HS Optimus Holdings Limited SGX-ST code "504" (formerly known as "KLW Holdings Limited") began as awoodworking business in Kota Tinggi, Malaysia and Singapore from 1983, and was listed as a public limited company on 10 September 1998 on the secondary board of the Stock Exchange of Singapore Catalist Board (formerly knownas "SESDAQ"). The Company and its subsidiaries ("Group") have evolved and developed into a regional anddiversified group with 3 main business segments:(i) Door Manufacturing and Distribution - High value and environmentally friendly timber quality doors for well-known quality home improvementand DIY chain-stores and distributors throughout Europe, United States, the middle east and parts of Asia.With a full manufacturing factory and capabilities located in Johor Bahru, Malaysia, with a floor space of300,000 sq. ft. with the capability to produce approximately up to 300,000 doors per year. and is FSC andISO certified. The Group has built a reputation for reliable, consistent and durable quality engineered doorsin the market which had made it as the accepted and preferred choice for door distributors especially inEurope.(ii) Property development and property investment - In December 2014, the Company expanded into property development and property investment and hasmade forays into regional markets, specifically in Melbourne, Australia and Jakarta Indonesia, as shown byits sale of the property at 301, Flinders Lane for A$34.2 million in 2016. The Group's current propertyportfolio includes a 5-storey building located at 23-31 Lincoln Square South, Carlton, Melbourne, Australia and a 7,913 square metres land located at Jl. R.A. Kartini No. 18, Jakarta, Indonesia. In 2021, the Companyalso entered into an investment debt and marketing agreement with the owners of the property located at82 Westgarth Street, Fitzroy, Melbourne, Australia.(iii) Secured Property Financing Business - In December 2021, the Company obtained shareholder approval to expand its core business to include thesecured property financing, which would entail providing financing to Singapore incorporated or registeredcorporations or LLPs which are secured in the form of a first mortgage on residential, commercial orindustrial property and personal guarantees, owned by the borrowing entity and /or owner.