SINGAPORE, 6 APRIL
2023 – Amidst
much uncertainty in the global environment, the tenth edition of Influential Brands® Awards
was a timely reminder of the importance of good leaders and their ability to
steer companies through a volatile landscape.

As a regional company, Influential Brands celebrated
the Best in Class in Singapore and Thailand with a presence of more than 300 C-suite executives from
leading companies from across the region such as Singapore,
Indonesia, Malaysia, Thailand, and China.

Some of the esteemed Awardees
recognised in Singapore include prominent Brands, such as: NTUC FairPrice and
Changi Airport Group. &nbsp;

Ms.
Elaine Heng, Deputy Group CEO, FairPrice Group, said: “FairPrice Group is
delighted to receive three accolades including the Supermarket, Online Grocery
Retailer, and Supermarket Private Label awards at the 2022 Top Influential
Brands Awards. This is a strong testimony of our dedication and commitment to
our customers. As a progressive retailer with a social mission to moderate the
cost of living, we will continue to innovate and serve the needs of the
community, while keeping the price and supply of daily essentials stable for
all" 

Mr. Kelvin Ng, Vice
President, Corporate &amp; Marketing Communications, Changi Airport Group said:&nbsp; "Changi
Airport Group is humbled to receive this affirmation from travellers. This is
only made possible by the strong support of our airport partners, who keep our
Changi flag flying high everyday. We endeavour to work hard and innovate to
deliver the best airport experience to every traveller that we serve" 

Influential Brands and its
Thailand partner, Neo Target, held the 2022 Asia CEO Summit &amp; Award
Ceremony in Thailand to recognise the efforts from prominent companies and
business leaders including Central Retail Food, Grab Thailand among other distinguished
awardees. 

Mr.
Stephane Coum, Chief Executive of Food Group, Central Food Retail (CFG), said: "I
am grateful to my team for doing their best for our customers, colleagues and
community.&nbsp; Together, we will continue to
take “Tops” to greater heights as a Food Discovery &amp; Destination with the
goal of being truly a Green &amp; Sustainable Retailer that delivers the
greatest shopping experience to all.”

Mr. Worachat
Luxkanalode, Managing Director of Grab Thailand, said: "Grab Thailand is
deeply honored to receive this prestigious award. Being recognized as
Thailand's Top Influential Brand truly reflects the trust and support gained
from everyone in our ecosystem that includes users, merchant-partners and
driver-partners." 

TOP EMPLOYERS ARE
RECOGNISED BY THEIR VERY OWN EMPLOYEES

Backed by a robust anonymous employee survey with
the participation of more than 10,000 employees, 8 companies are
crowned&nbsp;“Top Employers”. The Awardees are: Canon (Hi-Tech), Siemens (Technology), Watsons
(Health &amp; Beauty Retailer), NUHS (Healthcare), PKF (Public Accounting
Firm), PropertyGuru Group (Technology), APB (Brewery) and JustCo (Co-working) are lauded by their own
employees through anonymous surveys as excellent employers.

These
8 companies were awarded with the title “Asia’s Top Employers” for scoring
above international benchmarks. They surpassed industry standards in
having meaningful employee engagement, strong alignment between employee &amp;
company culture and relevant HR practices in this digital age. The company
culture and employee engagement assessment were conducted in collaboration with
aAdvantage Consulting firm, Influential Brands’ research partner.

Dr. Thai Lai
Pham, CEO of Siemens ASEAN, shared,
“Behind such recognition is the unwavering commitment from our team to support
the industries that form the backbone of our economies, making it more
resilient, productive, and sustainable. Congratulations Team Siemens! I’m proud
to work with all of you in transforming the everyday lives of billions of
people across Asia by creating technology with purpose.”

