| Announcement Title | Placements |
| Announcement Subtitle | Proposed Placement Agreement of the Company |
| Securities | CEDAR STRATEGIC HOLDINGS LTD (CEDAR) |
| Date & Time of Broadcast | Feb 22, 2016 18:17 |
| Submitted By | Ong Beng Hong Company Secretary |
| Description | Please see attached for details. |
| Capital Amount - Old | SGD 87,819,611.41 |
| Capital Amount - New | SGD 89,219,611.41 |
| Number of Existing Outstanding Shares | 7,966,782,808 |
| New Shares Issued | 500,000,000 |
| Offer Price | SGD 0.0028 |
Attachments