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2. There has been no previous issue of our Shares or offer for sale of our Shares to the public within the<br />

two years preceding the date of this document.<br />

3. There have been no public takeover offers by third parties in respect of our Shares or by us in respect<br />

of other companies’ shares which have occurred during the last and current financial year.<br />

4. No amount of cash or securities or benefit has been paid or given to any promoter within the two<br />

years preceding the Latest Practicable Date or is proposed or intended to be paid or given to any promoter at<br />

any time.<br />

5. Save as disclosed in the section “Plan of Distribution”, no commission, discount or brokerage has been<br />

paid or other special terms granted within the two years preceding the Latest Practicable Date or is payable to<br />

any Director, promoter, expert, proposed director or any other person for subscribing or agreeing to subscribe<br />

or procuring or agreeing to procure subscriptions for any shares in, or debentures of, ours or any of our<br />

subsidiaries.<br />

6. No expert is employed on a contingent basis by us or has an interest, directly or indirectly, in the<br />

promotion of, or in any property or assets which have, within the two years preceding the Latest Practicable<br />

Date, been acquired or disposed of by or leased to us or any of our subsidiaries or are proposed to be acquired<br />

or disposed of by or leased to us or any of our subsidiaries.<br />

7. Save as disclosed in this document, our Directors and the Vendors are not aware of any relevant<br />

material information including trading factors or risks which are unlikely to be known or anticipated by the<br />

general public and which could materially affect the profits of us and our subsidiaries.<br />

8. Save as disclosed in this document, our financial condition and operations are not likely to be affected<br />

by any of the following:<br />

(a) known trends or demands, commitments, events or uncertainties that will result in or are<br />

reasonably likely to result in our liquidity increasing or decreasing in any material way;<br />

(b) material commitments for capital expenditure;<br />

(c) unusual or infrequent events or transactions or any significant economic changes that materially<br />

affected the amount of reported income from operations; and<br />

(d) known trends or uncertainties that have had or that we reasonably expect will have a material<br />

favourable or unfavourable impact on our revenues or operating income.<br />

9. We currently have no intention of changing our auditors after our listing on the <strong>SGX</strong>-ST.<br />

10. Save as disclosed in the section “Legal Matters”, no expert named in this document:<br />

(a) is employed on a contingent basis by us or our subsidiaries;<br />

(b) has a material interest, whether direct or indirect, in our Shares or in the shares of our<br />

subsidiaries; or<br />

(c) has a material economic interest, whether direct or indirect, in us, including an interest in the<br />

success of the offer.<br />

11. As at the Latest Practicable Date, our Directors are not aware of any event which has occurred since<br />

31 May 2008 which may have a material effect on our financial position and results that is not yet disclosed<br />

in the sections entitled “Management’s Discussion and Analysis of Financial Condition and Results of<br />

Operations” and “Capitalisation and Indebtedness” of this document.<br />

Responsibility Statement by Our Directors and the Vendors<br />

This document has been seen and approved by our Directors and the Vendors and they individually and<br />

collectively accept full responsibility for the accuracy of the information given herein and confirm, having<br />

made all reasonable enquiries, that to the best of their knowledge and belief, the facts stated and the opinions<br />

expressed herein are fair and accurate in all material respects as at the date hereof and there are no material<br />

facts the omission of which would make any statements in this document misleading and that this document<br />

constitutes full and true disclosure of all material facts about us and the Offering.<br />

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