KTMG Limited announced the resignation of Low Yong Heng as Financial Controller. Mr. Low supervises the accounts and finance department of the Group. Mr. Low Yong Heng has tendered his resignation to pursue other career opportunities.

After having interviewed Mr. Low and to the best of its knowledge, the Company's Sponsor, SAC Capital Private Limited, is satisfied that save as disclosed in this announcement, there are no other material reasons for the cessation of Mr. Low as the Financial Controller. In addition, there is no concern with regards to financial reporting that led to the cessation of Mr. Low, and there is no disagreement between Mr. Low and the Company's Board of Directors with regards to practices that will have an impact on the Company's financial reporting.