Allegations about Stamford Land's AGM false

THE purpose of this letter is to address certain allegations that were raised against the company in the Facebook posting by a shareholder of the company on Jul 27 titled "Abhorrent board behaviour at Stamford Land AGM". This post was republished in a letter that the shareholder wrote to The Business Times on Jul 31 titled "Stamford Land board's high-handed conduct at AGM leaves bitter taste", on the purported events that took place at Stamford Land Corporation Ltd's annual general meeting on Jul 27.

The company has been wrongly accused in the Facebook post and the BT letter:

The company sets out in paragraphs 1 to 19 of the letter to shareholders posted on SGXnet on Aug 31 its response to these allegations, save to say at this point, that:

Benedict Tan General Counsel Stamford Land Corporation Ltd