| Announcement Title | Asset Acquisitions and Disposals |
| Date & Time of Broadcast | Oct 9, 2020 22:40 |
| Status | New |
| Announcement Sub Title | THE PROPOSED SALE OF EQUITY INTERESTS - CLEARANCE OF CIRCULAR AND UPDATES ON PROPOSED TRANSACTION |
| Announcement Reference | SG201009OTHROL9L |
| Submitted By (Co./ Ind. Name) | Wang Heng |
| Designation | Chief Executive Officer and Executive Director |
| Description (Please provide a detailed description of the event in the box below) | THE PROPOSED SALE OF EQUITY INTERESTS IN, AND MATERIAL DILUTION OF EFFECTIVE EQUITY INTERESTS IN, RANKEN RAILWAY CONSTRUCTION GROUP CO., LTD. ("RANKEN RAILWAY"), RESULTING IN RANKEN RAILWAY CEASING TO BE A SUBSIDIARY OF THE COMPANY - CLEARANCE OF CIRCULAR AND UPDATES ON PROPOSED TRANSACTION |