Ms. Priscilla
Teo, Group Chief Human Resource Officer of NUHS&nbsp;shared “The National University Health System (NUHS) is a dynamic
organisation with professionals from diverse backgrounds. Across our
institutions, our employees are dedicated to delivering leading-edge patient
care, research, and education. The award affirms our effort and commitment to
providing a work environment that is conducive and engaging for our 15,000
staff. Be part of the OneNUHS family and explore a purposeful career with ample
opportunities for personal growth and development!”

Ms.
Genevieve Godwin, Chief People Officer, PropertyGuru Group said: "On
behalf of the team, I am delighted to accept this award for the second year
running. Our Gurus’ (employees) dedication to creating what's next in the
technology industry is what makes PropertyGuru Group an employer of choice in
Asia. We continue to build on our talent programmes year after year. In 2022,
we have embedded our Future of Work for our diverse community of 1800 Gurus, to
ensure everyone has the opportunity to work flexibly in line with their role
and team at PropertyGuru. Aligned with our culture of trust, our programmes
enable our Gurus to be their authentic selves and push beyond good every day.”

BRAND LEADERS ARE GLAD TO
WIN THE HEARTS OF CONSUMERS

Backed by a robust market survey in Asia with the participation of 10,000
consumers, 49 companies are named the&nbsp;“2022 Top Influential Brands”. 

The Awardees by category are: Hospitality
&amp; Travel: Changi Airport Group, Frasers Hospitality, Gojek, Grab,
Klook, Retail: Chow Tai Fook, Lotus’s, Makro, NTUC FairPrice, The Mall,
Tops Market, Banking &amp; Insurance: Muang Thai Life Insurance, Thai
Life, SCB, Food &amp; Beverage: Auntie Anne’s, BreadTalk, Café Amazon,
Din Tai Fung, Harry’s, Krispy Kreme, Mister Donut, Toast Box, Fast moving
consumer goods: Bio-home, Canesten, CP, EB, Holistic Way, Kratingdaeng,
Lifree, Meiji, Naturel, Playmore, POKKA, Refresh, Sadia, Suu balm, Zappy, Education:
MindChamps, NTUC LearningHub, Health: AOX (Hall of Fame), Beijing Tong
Ren Tang, Eu Yan Sang, Beauty: Caring Skin, Jean Yip, Others:
AIS, Ecovacs, IG, Major Cineplex, PTT Station.

In view of their ongoing efforts for more than
a decade to provide the best health products to customers, AOX was inducted to
the Hall of Fame. 

Finally, based on their
branding efforts to engage customers and provide an excellence experience, 4
companies were recognised as Outstanding brands. The Awardees are: EX Style and Zansan representing Singapore and FWD Insurance and
Government Housing Bank representing Thailand.

&nbsp;
Mr. Jonathan Quek, Deputy Managing Director of BreadTalk says, “BreadTalk is
thrilled and humbled to be awarded the Influential Brands Top Bakery Award
2022. This accolade marks yet another milestone for BreadTalk, reaffirming our
brand’s positioning not only in the industry, but in the hearts of our
consumers.” 

Mr. Marcus Yong, Vice President, Global
Marketing of Klook says, “We're thrilled to be able to receive this award,
which is a testament to our unwavering commitment to providing travelers with
unforgettable experiences. Travel is certainly back and we're excited to see
millennials and Gen Zs driving this tremendous demand as they seek out new
adventures and create meaningful memories. Our users are at the core of
everything we do, and we are immensely grateful for their continued trust and
loyalty in Klook as their go-to travel and experiences platform. We are excited
to be in a leading position to shape the future of travel and to bring a World
of Joy to everyone whether at home or abroad.".

The
main highlight of the summit in Thailand was the recognition of the Top CEOs
who were assessed based on their capacity to expand their business (local and
international), financial performance, innovation and personal integrity. 

