Giken Sakata

Giken Sakata: Proposed restructuring by way of a scheme of arrangement, via the acquisition of each existing Giken share for a new GSS Energy (GSSE) share. Upon completion, Giken will become a wholly-owned subsidiary of GSSE- an investment holding company, which is currently owned by directors of Giken- Ng Say Tiong and Yeung Kin Bond Sydney. The restructuring is intended to facilitate other possible investment opportunities should they arise, which may include the potential cooperation or investment in the company.