Thank you very much for the questions and the opportunities to clarify them. We hope you have a better understanding of our business through this online exchange.

Your questions will be reposted in blue followed by our replies in black.

Rgds,
The Management Team
OKP Holdings Ltd

Dear Bryan Toh, you wrote:

Congratulation on your win on the S$143.8 million LTA contracts. What other public projects are you bidding for? Do you make money on public projects as they always choose the lowest bidder?

Thank you for the questions. With a focus on our core competencies in civil engineering projects, we continue to prospect for any viable projects and assess whether to submit a tender as and when the opportunities arise.

The construction landscape has become increasingly challenging due to competition, and rising operating and labour costs. Leveraging our decades of experience in the industry, we continue to adopt a prudent approach in our tenders with a focus on cost management and maximising shareholder returns.

We hope that your concerns were adequately addressed and look forward to your continued support.

Thank you.

Dear Gerald Tan, you wrote:

How many units have you sold for the Amber Skye & Lake Life project?

Thank you for your interest and questions.

The marketing for Amber Skye is still on-going.

For Lake Life, the project received overwhelming response and recorded strong sales performance.

Amber Skye and Lake Life are developments in which we have a minority 10% stake, and the developers are CS Amber Development Pte Ltd, a subsidiary of China Sonangol Land Pte. Ltd., and Lakehomes Pte Ltd, respectively.

Thank you once again for your interest in our projects. We will announce when there are further material developments.

Dear Frank Ho, you wrote:

Swee Hong is in financial difficulties, are you still going to tender MRT projects together? I think you should buy Swee Hong and bid for project outside Singapore to grow faster.

Thank you for your kind time in submitting the questions and more importantly, your vote of confidence and investment in us.

We are not in a position to comment on Swee Hong's financial status. However, on our front, we continue to explore viable business opportunities locally and overseas while focusing on maintaining sustainable profit margins.

We believe that the above should address your concerns and thank you once again.

Dear Benjamin Tan, you wrote:

What is your plan to reduce expenses and labour costs? Margins have fallen considerably, is there a plan to increase it? If so please outline how it will be done or else I will be dumping my stocks.

Thank you for your support of OKP.

The construction industry faces challenges such as rising manpower costs, labour constraints and competitive pricing in project tenders which have led to a compression in margins. While tender prices and margins have been relatively low, we continue to exercise prudent cost management policies and selectively tender for contracts that yield returns.

We also plan to increase our margins by improving productivity through various measures such as the adoption of advanced construction technologies including Building Information Modelling, and training courses.

In addition, we will continue to explore opportunities to grow our margins through acquisitions, joint ventures and strategic alliances that will enhance our core business competencies in construction and maintenance.

Thank you once again and we look forward to your continued support. We hope that your concerns were adequately addressed and look forward to your continued support.

Dear Susan Tang, you wrote:

Will you be consolidating your shares as your current share price is quite near to S$0.20?

Thank you for your time in submitting the questions.

We are aware of the new Minimum Trading Price rule implemented by SGX and will monitor the situation carefully before making a final decision, if required. Should there be any material developments, we will announce it accordingly on SGXNet.

We believe that the above should address your concerns and thank you once again.

Dear Investors,

Thank you for all your questions and the interest in OKP Holdings Ltd. We have come to the end of this Q&A session.

We have enjoyed and learnt much from your questions and we hope that you have a better insight of our Company and know more about our operations.

Rgds,
The Management Team
OKP Holdings Ltd.