Mr. Panote Sirivadhanabhakdi, CEO of Frasers Property
Limited received the top accolade of the night when he was named Top CEO in
Asia. He shared, “It is a privilege to be recognised as Asia's Top CEO by
Influential Brands. I share this honour with our people who support and deliver
for our customers and communities across the world. Real estate is a people
business and it's important the work we do serves a meaningful purpose. My
purpose is to try to improve the overall quality of life for people around me and
then to use the platform I have to make a positive difference in society.
That's why as a leading multinational real estate investor-developer-manager
operating across five asset classes, we strive to not only create lasting
shared value for businesses, communities and planet, but also deliver inspiring
experiences for all".

Together with Mr Sirivadhanabhakdi, 7 business leaders
from Thailand were recognised as Top CEOs in Thailand, namely, Mr.Stephane
Coum, Chief Executive Officer of Food Group, Central Food Retail Co. Ltd, Mr.
Sara Lamsam Chief Executive Officer of Muang Thai Life Assurance PCL., Mr. Chai
Chaiyawan, Chief Executive Officer and Director of Thai Life Insurance PCL.,
Mr. Vitoon Sila-On, Chief Executive Officer of S&amp;P Syndicate PCL., Mr.
Chatchai Sirilai, President of Government Housing Bank, Mr. Chayaphon Hunrungroj,
Chief Executive Officer of Altitude Development Co., Ltd., and Ms. Channapa
Saisamorn, Chief Executive Officer of Techno-sell (Frey) Co., Ltd. 

Based on their outstanding
leadership capabilities and performance, the Outstanding Leaders Award has been
given to four business leaders in Thailand, namely: Ms. Pavarisa Chumvigrant,
Chief Branding and Communications Officer of FWD Life Insurance PLC., Mrs.
Siriporn Dechsingha, Chief Corporate Communications Officer of Siam Makro PCL.,
Ms. Prettaya Sutchasila, President of Southeast Life Insurance PCL., and Ms.
Voralak Tulaphorn, Chief Marketing Officer of The Mall Group. 

Mrs. Vannee Leelavechbutr,
Founder &amp; Chief Executive Officer of Neo Target, added: “The CEO Summit
&amp; Award Ceremony is more than just an event for celebration. We aim to make
it a platform
for prominent executives and brand owners across Asia to collaborate and grow
beyond national levels.”

Mr. Jorge Rodriguez,
Managing Director of Influential Brands, said, “It is our honour to recognise C-suite executives
who are highly respected in their industries and are committed to embrace new
business models with a great sense of responsibility. We are also committed to
recognise Top and Outstanding Brands that have been able to delight consumers,
gaining their trust and loyalty. Finally, the accolade of Top Employer is a
true testament of companies’ efforts to implement best-in-class HR practices and
build a great culture, making them the best employers to work for. We are
looking forward to a greater engagement with ASEAN business leaders in 2023”. 

<a></a>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;End&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -

