Dear all Sing Medical Group (“SMG”) announced on 18 Dec 20 that the Company is currently in discussions with a third party regarding a possible transaction involving the Company’s shares. The discussions are preliminary and there is no certainty or assurance that such discussions will progress beyond the current stage or that any transaction will materialise as a result of such discussions. Why am I interested in SMG? My personal view is that at $0.315, given a potential share transaction scenario, the risk reward seems favourable. Please refer to my basis and the risks as highlighted below: 1) Past recent trend – average premium to 3M, 6M VWAP are around 31% and 40% respectively Based on Table 1 below, based on prudence, if I exclude Perennial and SK Jewellery which have incredible large premiums, average premium to 3M, 6M VWAP are around 31% and 40% respectively. This translates to a potential take-over price of around $0.360- 0.380....