The Board of Directors of Hi-P International Limited refers issued by the Ministry of Health on 3 April 2020 pertaining to the implementation by the Multi-Ministry Taskforce of an elevated set of safe distancing measures, as a circuit breaker to pre-empt the trend of increasing transmission of COVID-19. These include the closure of most physical workplace premises, save for those providing essential services and in selected economic sectors. The Board announced that the company has received the approval from the Ministry of Trade and Industry ("MTI") in respect of its application for an exemption of suspension of business activities at its premise at 11 International Business Park, Singapore. Hence, the company will be allowed to continue its manufacturing operations from 7 April 2020 to 4 May 2020 ("Circuit Breaker Period") as it provides manufacturing services that are part of the global supply chain. The wholly-owned Singapore subsidiary of the Company, South East Asia Moulding Company Pte. Ltd., has observed the Circuit Breaker Measures by ceasing its production during the Circuit Breaker Period and it is pending the approval from MTI for an exemption of suspension of business activities at its premise.