Capital World Limited announced the Cessation of Foo Chuan Biao as Financial Controller of the Company. Mr. Foo has resigned to pursue other opportunities and is currently serving his notice until 2 November 2020. The Company has identified a candidate to fill the position of Financial Controller and is in the process of assessing and finalising the appointment. A further announcement will be made as and when the appointment has been confirmed and finalised. After having interviewed Mr. Foo and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Foo as the Financial Controller.