General Announcement::CLOSE OF OFFER AND TRADING SUSPENSION

DUTECH HOLDINGS LIMITED

(Incorporated in the Republic of Singapore)

Registration No. 200616359C

CLOSE OF OFFER AND TRADING SUSPENSION

1. INTRODUCTION

1. The Board of Directors (the "Board") of Dutech Holdings Limited (the "Company", and together with its subsidiaries, the "Group") refers shareholders of the Company ("Shareholders") to the voluntary unconditional cash offer ("Offer") by UOB Kay Hian Private Limited ("UOBKH"), for and on behalf of TSI Metals HK Limited ("Offeror") for all the issued and paid-up ordinary shares ("Shares") in the capital of the Company, other than any Shares held in treasury.
2. The Board further refers to:
3. 1. the announcement released on 13 August 2021 ("Date of Suspension of Trading Announcement") by the Company, informing Shareholders, inter alia, the date of suspension of the Shares; and
   2. the announcement released on 16 August 2021 ("Close of Offer Announcement") released by UOBKH, for and on behalf of the Offeror, in relation to, inter alia, the close of Offer and the level of valid acceptances of the Offer.

Unless otherwise defined, all capitalised terms not defined herein shall have the same meanings ascribed to them in the Date of Suspension of Trading Announcement.

Electronic copies of the Date of Suspension of Trading Announcement and Close of Offer Announcement are available on the website of the Singapore Exchange Securities Trading Limited ("SGX-ST") at https://www.sgx.com/.

1. CLOSE OF OFFER
   As stated in the Close of Offer Announcement, UOBKH had announced, for and on behalf of the Offeror, that the Offer has closed at 5.30 p.m. (Singapore time) on 16 August 2021 ("Final Closing Date"). Accordingly, the Offer is no longer open for acceptance and any acceptances received after the close of the Offer will be rejected. Shareholders should refer to the Close of Offer Announcement for more information.
2. Trading Suspension
   As stated in the Date of Suspension of Trading Announcement, the Company had consulted with the SGX-ST and announced that the suspension of trading of the Shares will take place

immediately after the close of the Offer. In view of this, the Board wishes to inform Shareholders that it will request that the SGX-ST suspend the trading of the Shares with effect from 9.00 a.m. (Singapore time) on 17 August 2021, being one business day after the Final Closing Date.

4. Responsibility Statement

The Directors of the Company (including those who have delegated detailed supervision of this announcement) have taken all reasonable care to ensure that the facts stated in this announcement are fair and accurate and that no material facts have been omitted from this announcement, and they jointly and severally accept responsibility accordingly.

Where any information has been extracted or reproduced from published or otherwise publicly available sources (including, without limitation, any announcements made by the Offeror), the sole responsibility of the Directors of the Company has been to ensure, through reasonable enquiries, that such information has been accurately and correctly extracted from such sources and/or reflected or reproduced in this announcement.

On behalf of the Board

Chester Leong

Company Secretary

16 August 2021