<h1>INFLUENTIAL BRANDS CELEBRATES CHAMPIONS OF BUSINESS EXCELLENCE IN ASIA WITH EVENTS IN SINGAPORE AND THAILAND AS PART OF THE CELEBRATION</h1>Influential Brands celebrated the Best in Class in Singapore and Thailand with a presence of more than 300 C-suite executives from leading companies from across the region such as Singapore, Indonesia, Malaysia, Thailand, and China.SINGAPORE, 6 APRIL
2023 – Amidst
much uncertainty in the global environment, the tenth edition of Influential Brands® Awards
was a timely reminder of the importance of good leaders and their ability to
steer companies through a volatile landscape.As a regional company, Influential Brands celebrated
the Best in Class in Singapore and Thailand with a presence of more than 300 C-suite executives from
leading companies from across the region such as Singapore,
Indonesia, Malaysia, Thailand, and China.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/image.png" alt="Awardees are recognised at The Capitol Theatre in Singapore"/>Some of the esteemed Awardees
recognised in Singapore include prominent Brands, such as: NTUC FairPrice and
Changi Airport Group. &nbsp;Ms.
Elaine Heng, Deputy Group CEO, FairPrice Group, said: “FairPrice Group is
delighted to receive three accolades including the Supermarket, Online Grocery
Retailer, and Supermarket Private Label awards at the 2022 Top Influential
Brands Awards. This is a strong testimony of our dedication and commitment to
our customers. As a progressive retailer with a social mission to moderate the
cost of living, we will continue to innovate and serve the needs of the
community, while keeping the price and supply of daily essentials stable for
all" Mr. Kelvin Ng, Vice
President, Corporate &amp; Marketing Communications, Changi Airport Group said:&nbsp; "Changi
Airport Group is humbled to receive this affirmation from travellers. This is
only made possible by the strong support of our airport partners, who keep our
Changi flag flying high everyday. We endeavour to work hard and innovate to
deliver the best airport experience to every traveller that we serve" Influential Brands and its
Thailand partner, Neo Target, held the 2022 Asia CEO Summit &amp; Award
Ceremony in Thailand to recognise the efforts from prominent companies and
business leaders including Central Retail Food, Grab Thailand among other distinguished
awardees. Mr.
Stephane Coum, Chief Executive of Food Group, Central Food Retail (CFG), said: "I
am grateful to my team for doing their best for our customers, colleagues and
community.&nbsp; Together, we will continue to
take “Tops” to greater heights as a Food Discovery &amp; Destination with the
goal of being truly a Green &amp; Sustainable Retailer that delivers the
greatest shopping experience to all.”Mr. Worachat
Luxkanalode, Managing Director of Grab Thailand, said: "Grab Thailand is
deeply honored to receive this prestigious award. Being recognized as
Thailand's Top Influential Brand truly reflects the trust and support gained
from everyone in our ecosystem that includes users, merchant-partners and
driver-partners." TOP EMPLOYERS ARE
RECOGNISED BY THEIR VERY OWN EMPLOYEES Backed by a robust anonymous employee survey with
the participation of more than 10,000 employees, 8 companies are
crowned&nbsp;“Top Employers”. The Awardees are: Canon (Hi-Tech), Siemens (Technology), Watsons
(Health &amp; Beauty Retailer), NUHS (Healthcare), PKF (Public Accounting
Firm), PropertyGuru Group (Technology), APB (Brewery) and JustCo (Co-working) are lauded by their own
employees through anonymous surveys as excellent employers.These
8 companies were awarded with the title “Asia’s Top Employers” for scoring
above international benchmarks. They surpassed industry standards in
having meaningful employee engagement, strong alignment between employee &amp;
company culture and relevant HR practices in this digital age. The company
culture and employee engagement assessment were conducted in collaboration with
aAdvantage Consulting firm, Influential Brands’ research partner.Dr. Thai Lai
Pham, CEO of Siemens ASEAN, shared,
“Behind such recognition is the unwavering commitment from our team to support
the industries that form the backbone of our economies, making it more
resilient, productive, and sustainable. Congratulations Team Siemens! I’m proud
to work with all of you in transforming the everyday lives of billions of
people across Asia by creating technology with purpose.”Ms. Priscilla
Teo, Group Chief Human Resource Officer of NUHS&nbsp;shared “The National University Health System (NUHS) is a dynamic
organisation with professionals from diverse backgrounds. Across our
institutions, our employees are dedicated to delivering leading-edge patient
care, research, and education. The award affirms our effort and commitment to
providing a work environment that is conducive and engaging for our 15,000
staff. Be part of the OneNUHS family and explore a purposeful career with ample
opportunities for personal growth and development!”Ms.
Genevieve Godwin, Chief People Officer, PropertyGuru Group said: "On
behalf of the team, I am delighted to accept this award for the second year
running. Our Gurus’ (employees) dedication to creating what's next in the
technology industry is what makes PropertyGuru Group an employer of choice in
Asia. We continue to build on our talent programmes year after year. In 2022,
we have embedded our Future of Work for our diverse community of 1800 Gurus, to
ensure everyone has the opportunity to work flexibly in line with their role
and team at PropertyGuru. Aligned with our culture of trust, our programmes
enable our Gurus to be their authentic selves and push beyond good every day.”BRAND LEADERS ARE GLAD TO
