Zhitong Finance App News, RAFFLESINTERIOR (01376.HK) announced that in relation to (among others) the allegations contained in a request letter and an anonymous complaint letter relating to the company's executive director Mr. Zheng Nenghuan, the board of directors noticed that several previous announcements clearly or substantively stated that the company was unable to verify or confirm the accuracy of the facts stated in the relevant complaint letter at the relevant time. Although several previous announcements stated that the company had made inquiries to Mr. Zheng Nenghuan, the current board of directors was unaware of any previous announcements disclosing that the then incumbent board of directors of the company had completed substantive verification of such allegations, ascertained the identity of the complainants, or obtained independent third party evidence sufficient to support or refute such allegations. Despite this, previous announcements have repeatedly mentioned these allegations. The Board believes that the previous announcement did not include the clarifications and supporting information submitted by Mr. Zheng Nenghuan in a comprehensive and balanced manner.

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