Shareholdings

As at 27 September 2024 (extracted from Annual Report 2024)

The Company does not have any treasury shares and subsidiary holdings as at 27 September 2024.

STATISTICS OF SHAREHOLDINGS

TWENTY LARGEST SHAREHOLDERS AS AT 27 SEPTEMBER 2024

34.41% of the Company's shares are held in the hands of public. Accordingly, the Company has complied with Rule 723 of the Listing Manual – Section B: Rules of Catalist of Singapore Exchange Securities Trading Limited.

SUBSTANTIAL SHAREHOLDERS AS AT 27 SEPTEMBER 2024

(As recorded in the Register of Substantial Shareholders)

Notes:

1. Mr. Lim Kee Liew @ Victor Lim's deemed interest arose through 5 shares held by Ultraline Technology (S) Pte Ltd and 76 shares held by American Converters Industries Pte Ltd. He is also deemed to have an interest in the 320,887,674 shares held by his spouse, Mdm. Leong Lai Heng.
2. Mdm. Leong Lai Heng's deemed interest arose through 5 shares held by Ultraline Technology (S) Pte Ltd and 76 shares held by American Converters Industries Pte Ltd. She is also deemed to have an interest in the 580,451,068 shares held by her spouse, Mr. Lim Kee Liew @ Victor Lim.

Mr. Lim Kee Liew @ Victor Lim and Mdm. Leong Lai Heng each own 50% of the entire issued and paid-up share capital of Ultraline Technology (S) Pte Ltd and American Converters Industries Pte Ltd.