Further to the Company’s announcement dated 24 March 2020 on the temporary suspension of the operations of Sungei Way Brewery in line with Government’s Movement Control Order (“MCO”), which has been extended to 14 April 2020, the Board of Directors wishes to inform that the Government’s approval received by the Company in early April 2020 for the Company to resume limited operations with a minimal number of essential staff during the MCO period has been cancelled with immediate effect.

Given the above circumstances, the Company will continue to suspend operations of the Sungei Way Brewery.

We will also continue to engage the Government on this matter whilst ensuring we mitigate the impact to our business.

The Company will make the necessary announcement on any other material developments relating to the above matter, as and when appropriate.

This announcement is dated 7 April 2020.