ES : Extension Of Time To Hold Annual General Meeting And Annual Return For Fye 31 December 2019

ES GROUP (HOLDINGS) LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration Number: 200410497Z)

EXTENSION OF TIME TO HOLD THE ANNUAL GENERAL MEETING OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 AND LODGE ITS ANNUAL RETURN

The board of directors (the "Board" or "Directors") of ES Group (Holdings) Limited (the "Company") refers to the following:-

1. Company's announcement dated 3 April 2020 ("Announcement") on the receipt of approval from the Singapore Exchange Regulation ("SGX RegCo") for waiver to comply with Rule 707(1) of the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist and extension of time to hold the annual general meeting ("AGM") of the Company for the financial year ended 31 December 2019 ("FY2019") by 29 June 2020 ("Waiver");
2. news release issued by the SGX RegCo on 7 April 2020 ("SGX RegCo News Release") in relation to the grant of automatic 60-day extension for issuers to hold AGMs; and
3. media release issued by the Accounting and Corporate Regulatory Authority ("ACRA") on 7 April 2020 ("ACRA Media Release") in relation to the extension of deadline for holding AGMs and filing annual returns ("ARs").

Pursuant to the ACRA Media Release, ACRA will grant a 60-day extension of time for all listed and non- listed companies whose AGMs are due during the period from 16 April 2020 to 31 July 2020. The AR filing due dates for the period from 1 May 2020 to 31 August 2020 for all listed and non-listed companies will also be extended for 60 days. There shall be no need for these companies to apply for the extension of time with ACRA.

Similarly, pursuant to the SGX RegCo News Release, SGX RegCo will automatically extend by 60 days the deadline for all listed issuers with financial year-end on or before 31 March 2020 to hold their AGMs.

As stated in the Announcement, the SGX RegCo has no objection to the Waiver and the Company has submitted an application to the ACRA for an extension of time till 29 June 2020 to hold its AGM for FY2019 and file its AR by 30 July 2020 under Sections 175(2) and 197(1B) of the Companies Act, Cap 50, respectively.

Further to the Announcement, the Board is pleased to announce that the Company will be relying on the automatic extension of time granted by the ACRA to hold its AGM for FY2019 by 29 June 2020 and file its AR for FY2019 by 30 July 2020, pursuant to the ACRA Media Release.

To allow the Company more time to implement and comply with all relevant measures and/or guidelines issued by the Singapore Government, Monetary Authority of Singapore, ACRA and/or SGX RegCo on the conduct of the Company's AGM for FY2019, the Company wishes to update its shareholders of the following changes to the indicative timeline to convene the Company's AGM for FY2019, as set out in the Announcement previously:-

	Previous
	Indicative Date	New Indicative
	(on or before)	Date
Event	(as stated in the	(on or before)
	Announcement)
Date of issuance of the Company's annual report for	15 April 2020	15 April 2020
FY2019 (excluding the Notice of AGM and Proxy Form)
via SGXNet
Date of issuance of the Notice of AGM and Proxy Form	15 April 2020	22 May 2020
for FY2019
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	Previous
	Indicative Date	New Indicative
	(on or before)	Date
Event	(as stated in the	(on or before)
	Announcement)
Expected date of the Company's AGM for FY2019	6 May 2020	29 June 2020

Shareholders should note that the above timetable is indicative only and may be subject to change.

The Company will make further announcement(s) on the SGXNet to update shareholders when the date, time and venue of the AGM have been determined.

By Order of the Board

ES GROUP (HOLDINGS) LIMITED

LOW CHEE WEE

Executive Director and Chief Executive Officer

15 April 2020

This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road. #09-00 ASO Building, Singapore 048544, telephone [phone].

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