CENTURION CORPORATION LIMITED

(Incorporated in the Republic of Singapore with limited liability) (Co. Reg. No.: 198401088W)

DISSOLUTION OF AN INDIRECT WHOLLY OWNED SUBSIDIARY BY WAY OF COMMENCEMENT OF SUMMARY WINDING UP IN JERSEY

The Board of Directors ("Board") of Centurion Corporation Limited (the "Company") wishes to announce that Centurion Investments (JS IV) Ltd ("Jersey Subsidiary"), an indirect wholly owned subsidiary of the Company which was incorporated in Jersey, Channel Islands, has submitted the application made by Special Resolution to the Registrar of Companies of Jersey to commence the dissolution by way of summary winding up pursuant to Article 34 of the Articles of Association of Jersey Subsidiary together with the Companies (Jersey) Law 1991 ("Winding Up").

Jersey Subsidiary has ceased operations since 4 December 2020. The Winding Up of Jersey Subsidiary is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of the Company for the financial year ending 31 December 2021.

None of the Directors or controlling shareholders of the Company has any interest, direct or indirect, in the Winding Up of Jersey Subsidiary, save for their shareholdings (if any) in the Company.

By Order of the Board

Centurion Corporation Limited

Kong Chee Min

Chief Executive Officer

22 September 2021

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Centurion Corporation Limited published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 09:51:01 UTC.