Appendix 2.3.2 Undertaking in Support of Secondary Listing Application for Equities* / Investment Funds*

Mainboard Rules

Appendix 2.3.2 Undertaking in Support of Secondary Listing Application for Equities* / Investment Funds*

Crossed-referenced from Rule 248(1)

* Delete where applicable

To: Singapore Exchange Securities Trading Limited

We, ..................................................................................... ("the Applicant" )

(Name of Applicant)

in consideration of Singapore Exchange Securities Trading Limited ("SGX-ST") granting our application for admission to the Official List and quotation of our securities agree:—

(1) to comply with the applicable listing rules and requirements as the Exchange may from time to time apply to us (whether before or after listing), including but not limited to the provision of an annual certification in the form prescribed by the Exchange that we have complied with the applicable continuing listing obligations;

(2) that our listing and the quotation of our securities is at the Exchange's discretion. We may be removed from the Official List or our securities may be suspended or removed from listing or quotation at any time without the Exchange giving any reason; and

(3) to pay the fees published by the Exchange as required.

The above Undertaking has been signed by me as ....................................................

(title)

Signed pursuant to authority granted to me by resolution of the Board of Directors of the said corporation on ..........................................

...............................
Name
..............................	..........................
Signature	Date

Amended on 29 September 2011 29 September 2011 and 3 November 2014 3 November 2014.