Ms. Goh Yvonne tendered her resignation on 13 January 2020 as Finance Manager of the Company to pursue other career opportunity.

The Company's sponsor, after having interviewed Ms. Goh Yvonne, is satisfied that, other than as disclosed in this announcement, there are no material reasons for the cessation of Ms. Goh Yvonne as Finance Manager of the Company.

There are no concerns with regards to financial reporting that led to the cessation of Ms. Goh Yvonne, and there are no disagreements between Ms. Goh Yvonne and the board of directors of the Company with regards to practices that will have an impact on the Company's financial reporting. There will be continued smooth functioning of the Company subsequent to the cessation of Ms. Goh Yvonne as Finance Manager of the Company.

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SBI Offshore Limited published this content on 16 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 January 2020 09:27:00 UTC