Press Release

Kraig Biocraft Laboratories and MtheMovement by Kings Group sign Exclusive Purchase and Sales Agreement for up to potentially $40 million

Kraig Labs and Kings Group to jointly own SpydaSilk™ apparel brand, Joint Venture is the first large-scale Spider Silk Commercialization Agreement

ANN ARBOR, Mich., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company” or “Kraig Labs”), the biotechnology company focused on the development and commercialization of spider silk, announces that it is forming a joint venture partnership with MtheMovement, an eco-friendly luxury streetwear apparel line, part of the Kings Group of Companies and its affiliated companies (“Kings Group”).

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Kraig Biocraft Laboratories and Kings Group form Spydasilk Enterprises Pte. Ltd., a Singapore based Joint Venture Company, for the marketing and sales of spider silk based products

Kraig’s joint venture with Kings is tied to the previously announced exclusive spider silk purchase and sales agreement valued at up to US$40 million

Gold as a new yet traditional way of saving

Gold prices rose 18 percent in 2019, reaching more than S$2,170 in February 2020, and optimists forecast that prices could rise as high as US$1,900 given the economic uncertainty. Investing in gold can be to hedge against inflation, or to have a safe haven in an uncertain environment, or to diversify a portfolio. Walter Wee, Chief Investment Officer, KINGS Group shares how saving or investing in gold can be convenient, affordable and fun.

Read more at Money FM 89.3

ANNOUNCEMENT: HLH Agriculture (Cambodia) Co., Ltd has entered into the joint cooperation agreement with Joe Green Pte Ltd

SINGAPORE – 12 April 2021 - SGX Mainboard Listed Hong Lai Huat Group Limited (the “Company”) together with its subsidiaries, (“the Group”) wishes to announce that the Group’s wholly owned subsidiary, HLH Agriculture (Cambodia) Co., Ltd (“HLHA”) has entered into the joint cooperation agreement with Joe Green Pte Ltd (“Joe Green”) under her licensee for granting the right to develop a Light-Weight Concrete Panel Manufacturing Plant in the construction material zone located in its Aoral Eco City project in the Kingdom of Cambodia. (the “Aoral Eco-City”)

Kraig Biocraft Laboratories and Kings Group form Spydasilk Enterprises Pte. Ltd., a Singapore based Joint Venture Company, for the marketing and sales of spider silk based products

Kraig’s joint venture with Kings is tied to the previously announced exclusive spider silk purchase and sales agreement valued at up to US$40 million