We refer to the announcements dated 4 December 2017, 2 February 2018, 27 March 2018, 2 April 2018, 6 April 2018, 2 May 2018, 7 May 2018, 6 June 2018, 21 August 2018, 3 September 2018, 12 September 2018, 18 September 2018, 20 September 2018, 25 September 2018, 27 February 2019, 20 March 2019, 2 April 2019 and 28 May 2019 (“Announcements”), and the circular to the unitholders dated 8 May 2018 in relation to the Proposed Acquisitions (“Circular”). Unless otherwise stated, the definitions used in this announcement shall have the same meanings as set out in the Circular and the Announcements.

As at the date of this announcement, the sole condition precedent under Clause 4.11(iii) of the SPA 3 stated in the announcement dated 28 May 2019 has yet to be fulfilled. Affin Hwang IB wishes to announce on behalf of the Board, that the Purchaser has vide their solicitors written to the Vendor’s solicitors requesting for a further extension period of 6 months from 28 August 2019 to 28 February 2020 to fulfil the said condition precedent (“Request for Extension”).

The Request for Extension is subject to the decision of the Vendors' Board of Directors which shall be procured in due course.

Save for the abovementioned extension, the other salient terms of the SPA 3 and Supplemental Agreement remain unchanged.

This announcement is dated 28 August 2019.