WIN THE HEARTS OF CONSUMERS Backed by a robust market survey in Asia with the participation of 10,000
consumers, 49 companies are named the&nbsp;“2022 Top Influential Brands”. The Awardees by category are: Hospitality
&amp; Travel: Changi Airport Group, Frasers Hospitality, Gojek, Grab,
Klook, Retail: Chow Tai Fook, Lotus’s, Makro, NTUC FairPrice, The Mall,
Tops Market, Banking &amp; Insurance: Muang Thai Life Insurance, Thai
Life, SCB, Food &amp; Beverage: Auntie Anne’s, BreadTalk, Café Amazon,
Din Tai Fung, Harry’s, Krispy Kreme, Mister Donut, Toast Box, Fast moving
consumer goods: Bio-home, Canesten, CP, EB, Holistic Way, Kratingdaeng,
Lifree, Meiji, Naturel, Playmore, POKKA, Refresh, Sadia, Suu balm, Zappy, Education:
MindChamps, NTUC LearningHub, Health: AOX (Hall of Fame), Beijing Tong
Ren Tang, Eu Yan Sang, Beauty: Caring Skin, Jean Yip, Others:
AIS, Ecovacs, IG, Major Cineplex, PTT Station.In view of their ongoing efforts for more than
a decade to provide the best health products to customers, AOX was inducted to
the Hall of Fame. Finally, based on their
branding efforts to engage customers and provide an excellence experience, 4
companies were recognised as Outstanding brands. The Awardees are: EX Style and Zansan representing Singapore and FWD Insurance and
Government Housing Bank representing Thailand.&nbsp;
Mr. Jonathan Quek, Deputy Managing Director of BreadTalk says, “BreadTalk is
thrilled and humbled to be awarded the Influential Brands Top Bakery Award
2022. This accolade marks yet another milestone for BreadTalk, reaffirming our
brand’s positioning not only in the industry, but in the hearts of our
consumers.” Mr. Marcus Yong, Vice President, Global
Marketing of Klook says, “We're thrilled to be able to receive this award,
which is a testament to our unwavering commitment to providing travelers with
unforgettable experiences. Travel is certainly back and we're excited to see
millennials and Gen Zs driving this tremendous demand as they seek out new
adventures and create meaningful memories. Our users are at the core of
everything we do, and we are immensely grateful for their continued trust and
loyalty in Klook as their go-to travel and experiences platform. We are excited
to be in a leading position to shape the future of travel and to bring a World
of Joy to everyone whether at home or abroad.".SUMMIT OF BUSINESS LEADERSThe
main highlight of the summit in Thailand was the recognition of the Top CEOs
who were assessed based on their capacity to expand their business (local and
international), financial performance, innovation and personal integrity. Mr. Panote Sirivadhanabhakdi, CEO of Frasers Property
Limited received the top accolade of the night when he was named Top CEO in
Asia. He shared, “It is a privilege to be recognised as Asia's Top CEO by
Influential Brands. I share this honour with our people who support and deliver
for our customers and communities across the world. Real estate is a people
business and it's important the work we do serves a meaningful purpose. My
purpose is to try to improve the overall quality of life for people around me and
then to use the platform I have to make a positive difference in society.
That's why as a leading multinational real estate investor-developer-manager
operating across five asset classes, we strive to not only create lasting
shared value for businesses, communities and planet, but also deliver inspiring
experiences for all".Together with Mr Sirivadhanabhakdi, 7 business leaders
from Thailand were recognised as Top CEOs in Thailand, namely, Mr.Stephane
Coum, Chief Executive Officer of Food Group, Central Food Retail Co. Ltd, Mr.
Sara Lamsam Chief Executive Officer of Muang Thai Life Assurance PCL., Mr. Chai
Chaiyawan, Chief Executive Officer and Director of Thai Life Insurance PCL.,
Mr. Vitoon Sila-On, Chief Executive Officer of S&amp;P Syndicate PCL., Mr.
Chatchai Sirilai, President of Government Housing Bank, Mr. Chayaphon Hunrungroj,
Chief Executive Officer of Altitude Development Co., Ltd., and Ms. Channapa
Saisamorn, Chief Executive Officer of Techno-sell (Frey) Co., Ltd. Based on their outstanding
leadership capabilities and performance, the Outstanding Leaders Award has been
given to four business leaders in Thailand, namely: Ms. Pavarisa Chumvigrant,
Chief Branding and Communications Officer of FWD Life Insurance PLC., Mrs.
Siriporn Dechsingha, Chief Corporate Communications Officer of Siam Makro PCL.,
Ms. Prettaya Sutchasila, President of Southeast Life Insurance PCL., and Ms.
Voralak Tulaphorn, Chief Marketing Officer of The Mall Group. Mrs. Vannee Leelavechbutr,
Founder &amp; Chief Executive Officer of Neo Target, added: “The CEO Summit
&amp; Award Ceremony is more than just an event for celebration. We aim to make
it a platform
for prominent executives and brand owners across Asia to collaborate and grow
beyond national levels.”Mr. Jorge Rodriguez,
Managing Director of Influential Brands, said, “It is our honour to recognise C-suite executives
who are highly respected in their industries and are committed to embrace new
business models with a great sense of responsibility. We are also committed to
recognise Top and Outstanding Brands that have been able to delight consumers,
gaining their trust and loyalty. Finally, the accolade of Top Employer is a
true testament of companies’ efforts to implement best-in-class HR practices and
build a great culture, making them the best employers to work for. We are
looking forward to a greater engagement with ASEAN business leaders in 2023”. <a></a>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;End&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; -About INFLUENTIAL BRANDS®  

