With reference to the announcement by SP Corporation Limited (SP Corporation) posted on SGXNet on 10 February 2020, the Board of Directors (Board) of Tuan Sing Holdings Limited announced its greatest sorrow over the demise of Mr. Boediman Gozali (alias Tony Wu), Non-Independent Executive Director who is also the Managing Director and Chief Executive Officer of SP Corporation, who passed away peacefully on 8 February 2020.