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Update on Transaction with AMTD Group

Singapore, 2 February 2021 –We understand that there has been some news circulation pertaining to our transaction with AMTD group.

We refer to our news release dated 2 October 2020 announcing our plans to team up with the AMTD Group to create a Pan-Asian Digital Solutions Platform and would like to clarify that the term sheet has since lapsed and there is no longer any intention to proceed with this transaction.

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