Influential Brands® is a think-tank, research and business recognition platform to celebrate “Champion of Excellence”. 

Deeply embedded in our beliefs, is the need to foster a culture that honours the exemplary practices of leading brands in Asia, as well as their commitment to distinction.  We delight in
rejoicing with organisations over their successful brand efforts that have added value and left significant impression in their respective industries.  Through this, we hope to contribute to the
knowledge pool of best practices so that companies can produce quality and meaningful brands that influence and impact our environment, living standard, lifestyles and future.

Website: www.influentialbrands.com Facebook page: Influential Brands Facebook.For more information, please contact: 
media@influentialbrands.com

Marketing / Research

Influential Brands celebrated the Best in Class in Singapore and Thailand with a presence of more than 300 C-suite executives from leading companies from across the region such as Singapore, Indonesia, Malaysia, Thailand, and China.

INFLUENTIAL BRANDS CELEBRATES CHAMPIONS OF BUSINESS EXCELLENCE IN ASIA WITH EVENTS IN SINGAPORE AND THAILAND AS PART OF THE CELEBRATION

KOP PROPERTIES (UK) LIMITED COMPLETED
THE ACQUISITION OF CHARLTON HOUSE HOTEL AND SPA IN THE U.K.

Singapore,
6 March 2023 –
Catalist-listed KOP Limited (“KOPL” or the “Company”, together
with its subsidiaries, the “Group”) announced that on 28 February 2023, its
indirect, wholly-owned subsidiary company, KOP Properties (UK) Limited, has entered
into a purchase agreement with Bannatyne Hotels Limited for the acquisition of
the business including certain of its assets relating to the Charlton House
Hotel and Spa.&nbsp; The acquisition includes
the operations of a hotel, private members’ health and fitness club, beauty
spa, restaurant, function rooms and wedding venue which have been carried on at
Charlton House Hotel and Spa.&nbsp; The hotel
is located at Charlton Road, Shepton Mallet, Somerset, BA4 4PR.&nbsp;

Ms Leny Suparman, Group CEO of KOP Limited, said: “The
acquisition of the Charlton House Hotel and Spa owned by Bannatyne Hotels
Limited will fit into our hospitality portfolio where we provide leisure
experiences to our clients. &nbsp;This
purchase marks our re-entry into the U.K. market.”

