EZRA HOLDINGS LIMITED

(Incorporated in the Republic of Singapore) (Company Registration Number: 199901411N)

UPDATE ON RESTRUCTURING PROCEEDINGS COMMENCED IN THE UNITED STATES: BAR DATE NOTICE

The Board of Directors (the "Board") of Ezra Holdings Limited (the "Company"), together with its subsidiaries and associated companies, refers to its announcement dated 19 March 2017. The Company, together with its wholly owned subsidiaries, EMAS IT Solutions Pte Ltd and Ezra Marine Services Pte Ltd (collectively, the "Ezra Chapter 11 Entities") had on 18 March 2017 filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code (the "Ezra Chapter 11 Filing") in order to facilitate the financial restructuring of the Ezra Chapter 11 Entities, and consequently, the Company and its subsidiaries.

Pursuant to the Ezra Chapter 11 Filing, the United States Bankruptcy Court for the Southern District of New York (the "US Court") has on 16 June 2017 entered an order establishing the deadlines for the filing of proof of claims against the Ezra Chapter 11 Entities. A copy of the notice of deadline for filing of proofs of claim ("Bar Date Notice") Bar Date Notice has been published on the following website: https://cases.primeclerk.com/ezra and annexed hereto. A copy of the Bar Date Notice has also been published in the international edition of The Financial Times and in The Straits Times today.

Proof of claims may be filed either electronically through Prime Clerk's website at https://cases.primeclerk.com/ezra/EPOC-index or by delivering the original Proof of Claim form by hand, or mailing to:

If by overnight courier, hand delivery, or first class mail to:

Ezra Holdings Limited, et al.

Claims Processing Center c/o Prime Clerk LLC

830 3rd Avenue, 3rd Floor New York, NY 10022

OR

If by hand delivery:

United States Bankruptcy Court, SDNY 300 Quarropas Street

White Plains, NY 10601

Details on the filing of the Proofs of Claim, including the Proofs of Claim deadlines and the form of the Proofs of Claim, can be found in the Bar Date Notice. Other than for governmental entities, proofs of claim must be filed by 31 July 2017, 5:00 p.m. (Eastern Time) for any prepetition claims, including secured claims, priority claims, and claims arising under section 503(b)(9) of the Bankruptcy Code. This deadline applies to any claims that arose prior to 18 March 2017.

ANY HOLDER OF A CLAIM THAT IS NOT EXCEPTED FROM THE REQUIREMENTS OF THE BAR DATE ORDER, AND THAT FAILS TO TIMELY FILE A PROOF OF CLAIM IN THE APPROPRIATE FORM WILL BE FOREVER BARRED FROM ASSERTING SUCH CLAIM AGAINST THE DEBTORS AND THEIR CHAPTER 11 ESTATES, FROM VOTING ON ANY PLAN OF REORGANIZATION FILED IN THE CHAPTER 11 CASES, AND FROM PARTICIPATING IN ANY DISTRIBUTION IN THE DEBTORS' CASES ON ACCOUNT OF SUCH CLAIM.

Further announcements will be made by the Company and the Board via SGXNET as and when there are any material developments in compliance with the listing rules of the Singapore Exchange Securities Trading Limited.

When in doubt as to the action they should take, stakeholders and potential investors should consult their financial, tax or other advisers.

By Order of the Board

Shannon Ong Company Secretary 30 June 2017

UNITED STATES BANKRUPTCY COURT, SOUTHERN DISTRICT OF NEW YORK

In re

EZRA HOLDINGS LIMITED, et al.,

Debtors.

Chapter 11 Case Nos.: 17-22405 (RDD)

Through 17-22407 (RDD) (Jointly Administered)

NOTICE OF DEADLINE FOR FILING PROOFS OF CLAIM

Chapter 11 bankruptcy cases concerning the debtors listed below were filed on March 18, 2017. You may be a creditor of one of the debtors. On June 16, 2017, the United States Bankruptcy Court for the Southern District of New York (the "Court"), having jurisdiction over the chapter 11 cases of Ezra Holdings Limited, and certain of its affiliates as debtors and debtors in possession, (collectively, the "Debtors") entered an order (the "Bar Date Order") establishing, July 31, 2017 at 5:00 p.m. (Eastern Time) as the last date and time for each person and entity (including individuals, partnerships, corporations, joint ventures, and trusts, but not governmental units (as defined in section 101(27) of the Bankruptcy Code) ("Governmental Units")) to file a proof of claim ("Proof of Claim") based on prepetition claims, including, for the avoidance of doubt, secured claims, priority claims, and claims arising under section 503(b)(9) of chapter 11 of title 11 of the United States Code (the "Bankruptcy Code"), against the Debtors listed above (the "General Bar Date"); and (ii) September 14, 2017at 5:00 p.m. (Eastern Time) as the last date and time for each Governmental Unit to file a Proof of Claim based on prepetition claims against any of the Debtors (the "Governmental Bar Date," and, together with the General Bar Date, the "Bar Dates").

The Bar Date Order, the Bar Dates, and the procedures set forth below for the filing of Proofs of Claim apply to all claims against the Debtors (other than those set forth below as being specifically excluded) that arose prior to March 18, 2017, the date on which the Debtors commenced their cases under chapter 11 of the Bankruptcy Code.

If you have any questions relating to this Notice, please feel free to contact Prime Clerk LLC ("Prime Clerk") at (855) 631-5345 (toll free) or by e-mail at EzraInfo@primeclerk.com.

YOU SHOULD CONSULT AN ATTORNEY IF YOU HAVE ANY QUESTIONS, INCLUDING WHETHER YOU SHOULD FILE A PROOF OF CLAIM.

NOTE: The staff of the Bankruptcy Clerk's Office, the Office of the United States Trustee, and the Debtors' Claims and Noticing Agent cannot give legal advice.

See Below for Important Explanations

Name of Debtor

Case Number

Tax IdentificationNumber

Ezra Holdings Limited

17-22405 (RDD)

199901411N

(Singapore)

EMAS IT Solutions Pte. Ltd.

15-22406 (RDD)

201135414W

(Singapore)

Ezra Marine Services Pte. Ltd.

17-22407 (RDD)

199707685G

(Singapore)

OTHER NAMES USED BY THE DEBTORS IN THE PAST 8 YEARS: None

Attorneys for Debtors

Saul Ewing LLP

1037 Raymond Boulevard 555 Fifth Avenue

Suite 1520 Suite 1700

Newark, NJ 07102 New York, NY 10017 http://www.saulewing.com

Phone: 973-286-6700 Phone: 212-980-7200

Fax: 973-286-6800

Sharon L. Levine, Esq. Jeffrey C. Hampton, Esq. Stephen B. Ravin, Esq. Dipesh Patel, Esq.

Aaron S. Applebaum, Esq.

DATE, TIME, AND LOCATION OF MEETING OF CREDITORS PURSUANT TO BANKRUPTCY CODE SECTION 341(a)

(To be determined)

Location:

United States Bankruptcy Court, 300 Quarropas Street

White Plains, New York, 10601

Address of the Clerk of the Bankruptcy Court Clerk of the United States Bankruptcy Court, 300 Quarropas Street, Room 248

White Plains, NY 10601 Phone: 914-390-4060

Vito Genna, Clerk of the Bankruptcy Court

Hours Open: 8:30 a.m. - 5:00 p.m.

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Ezra Holdings Limited published this content on 30 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 June 2017 04:20:05 UTC.

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