Ocean Sky International Limited announced Cessation of Mr. Chia Yau Leong as Financial Controller of the Company. Reason For Cessation: To pursue other personal interests. Based on its enquiries, the Company's Sponsor, UOB Kay Hian Private Limited, is satisfied that, save as disclosed in the announcement, there are no material reasons for the cessation of Mr. Chia Yau Leong ("Mr Chia") as the Financial Controller of the Company.

There are no concerns with regards to financial reporting that led to the cessation of Mr. Chia and there are no disagreements between Mr. Chia and the Board of Directors of the Company with regards to practices that would have an impact to the Company's financial reporting. Mr. Chia is responsible for the overall planning and management of the Group's financial, taxation and corporate governance functions. He also plays an important advisory role towards the formulation of the Group's strategic development plans through financial analysis and providing recommendations to the management.