The board of directors of KSH Holdings Limited announced that the company has on December 9, 2015, incorporated a wholly-owned subsidiary, KSH Hotels Investments Pte. Ltd. (KSHHI). Paid-up and issued capital of the company is 10 ordinary shares of SGD 1.00 each
and the source of investment is the funds derived from internal resources. The principal activities of KSHHI are property development and holding of assets for investment.

The company announced that Mr. Choo Chee Onn, Mr. Lim Kee Seng, Mr. Tok Cheng Hoe and Mr. Kwok Ngat Khow have been appointed as directors of KSH Hotels Investments Pte. Ltd. (KSHHI).