IPO approximately 27 times subscribed based on the total offering size of 30 million shares

Singapore, October 26, 2007 – Rokko Holdings Ltd. (“洛科集团有限公司”) (“Rokko” or the “Group”), a provider of automated equipment and precision engineering services, has announced today that its initial public offering (“IPO”) has received strong response from investors in both the Placement and Public Offer tranches. The IPO was approximately 27 times subscribed based on the issue size of 30 million shares.

In connection with the listing of the Group on the SGX-ST Dealing and Automated Quotation System (“SGX-SESDAQ”), 30 million shares comprising 2 million Offer Shares and 28 million Placement Shares, were offered at S$0.25 each.

As at the close of its IPO at 12.00 noon on October 25, 2007, 9,258 valid applications were received for the 2 million Offer Shares made available to the public for subscription at S$0.25 per Offer Share. In total, these applicants applied for approximately 793.9 million Offer Shares, with application monies received amounting to approximately S$198.5 million.

Rokko’s Placement tranche of 28 million Placement Shares also garnered strong interest from institutional and corporate investors. They include funds under the discretionary management of Daiwa SB Investments (Singapore) Ltd and Sirius Venture Consulting Pte Ltd and its associate.

Said Mr Gary Lim Chong Chen (林仲振), founder and Managing Director of Rokko: “We are delighted with the overwhelming response to our IPO from both institutional and retail investors. This signifies the investing community’s trust in Rokko and its future prospects. We are extremely encouraged by this vote of confidence in us and will work towards realising our commitment to enhance shareholder value.

Our listing in Singapore marks a significant milestone for Rokko Holdings Ltd. With the IPO proceeds, we will continue to invest in our research and development to stay at the forefront of technology, and provide more value to our established customer base. We will also seek to strengthen our market position in the region through organic and strategic expansion plans.”

Rokko plans to use the net proceeds of approximately S$6.2 million from the issue of the New Shares as follows:

• Expansion of production capacity for its Stamping and Tooling Divisions
• Development of new products
• Acquisitions, joint ventures and/or strategic alliances for expansion of its business, and for working capital purposes

China Construction Bank Corporation, Singapore Branch, was the Manager, Underwriter and Placement Agent for the IPO.

Trading of Rokko’s shares will commence on October 29, 2007, at 9.00 a.m.

Corporate Profile

Established in 1994, the Group currently provides automated equipment and precision engineering services to customers in the semiconductor and electronics industries. The Group has 3 main business segments – Equipment – the design, development and manufacturing of automated equipment and marketing it under the proprietary “Rokko” and “Finix” brands, Tooling – the design, development and manufacturing of precision tools used in the front-end and back-end processes in the semiconductor manufacturing process, and Stamping – the provision of connector stamping services, as sub-contractors, to manufacturers in the electronics industry. The Group, with manufacturing facilities in Singapore and Malaysia and a presence in Indonesia, has a global customer base stretching from South East Asia to North Asia and some parts of Europe.