General Announcement::MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH IN ACCORDANCE WITH RULE 1018(1)(b)

SEROJA INVESTMENTS LIMITED

(Company Registration Number: 198300847M)

(Incorporated in the Republic of Singapore)

(the "Company")

MONTHLY VALUATION OF ASSETS AND UTILISATION OF CASH IN ACCORDANCE WITH RULE 1018(1)(b) OF THE LISTING MANUAL OF THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED ("SGX-ST")

The Board of Directors of the Company ("Board") wishes to announce the following updates pursuant to Rule 1018(1)(b) of the Listing Manual of SGX-ST.

1. The Company's assets and liabilities as at 30 November 2021 are as follows:

	S$'000
Cash and bank balances	2,070
Deposits and prepayments	31
Financial assets, at fair value through profit or loss	60
Investments in subsidiary corporations	43
Total assets	2,204
Less:-
Accrued liabilities and other payables	(111)
Net assets	2,093

2. The Company's utilisation of cash in the month of November 2021 is as follows:

		S$'000
Balance as at 31 October 2021	2,108
Professional fees and listing expenses	(41)
Administrative expenses	(20)
Currency translation gain/(loss)	23
Balance as at 30 November 2021	2,070

Cash and bank balances as at 30 November 2021 comprise:-
	S$'000
Cash at bank and on hand	428
Short-term bank deposits	1,642
	2,070

Note:

The figures set out in paragraphs 1 and 2 above have not been reviewed or audited by the Company's auditor.

By order of the Board

Lim Poh Chen

Financial Controller

15 December 2021