HLH Group Limited

Prepared by Dinh Xuan SonJuly’2010

CORPORATE INFORMATION

• Full Company Name: HLH Group Limited• Incorporated in Singapore on 4 Sep 1999 • Registered Office: 82 Playfair Road, #13-01,

D’Lithium, Singapore 368001 Tel: 65 6289-8286 | Fax: 65 6289-8166

• Email: general@hlh.com.sg• Management:– Mr. Eddie Ho: Assistant General Manager

• The Company was listed on the mainboard of the Singapore Stock Exchange under the name “Hong Lai Huat Group Limited” on 21 June 2000, before eventually renaming itself HLH Group Limited on 15 June 2007

• The Company is a diversified group with interests in: 1.Properties Investments and Development of residential, industrial and commercial properties. 2.Building Construction, 3.Corn Plantation, Agri Aqua Consultancy, trading of agriculture and biotechnology products

• Market Interests: Brazil, China, Cambodia, India, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Ukraine, USA, Taiwan and Vietnam.

HLH Agri International Pte Ltda wholly-owned subsidiary of HLH Group Limited

• Our VisionTo position and establish ourselves aggressively as one of Asia’s largest and most trusted corn producers in the world.

• Our MissionTo produce high quality and specific purpose corn grains, that has higher extraction but at a lower cost for our customer from the processing and animal feed milling industry.

• StrategyFocus and excel in our core businessFoster close relationship and forge strategic alliance with our key suppliersProduce quality agricultural products that meet our customer’s needsKeep abreast with the market and continue to explore growth areas

Crop Plantation• With our vision of becoming one of Asia's leading agriculture companies , we had strategically

chosen Cambodia as the location for our primary operations.• Already one of the biggest corn producers in Cambodia, we are continuously developing and

expanding our plantations and production facilities to gradually increase our overall capacity over the next five years.

It is also in the beginning of a growth era, with its stable government welcoming businesses and investments to develop its fast-expanding market.

It is also exceptionally rich in natural resources, with a cheap and efficient labour force, and importantly has vast tracts of uncultivated land.

By choosing Cambodia as a base, we hope to advocate the country's food and economic security concerns, environmental protection and resource conservation issues, with a focus of reducing Cambodia's agricultural import tariff, reducing unemployment rate and income disparity.

With essential operations and engineering orientation, we are focused on industry developments to anticipate and implement technological improvements, so as to increase production efficiency and reducing costs, factors we believe are essential components for long-term success in a commodity driven industry.

HLH Agriculture Cambodia Co Ltd• Add. A1-A3-A5, Street Russian Blv,

Sangkat Teuk Thla, Khan Sen Sok, Phnom Penh 12102, Cambodia

• Tel: 023 995 050 / 023 995 262/ Fax: 023 995 515

• Management:– Mr. Lee Eng Ann (Richard): Operation

manager– Mr. Zach Chia: Assistant to COO

• 2006: started working with CBD government

• 2008: started developing agricultural land and processing operations

• 2009: the first planting corn season (~450ha x low yield 2mt/ ha)

Farm: The group has acquired around 12,000 hectares of agricultural land in CBDThey may need more 3-4 years to clear land and plant over this area.

Amlang Commune, Thpong District, Kampong Speu province (~1791ha).

Mr. Chris Pascual (Filipino) Farm manager

Corn dryers , grain storage warehouse, apartments, farm inputs warehouse, machinery shed

Farm: Oral district, Kampong Speu province (9985ha).

Farm Oral 1 Farm Oral 2

Mr. Carlito N. Gracia (Filipino) Farm manager(Former Monsanto TD)

Mr. Wang (Chinese) Farm manager

Advanced Mechanization

Demands of corn seeds

1. Drought tolerance:Planting in rainy season onlyNo irrigation system

2. Stand ability, leaves stay green till late harvestingHarvesting by harvester machine

3. High yieldExpect to get 7-8mt/ha

Cont.

Good germinationStrong vigor

Uniformed seed size (planting by planter machine)

Planting in 2010They plant at various time to harvest partly

Total corn area is around 2500haIn which, DK9901 is 500ha

Other hybrids: Pioneer 30Y87, LVN61, CP AAA, TF222

Planting Density75 x 18cm = 74k. Plants/ hectare

Fertilizer Current major fertilizer supplier - Japan Vietnam Fertilizer company (JVF)

• Per hectare:400kgs of NPK 15-15-15

200 kgs of Urea

• Fertilizer formular: 152N-60 P2O5-60 K2O

(Deficiency of potassium)

Trials in 2010• LVN 61/ 37 / 66/ 99/ 146• VN 8960• Bioseed 06 • CP AAA• Pioneer 30Y87•TN24, 0702, 0609, 0608, 629• MON: DK9901 (and DK9955 will be planted for 2 hectares in Aug)

HLH expectations from MON & SPC

• Can help them grow corn business in short term as well as long term especially in technical aspects.

• Can provide excellent germplasm with their mentioned demands (drought tolerance, stand ability, leaves stay green till late harvesting, high yield -8 mt/ha UP)

• Special price with delivery to their farms in Kampong Speu

• Organize a harvesting festival at the end of Oct’10 (sharing experience with their team, evaluating DK9901 and DK9955 performance, discussing next plans etc.)