62,353,050 Ordinary Shares of Spring Art Holdings Berhad are subject to a Lock-Up Agreement Ending on 8-NOV-2021. These Ordinary Shares will be under lockup for 739 days starting from 31-OCT-2019 to 8-NOV-2021. Details: The promoters of the company, namely, Lim Kok Eng and Kwan Chain Poh have agreed not to dispose of any shares of the company for a period six months from listing date which is November 8, 2019. Upon expiry of the first six month period, an aggregate of 45% of our nominal ordinary share capital will remain under lock-up for further six months. Thereafter, it may sell up to a maximum of one third of shares held under lock-up annually.