Charlton House Hotel and Spa, which sits on 6 acres of
land, is only 15 minutes away from the location of the internationally renowned
Glastonbury Music Festival and just over 2-hour drive from London.&nbsp; The hotel has 28 guest rooms (all en-suite)
and has one Moroccan-themed spa which contains five treatment rooms, a
hydrotherapy pool, an aroma infused laconium sauna, crystal steam room, Finnish
sauna and ice fountain.&nbsp; The hotel’s
facilities include a full service air-conditioned gym with state of the art
machines, classes and training facilities.&nbsp;


The hotel also has a 2AA Rosette Restaurant and Bar,
Maxine’s, a lounge and bar in the drawing room as well as an Orangery that
hosts indoor and outdoor events such as weddings.&nbsp; It comes with sprawling grounds that has a
small apple orchard as well as a tennis court.

Bannatyne Hotels Limited is a private limited company
incorporated in England and Wales and is in the business of operating hotels,
all based in England.&nbsp; 

KOPL funded the acquisition through internal cash
resources of the Group.&nbsp; The sale and
purchase of business and certain assets owned by Bannatyne Hotels Limited has
been completed on 3 March 2023.

-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
End&nbsp;&nbsp; -

Listed on the Catalist board
of the Singapore Securities Trading Limited (“SGX-ST”), KOP Limited (“KOPL” or
the “Company”, together with its subsidiaries, the “Group”) is a
Singapore-based real estate development and entertainment company with a
diversified and robust portfolio of developments and investments in Singapore
as well as the region.

With origins leading back to
KOP Properties Pte. Ltd., the Group has quickly built a reputation as a
developer of niche, iconic and award-winning projects such as The Ritz-Carlton
Residences and Montigo Resorts, Nongsa and Seminyak in Indonesia. KOPL’s
property business covers areas of real estate development, investment and
management services and is built on an integrated business model. Through a
broad range of distinctive and award-winning real estate and hospitality
projects crafted with quality design and workmanship, KOPL provides unique
living and leisure experiences to its clients. 

Leveraging on the strategic
synergies between its subsidiaries, KOPL is empowered to expand its core
business of property development and incorporate entertainment elements into
various ventures, adding flavour and character to real estate. 

For more information, please contact:

Email:&nbsp;
<a href="mailto:patsy@mileage.com.sg">patsy@mileage.com.sg</a>
/ <a href="mailto:radhika@mileage.com.sg">radhika@mileage.com.sg</a>

_________________________________________________________________________________

This press release has been prepared by the Company and
its contents have been reviewed by the Company’s sponsor, RHT Capital Pte. Ltd.
(“Sponsor”), for compliance with the relevant rules of the Singapore Exchange
Securities Trading Limited (“SGX-ST”).

This press release has not been examined or approved by
the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press
release, including the correctness of any of the statements or opinions made or
reports contained in this press release.

The contact person for the Sponsor is Mr. Khong Choun
Mun, Registered Professional, 36 Robinson Road, #10-06 City House, Singapore
068877, sponsor@rhtgoc.com.

