Link: https://links.sgx.com/1.0.0/corporate-announcements/IM9YFQETBB8OHIPG/cc5d24b5f0fbbdd38f9aa94fc11a063b533de80137d0a6688b3148821b49bcbe

Summary:

• Sunrise Shares Holdings Ltd. is updating shareholders on the proposed acquisition of the entire equity interest in Fuzhou Tianfujia Industrial Co., Ltd for an aggregate consideration of S$1,000,000.

• After regulatory consultation, the Singapore Exchange determined this deal is a major transaction under SGX rules, requiring shareholder approval at a forthcoming extraordinary general meeting.

• The sale and purchase agreement (SSA) already included this approval as a condition precedent.

• Relative figures and financial effects of the acquisition remain unchanged from earlier disclosures.

• Shareholders should exercise caution as completion is subject to various conditions; further details and notices for the EGM will be sent via circular soon.

• Directors accept full responsibility for the announcement’s accuracy and completeness; the company’s sponsor and SGX have reviewed but do not endorse the content.