CHALLENGER TECHNOLOGIES LIMITED

Company Registration No.: 198400182K (Incorporated in the Republic of Singapore)

NEW LEASE LOCATED IN SINGAPORE

The Board of Directors of Challenger Technologies Limited ("the Company") wishes to announce that the Company has secured the following new lease:

Name of shopping mall at which lease is located

Date of Commencement

Paya Lebar Quarter

- Challenger store

3Q 2018

The securing of above lease is in line with the Company's plans to focus on their retail operations by expanding to suitable locations in Singapore.

None of the directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction.

By Order of the Board

Chia Foon Yeow Company Secretary 22 June 2017

Challenger Technologies Ltd. published this content on 22 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 June 2017 11:04:10 UTC.

Original documenthttp://www.challengerasia.com/2017 Updates/JUNE 2017/New Lease located in Singapore_Paya Lebar Quarter.pdf

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