Placements::THE PROPOSED PLACEMENT, PROPOSED DIVERSIFICATION AND PROPOSED CHANGE OF NAME

THE PROPOSED ISSUE AND ALLOTMENT OF:

(A) UP TO 142,999,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE ISSUE PRICE OF S$0.027 PER PLACEMENT SHARE; AND

(B) UP TO 142,999,000 NON-LISTED NON-TRANSFERABLE WARRANTS CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE EACH IN THE CAPITAL OF THE COMPANY AT THE EXERCISE PRICE OF S$0.027 PER NEW SHARE,

(COLLECTIVELY, 'PROPOSED PLACEMENT'); AND

THE PROPOSED DIVERSIFICATION OF THE CORE BUSINESSES OF THE GROUP TO INCLUDE EARLY CHILDHOOD HEALTH EDUCATION BUSINESS AND INVESTMENT IN THE HEALTHCARE INDUSTRY ('PROPOSED DIVERSIFICATION'); AND

THE PROPOSED CHANGE OF NAME TO ONE WHICH IS REFLECTIVE OF ITS PROPOSED NEW BUSINESSES ('PROPOSED CHANGE OF NAME')

Please see attached.