LIFEBRANDZ LTD.

(Incorporated in the Republic of Singapore)

(Company Registration No.: 200311348E)

PROPOSED SUBSCRIPTION OF 125,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT AN ISSUE PRICE OF S$0.004 PER SHARE

  • RECEIPT OF LISTING AND QUOTATION NOTICE FROM THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED

The board of directors (the "Board" or "Directors") of LifeBrandz Ltd. (the "Company", and together with its subsidiaries, the "Group") refers to the Company's announcement dated 27 November 2020 (the "Subscription Announcement"). Unless otherwise defined, all capitalised terms used herein shall bear the same meanings ascribed to them in the Subscription Announcement.

Further to the Subscription Announcement, the Board is pleased to announce that the Company has, on 3 December 2020, received the listing and quotation notice ("LQN") from the Singapore Exchange Securities Trading Limited ("SGX-ST") for the listing and quotation for the 125,000,000 Subscription Shares on Catalist, subject to compliance with the listing requirements of the SGX-ST for the Subscription Shares.

The LQN is not to be taken as an indication of the merits of the Proposed Subscription, the Subscription Shares, the Company, its subsidiaries and their securities.

The Company will make the necessary announcement(s) in relation to the Proposed Subscription as and when required.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Company's securities. When in doubt, shareholders and potential investors are advised to seek independent advice from their bankers, stockbrokers, solicitors or other professional advisers.

BY ORDER OF THE BOARD

Saito Hiroyuki

Executive Chairman and Chief Executive Officer

4 December 2020

This announcement has been reviewed by the Company's sponsor, SAC Capital Private Limited (the "Sponsor"). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (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 Lee Khai Yinn (Tel: (65) 6232 3210), at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

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LifeBrandz Ltd. published this content on 04 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 December 2020 04:26:01 UTC