<h1>PRESS RELEASE ON "KOP PROPERTIES (UK) LIMITED COMPLETED THE ACQUISITION OF CHARLTON HOUSE HOTEL AND SPA IN THE U.K."</h1>IMMEDIATE RELEASEMEDIA RELEASEKOP PROPERTIES (UK) LIMITED COMPLETED
THE ACQUISITION OF CHARLTON HOUSE HOTEL AND SPA IN THE U.K.Singapore,
6 March 2023 –
Catalist-listed KOP Limited (“KOPL” or the “Company”, together
with its subsidiaries, the “Group”) announced that on 28 February 2023, its
indirect, wholly-owned subsidiary company, KOP Properties (UK) Limited, has entered
into a purchase agreement with Bannatyne Hotels Limited for the acquisition of
the business including certain of its assets relating to the Charlton House
Hotel and Spa.&nbsp; The acquisition includes
the operations of a hotel, private members’ health and fitness club, beauty
spa, restaurant, function rooms and wedding venue which have been carried on at
Charlton House Hotel and Spa.&nbsp; The hotel
is located at Charlton Road, Shepton Mallet, Somerset, BA4 4PR.&nbsp; Ms Leny Suparman, Group CEO of KOP Limited, said: “The
acquisition of the Charlton House Hotel and Spa owned by Bannatyne Hotels
Limited will fit into our hospitality portfolio where we provide leisure
experiences to our clients. &nbsp;This
purchase marks our re-entry into the U.K. market.”Charlton House Hotel and Spa, which sits on 6 acres of
land, is only 15 minutes away from the location of the internationally renowned
Glastonbury Music Festival and just over 2-hour drive from London.&nbsp; The hotel has 28 guest rooms (all en-suite)
and has one Moroccan-themed spa which contains five treatment rooms, a
hydrotherapy pool, an aroma infused laconium sauna, crystal steam room, Finnish
sauna and ice fountain.&nbsp; The hotel’s
facilities include a full service air-conditioned gym with state of the art
machines, classes and training facilities.&nbsp;
The hotel also has a 2AA Rosette Restaurant and Bar,
Maxine’s, a lounge and bar in the drawing room as well as an Orangery that
hosts indoor and outdoor events such as weddings.&nbsp; It comes with sprawling grounds that has a
small apple orchard as well as a tennis court.Bannatyne Hotels Limited is a private limited company
incorporated in England and Wales and is in the business of operating hotels,
all based in England.&nbsp; KOPL funded the acquisition through internal cash
resources of the Group.&nbsp; The sale and
purchase of business and certain assets owned by Bannatyne Hotels Limited has
been completed on 3 March 2023.-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
End&nbsp;&nbsp; -About
KOP LimitedListed on the Catalist board
of the Singapore Securities Trading Limited (“SGX-ST”), KOP Limited (“KOPL” or
the “Company”, together with its subsidiaries, the “Group”) is a
Singapore-based real estate development and entertainment company with a
diversified and robust portfolio of developments and investments in Singapore
as well as the region.With origins leading back to
KOP Properties Pte. Ltd., the Group has quickly built a reputation as a
developer of niche, iconic and award-winning projects such as The Ritz-Carlton
Residences and Montigo Resorts, Nongsa and Seminyak in Indonesia. KOPL’s
property business covers areas of real estate development, investment and
management services and is built on an integrated business model. Through a
broad range of distinctive and award-winning real estate and hospitality
projects crafted with quality design and workmanship, KOPL provides unique
living and leisure experiences to its clients. Leveraging on the strategic
synergies between its subsidiaries, KOPL is empowered to expand its core
business of property development and incorporate entertainment elements into
various ventures, adding flavour and character to real estate. For more information, please contact:Patsy Phay/Radhika ChandhokMileage
Communications Pte LtdTel: 6222 1678Email:&nbsp;
<a href="mailto:patsy@mileage.com.sg">patsy@mileage.com.sg</a>
/ <a href="mailto:radhika@mileage.com.sg">radhika@mileage.com.sg</a>www.mileage.com.sg_________________________________________________________________________________This press release has been prepared by the Company and
its contents have been reviewed by the Company’s sponsor, RHT Capital Pte. Ltd.
(“Sponsor”), for compliance with the relevant rules of the Singapore Exchange
Securities Trading Limited (“SGX-ST”). This press release has not been examined or approved by
the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press
release, including the correctness of any of the statements or opinions made or
reports contained in this press release.The contact person for the Sponsor is Mr. Khong Choun
Mun, Registered Professional, 36 Robinson Road, #10-06 City House, Singapore
068877, sponsor@rhtgoc.com.=

Mileage Communications Pte Ltd