The Board of New Trend Lifestyle Group Plc issued the following COVID-19 update. Further to the announcement on 14 April 2020, the Singapore Government extended the restrictive measures implemented as a result of COVID-19 until 1 June 2020. These measures are now planned to be lifted gradually over several months, and phase 1 of this process will include some businesses re-opening from 2 June 2020. The Group's operations do not fall within phase 1 of re-opening, therefore, they will remain closed for at least a further four weeks from 2 June 2020. It is uncertain when the Group's operations will be allowed to re-open, as the Singapore Government will review the situation on a regular basis and act as appropriate, however, the disruption to the Group's activities is expected to last for a longer period.