|Announcement Title||Asset Acquisitions and Disposals|
|Date & Time of Broadcast||Mar 13, 2017 18:21|
|Announcement Sub Title||DISPOSAL OF RACER TECHNOLOGY PTE LTD AND APPLICATION FOR WAIVER|
|Submitted By (Co./ Ind. Name)||Dr. Long Ming Fai Edwin|
|Designation||Deputy Chief Executive Officer and Executive Director|
|Description (Please provide a detailed description of the event in the box below)||(A) DISPOSAL OF 19% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF RACER TECHNOLOGY PTE LTD
(B) APPLICATION FOR WAIVER IN RELATION TO AN UNDERTAKING GIVEN BY THE COMPANY IN RESPECT OF A WAIVER OF RULE 805(2)(b) OF THE LISTING MANUAL OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED (THE "SGX-ST" ) IN RELATION TO THE ISSUE OF NEW SHARES BY RACER TECHNOLOGY PTE LTD (THE "WAIVER APPLICATION")
Please refer to the attachment.