Microsoft Word - New_leases_Located_in_Singapore.doc CHALLENGER TECHNOLOGIES LIMITED Company Registration No.: 198400182K (Incorporated in the Republic of Singapore) NEW LEASE LOCATED IN SINGAPORE


The Board of Directors of Challenger Technologies Limited (the "Company") wishes to announce that the Company has secured the following new lease:

Name of shopping mall at which

lease is located Date of Commencement

WhiteSands
- Challenger Mini store 3Q 2015
The securing of above lease is in line with the Company's plans to focus on their retail operations by expanding to suitable locations in Singapore.
None of the directors or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction.
By Order of the Board
Chia Foon Yeow
Company Secretary
28 April 2015

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