

Singapore 638929

Attention: The Board of Directors

Dear Sirs,

REQUISITION TO CONVENE AN EXTRAORDINARY GENERAL MEETING ("EGM") PURSUANT TO SECTION 176 OF THE COMPANIES ACT (CHAPTER 50) OF SINGAPORE ("ACT")

1. We, the undersigned, hold in aggregate 8,996,050 shares of Vibropower Corporation Limited (the "Company") as at the date of this letter, comprising:
2. 1. 6,473,150 ordinary shares held by Mr. Chng Beng Hock; and
   2. 2,522,900 ordinary shares held by Mr. Lim Eng Tiong.
3. Pursuant to Section 176(1) of the Act, we require you to convene an EGM to put forth each of the following resolutions for individual voting by shareholders:
4. 1. the rejection of the Company's recently announced proposed placement of up to 9,500,000 new ordinary shares in the capital of the Company at an issue price of S$0.132 per share to Mr. Wong Kim Siong and his son, Mr. Wong Chong Heng;
   2. the removal of Mr. Benedict Chen Onn Meng as Executive Chairman of the Company with effect from the date of the EGM;
   3. the removal of Mr. Ernest Yogarajah s/o Balasubramaniam as Independent Director of the Company with effect from the date of the EGM;
   4. the removal of Ms. Toh Shih Hua as Independent Director of the Company with effect from the date of the EGM;
   5. the appointment of Mr. Chng Beng Hock as Executive Director of the Company with effect from the date of the EGM;
   6. the appointment of Mr. Jonathan Zhang as Independent Director of the Company with effect from the date of the EGM;
   7. the appointment of Mr. Christopher Huang as Independent Director of the Company with effect from the date of the EGM; and
   8. the removal of any directors of the Company who may have been appointed between the date of this notice and the date of the EGM.

A copy of the brief curriculum vitaes of Mr. Chng Beng Hock, Mr. Christopher Huang and Mr. Jonathan Zhang are enclosed.

1. For the purposes of the resolutions set forth in paragraphs 2(c), (d), (e) and (f), this shall constitute the requisite special notice under Section 152 read with Section 185 of the Act.
2. For the avoidance of any doubt, the object of the proposed EGM is to stop the aforementioned proposed placement and for the removal and appointment of the directors who are the subject of the various resolutions; the resolutions are intended to achieve the result of replacing the Company's directors.

	CHNG BENG HOCK
		[e-mail]
	[phone] (Office)
	KEY DIRECTORSHIP EXPERIENCE
Feb 1998 - Present	PIP Marketing Pte. Ltd.
	Executive Director
May 2007 - Nov 2014	Compact Metal Industries Pte. Ltd.
	Non-IndependentNon-Executive Director
	PROFESSIONAL EXPERIENCE
Jan 1998 - Present	PIP Marketing Pte. Ltd.
Jan 1998 - Present	Executive Director

• Supervision of the sales and marketing of the Group's property development projects. This involves planning advertising strategies and marketing launches, and establishing sales targets and objectives. Some of the Group's completed development projects include Eastwood Park Condominium, Sea Avenue Mansion, Kim Keat Garden, Chapel Lodge Condominium, Esta Ruby and Deng Fu Ville.
• Management of Paya Ubi Industrial Park, particularly, supervision of day-to-day management, maintenance of customer (tenant and owner) relationships, and provision of after-sales services.

Jan 1989 - Aug 1997	Alliance Securities (Pte.)
May 1995 - Aug 1997	Assistant General Manager

• Head of Research Department. This involved establishing research objectives and policies, and the provision of views on various stock markets, major economies, internal corporate policies and operations.
• Spearheaded the business development of the corporate finance business. This involved underwriting/sub-underwriting of initial public offerings and other fund-raising exercises (e.g. rights issues and placements).

Jul 1992 - May 1995	Research Manager
Apr 1992 - Jun 1992	Assistant Research Manager

• Led a team of 6 analysts and 4 support staff focused on technical analysis of stock markets in major economies.
• Reviewed subscriptions, publications and information systems for research and trading, and assisted the Company's dealers/remisiers with their marketing and information needs.

May 1989 - Mar 1992

Assistant Business Manager, Business Development

• Solicited trading accounts and charged with closing deals on trades.

Jan 1989 - Apr 1989

Analyst

• Acting Head of Research Department. Focused on Singapore and Malaysian stocks in the property, hotels and banking sectors.

	CHNG BENG HOCK
		[e-mail]
	[phone] (Office)
		EDUCATION
1984 - 1986	University of Texas at Austin
	Bachelor of Business Administration with Honours (Marketing and
	Finance Majors).
	Graduated 29th of 397. Overall GPA: 3.5568.
1978 - 1981	Hwa Chong Junior College
	GCE 'A' Levels.