Insider Trades

Remarks
Acceptance of take-over offer for Listed Issuer Amount of consideration paid or received by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$696,652.10 Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 120437180 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 79.23000000 (Deemed Interest)

The change in interests took place during the offer period of the mandatory unconditional cash offer by Yinda to acquire all the issued and paid-up ordinary shares in the capital of the Company (the "Offer"). During the offer period which commenced from 7 May 2017 until the closing date of 20 June 2017, Yinda had received valid acceptances of the Offer of 7,333,180 Shares. Yinda is wholly-owned by Shanghai Yinda. Shanghai Yinda is in turn held by Shanghai Yinda Group (60%), Song Xingyi (20%) and Qian Zhongcheng (20%). Shanghai Yinda Group is in turn held by Song Xingyi (47.8%), Wang Hua (37.0%) and Wang Zhijun (15.2%). Song Xingyi is the spouse of Wang Zhijun. The shareholding percentages in this form are computed based on a total of 152,000,000 issued ordinary shares of the Company.

Remarks
Acquisition of Securities via off-market transaction (e.g. married deals) Immediately after the transaction

No. of ordinary voting shares/units held: 0 (Direct Interest); 113104000 (Deemed Interest) As a percentage of total no. of ordinary voting shares/units: 0.00000000 (Direct Interest); 74.41000000 (Deemed Interest)

Yinda entered into a sale and purchase agreement with TEE International Limited and CMC Engineering Sdn. Bhd. on 5 May 2017 to acquire 113,104,000 shares in the capital of the Company, comprising 74.41% of the issued and paid-up capital of the Company. Yinda is wholly-owned by Shanghai Yinda Science and Technology Industrial Co Ltd. Shanghai Yinda Science and Technology Industrial Co Ltd is in turn held by Shanghai Yinda Technology Group Co Ltd (60%), Song Xingyi (20%) and Qian Zhongcheng (20%). Shanghai Yinda Technology Group Co Ltd is in turn held by Song Xingyi (47.8%), Wang Hua (37.0%) and Wang Zhijun (15.2%). Song Xingyi is the spouse of Wang Zhijun. The shareholding percentages in this form are computed based on a total of 152,000,000 issued ordinary shares of the Company.