Waiver::Application for Extension of Time to Release Results Announcement and to Hold AGM

OKH GLOBAL LTD.

(Company Registration Number: 35479)

(Incorporated in Bermuda)

APPLICATION FOR EXTENSION OF TIME TO RELEASE RESULTS ANNOUNCEMENT FOR THE FINANCIAL YEAR ENDED 30 JUNE 2021 AND TO HOLD ANNUAL GENERAL MEETING FOR THE FINANCIAL YEAR ENDED 30 JUNE 2021

The Board of Directors of OKH Global Ltd. (the "Company") wishes to announce that the Company had, on 10 August 2021, applied to the Singapore Exchange Securities Trading Limited (the "SGX-ST"): -

1. For waiver to comply with Rule 705(1) of the Listing Manual of the SGX-ST and extension of time to release its financial results for the financial year ended 30 June 2021 ("FY2021 Results Announcement") from the current deadline of 29 August 2021 to 29 September 2021; and
2. For waiver to comply with Rule 707(1) of the Listing Manual of the SGX-ST and extension of time to hold its annual general meeting ("AGM") for the financial year ended 30 June 2021 ("FY2021") from the current deadline of 31 October 2021 to 30 November 2021; and

(the "Application").

The reasons for the Application are set out as follows: -

1. The Company's internal server was down due to a malware in the system on 14 May 2021 and the staff were not able to access the Company's accounting system and internal server. Due to the complexity of decryption and large amount of data in the hard disk, the process of recovery took more than a month before the new internal server was up and running. Therefore, the accounting department has less than a month to finalise its accounts for the months of April 2021 to June 2021. A new server have since been installed and most of the corrupted data recovered. Certain data loss due to the piecemeal recovery of internal data required some accounting schedules to be prepared from scratch, this had resulted in a delay to compile and finalise its FY2021 Results Announcement.
2. In addition, there was a change of key personnel from the Company's accounting department in July 2021. The disruption due to the staff movement and the system down time had caused a delay in finalising and closing of the financial results for FY2021, which in turn resulted in a delay of the statutory audit.
3. In view of the above, more time would be required for the Company to finalise its FY2021 Results Announcement and for the Company's auditors to complete and finalise the independent auditors' report after the foregoing documents are provided by the Company for the Company's auditors to review, assess and conclude its audit opinion of the Company, in respect of the financial statements for FY2021 of the Company and its subsidiaries, and subsequent thereto, for the Company to complete the administrative and procedural matters in relation to the FY2021 AGM. Given the present situation, there will be a delay in finalising the financial statements and annual report for FY2021.

1. The Company also requires time thereafter to print, perform accuracy checks, distribute its annual report and observe the 21 days' notice to its shareholders.

The Company will release announcement(s) on the outcome of its Application in due course.

BY ORDER OF THE BOARD

LOCK WAI HAN

EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER 10 AUGUST 2021