Kori Holdings Limited announced retirement of Lee Yeng Tat as Head of the Steel Division. Role And Responsibilities: Mr. Lee is responsible in overseeing all the steel strutting, piling and decking projects of the Company. Reason For Cessation: Retirement.

After having interviewed Mr. Lee 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. Lee as the Head of the Steel Division.