Eastern & Oriental Berhad (“E&O”) wishes to announce that E&O Property (Singapore) Pte Ltd (“EOPS”), an indirect wholly-owned subsidiary of E&O, had held its Extraordinary General Meeting today, at which it was resolved that EOPS be wound-up voluntarily by the members and that Mr Robert Yam Mow Lam be appointed as Liquidator of EOPS.

EOPS was incorporated on 9 September 1983 and the principal activity of EOPS was rendering of sales and marketing services for property development projects. EOPS has ceased its business operations and is currently inactive.

The members’ voluntary winding-up of EOPS will not have a material effect on the earnings and net assets of the E&O Group for the financial year ending 31 March 2021.

None of the directors or major shareholders or persons connected to directors or major shareholders of E&O has any interest, direct or indirect, in the members’ voluntary winding-up.

This announcement is dated 6 October 2020.