UPDATE ANNOUNCEMENT: RETIREMENT OF DIRECTOR AT THE ANNUAL GENERAL MEETING TO BE HELD ON 31 MARCH 2021

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BGMC International Limited 璋利國際控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1693)

UPDATE ANNOUNCEMENT:

RETIREMENT OF DIRECTOR AT THE ANNUAL GENERAL MEETING

TO BE HELD ON 31 MARCH 2021

Reference is made to the notice of annual general meeting dated 2 March 2021 (the "AGM Notice") and the form of proxy (the "Proxy Form") issued by BGMC International Limited (the "Company") in relation to the annual general meeting of the Company to be held on Wednesday, 31 March 2021 at 10:00 a.m. (the "AGM").

The board (the "Board") of directors (each, a "Director") announces that on 29 March 2021, Mr. Ching Hong Seng ("Mr. Ching"), an executive Director, informed the Board that he would not offer himself for re-election at the AGM due to his commitment on his other business, and he will retire upon conclusion of the AGM.

Mr. Ching has confirmed to the Board that he has no disagreement with the Board or the Company and that there is no other matter in respect of his retirement that needs to be brought to the attention of the shareholders of the Company (the "Shareholders") and The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

Therefore, the ordinary resolution numbered 2(b) in respect of the re-election of Mr. Ching as an executive Director as set out in the AGM Notice and the Proxy Form is no longer applicable and will not be put forward for consideration and approval by the Shareholders at the AGM.

Those Proxy Forms already lodged by Shareholders remain valid except that no poll will be conducted or counted for the ordinary resolution numbered 2(b).

Shareholders are reminded to read the AGM Notice, including its notes, for details in respect of other resolutions which will be remain scheduled for consideration and approval at the AGM, eligibility for attending the AGM, proxy and other relevant matters.

The Company would identify suitable Director to fill up the vacancy as soon as practicable, and further announcement will be made as and when appropriate.

The Board would like to express its appreciation to Mr. Ching for his valuable contribution during his tenure as executive Director in the Company.

For and on behalf of

BGMC International Limited Dato' Mohd Arifin Bin Mohd Arif

Vice-Chairman and Executive Director

Malaysia, 29 March 2021

As at the date of this announcement, the Board comprises Dato' Mohd Arifin Bin Mohd Arif (Vice-chairman), Dato' Teh Kok Lee (Chief Executive Officer) and Ching Hong Seng as executive Directors; and Tan Sri Dato' Seri Kong Cho Ha, Kua Choh Leang and Datuk Kamalul Arifin Bin Othman (Chairman) as independent non-executive Directors.