28 October 2021

Emerging Towns & Cities Singapore Ltd (ETC) is the subject of an ongoing review and its shares have not been trading since 26 February 2021. The review is to provide clarity on ETC’s compliance with applicable laws and regulations. Until the review is complete, ETC won’t be able to raise funds via the Singapore stock market, nor resume share trading. Singapore Exchange Regulation is in active engagement with the independent reviewer on developments and the terms of the review. We are also in communication with Singapore statutory authorities on the matter.