General Announcement::RECEIPT OF LISTING AND QUOTATION NOTICE FROM THE SGX-ST

BOLDTEK HOLDINGS LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration No. 201224643D)

PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE -

RECEIPT OF LISTING AND QUOTATION NOTICE FROM THE SGX-ST

1. RECEIPT OF LISTING AND QUOTATION NOTICE

1. The Board of Directors (the "Board") of Boldtek Holdings Limited (the "Company", and together with its subsidiaries, the "Group") refers to the Company's announcement dated 27 August 2021 and 10 September 2021 (collectively, the "Earlier Announcements") in relation to the proposed renounceable non-underwritten rights issue of up to 111,375,000 new ordinary shares in the capital of the Company ("Rights Shares") at an issue price of S$0.05 for each Rights Share, on the basis of three (3) Rights Shares for every five (5) existing ordinary shares in the issued and paid up capital of the Company ("Shares") held by Entitled Shareholders (the "Proposed Rights Issue") as at a date and time to be determined by the Board for the purpose of determining the entitlements of the Entitled Shareholders under the Proposed Rights Issue (the "Record Date"), fractional entitlements to be disregarded.
   Unless otherwise defined, all capitalised terms used herein shall bear the same meanings ascribed to them in the Earlier Announcements.
2. Further to the Earlier Announcements, the Board is pleased to announce that the Company has today, on 10 September 2021, received the listing and quotation notice (the "Listing and Quotation Notice") from the Singapore Exchange Securities Trading Limited ("SGX-ST") for the listing and quotation on the Catalist of up to 111,375,000 Rights Shares pursuant to the Proposed Rights Issue, subject to the compliance with SGX-ST's listing requirements.
3. The Listing and Quotation Notice is not to be taken as an indication of the merits of the Proposed Rights Issue, the Rights Shares, the Company, its subsidiaries and their securities.

2. OFFER INFORMATION STATEMENT

2.1. The Offer Information Statement in relation to the Proposed Rights Issue will be disseminated to Entitled Shareholders in due course, and appropriate announcements in relation to the lodgement and dissemination of the Offer Information Statement will be made.

3. CAUTIONARY STATEMENT

3.1. Shareholders and potential investors are advised to exercise caution when dealing or trading in the Company's securities. The completion of the Proposed Rights Issue is subject to certain conditions. As at the date of this announcement, there is no certainty or assurance that the Proposed Rights Issue will be completed or that no changes will be made to the terms thereof. The Company will make the necessary announcements when there are further developments. Shareholders and potential investors are advised to read this

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announcement and any further announcements by the Company carefully. Shareholders and potential investors should consult their financial, tax or other professional advisors if they have any doubt about the actions they should take.

BY ORDER OF THE BOARD

Phua Lam Soon

Chief Executive Officer

10 September 2021

This announcement has been prepared by the Company and its contents have been reviewed by the Company's Sponsor, RHT Capital Pte. Ltd. (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). The Sponsor has not independently verified the contents of this announcement.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr. Leong Weng Tuck, Registered Professional, RHT Capital Pte. Ltd. 6 Raffles Quay, #24-02, Singapore 048580, sponsor@rhtgoc.com.

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