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Deregistration of the Company's indirect subsidiaries

On June 15, 2021, the Company received a deregistration confirmation letter from the Accounting and Corporate Regulatory Authority (ACRA) - Singapore in connection with the Company's request for the deregistration of the following indirect subsidiaries of the Company which domiciled in Singapore:

  • Newspring Coal Resources Pte. Ltd.
  • Great Horizon Capital Pte. Ltd.
  • Great Horizon Consulting Pte. Ltd.

The deregistration of these indirect subsidiaries of the Company has no significant impact on the Company’s financial condition.