Corrigendum In Relation To Announcement On Cessation Of An Indepedent Director Who Is An Audit Committee Member

THE COMPANY REFERS TO ITS ANNOUNCEMENT MADE ON 31 DECEMBER 2009 ON THE CESSATION OF MR SAMUEL POON AS AN INDEPENDENT DIRECTOR OF THE COMPANY.

THE COMPANY WISHES TO CLARIFY THAT THE AUDIT COMMITTEE WILL NOT HAVE A MINIMUM OF 3 MEMBERS WITH THE RESIGNATION OF MR POON. ALSO, UPON RESIGNATION OF MR POON, THE NUMBER OF INDEPENDENT DIRECTORS CURRENTLY RESIDENT IN SINGAPORE WILL BE 1.