We refer to the announcements dated 8 October 2019, 16 October 2019, 23 October 2018, 25 October 2019, 29 October 2019 and 20 November 2019 (“Announcements”).

(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)

On behalf of the Board, Affin Hwang IB wishes to announce that the implementation of the SGS is effective on 2 December 2019, being the date on which the Company is in full compliance with Chapter 6 and in particular Paragraph 6.43(1) of the Listing Requirements.

This announcement is dated 2 December 2019.