Sunningdale Tech Response to Quarz Capital’s Open Letter to the Management and Board

Sunningdale Tech Ltd, formerly Plasolux Pte. Ltd., is engaged in the manufacturing and sale of dies, tools, jigs, fixtures, steel molds and plastic products. The Company's segments include Automotive, which produces faceplates for automotive audio systems and climate controls, speedometers/clusters, steering switches and exterior antenna covers, among others; Healthcare, which produces scoops, caps, drug delivery and diagnostic devices; Consumer/IT segment, which produces information technology (IT), consumer and telecommunication products, including mobile phones, and inkjet cartridges, among others, and Mould Fabrication segment, which designs and manufactures the molds used in the manufacturing of plastic injection parts. The Company's subsidiaries include Omni Mold Ltd, which is engaged in the design, manufacturing, marketing and export of steel molds, and UFE Pte Ltd, which is engaged in designing and manufacturing of molds and plastic injection molding plastics products.