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REPL::Annual General Meeting::Voluntary

Issuer & Securities

Issuer/ Manager HONG LEONG ASIA LTD.

Security HONG LEONG ASIA LTD. ­ SG1F76860344 ­ H22

Announcement Details

Announcement Title Annual General Meeting

Date & Time of Broadcast 28­Apr­2017 19:31:13

Status Replacement

Announcement Reference SG170404MEET78M9

Submitted By (Co./ Ind. Name) Ng Siew Ping, Jaslin

Designation Company Secretary

Financial Year End 31/12/2016

Event Narrative

NarrativeType Narrative Text

AdditionalText

Please refer to the attached announcement on resolutions passed at the 56th Annual General Meeting ofthe Company held on 28 April 2017 ("AGM"). The presentation given by Mr Philip Ting, a Director and theChief Executive Officer of the Company, at the AGM is also attached.

Event Dates

Meeting Date and Time 28/04/2017 15:00:00

Response Deadline Date 26/04/2017 15:00:00

Event Venue(s)

Place

Venue(s) Venue details

Meeting Venue Grand Copthorne Waterfront Hotel, Galleria Ballroom, Level 3, 392 Havelock Road,Singapore 169663

Attachments HLA_AGM_Results_28042017.pdf

HLA_AGM_Presentation_Slides_28042017.pdf

Total size =1217K

Related Announcements04/04/2017 17:13:46

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Page 1 of 5

HONG LEONG ASIA LTD. (Co. Reg. No. 196300306G)

Resolutions Passed at the 56th Annual General Meeting of Hong Leong Asia Ltd. held on 28 April 2017

The Board of Directors of Hong Leong Asia Ltd. (the “Company”) wishes to announce the following: Resolutions Passed at the 56th Annual General Meeting At the Company’s 56th Annual General Meeting held today, 28 April 2017 (“56th AGM”), all resolutions referred to in the Notice of the 56th AGM dated 4 April 2017 were duly passed by way of poll which was conducted electronically.

(a) A breakdown of all valid votes cast at the 56th AGM is set out below:

Resolution number and details

Total number of shares represented by votes for and against the relevant resolution

For Against

Number of shares

As a percentage of total number of votes for and against the resolution (%)

Number of shares

As a percentage of total number of votes for and against the resolution (%)

Ordinary Business – Ordinary Resolutions

Resolution 1 Adoption of Directors’ Statement, Financial Statements and Auditors’ Report

275,086,347 274,753,847 99.88% 332,500 0.12%

Resolution 2 Declaration of a First and Final Dividend

275,001,647 274,966,647 99.99% 35,000 0.01%

Resolution 3 Approval of Directors’ Fees and Audit Committee Fees

274,981,147 274,696,647 99.90% 284,500 0.10%

Resolution 4 Re-election of Mr Kwek Leng Peck as Director.

273,088,847 272,220,247 99.68% 868,600 0.32%

Page 2 of 5

Resolution number and details

Total number of shares represented by votes for and against the relevant resolution

For Against

Number of shares

As a percentage of total number of votes for and against the resolution (%)

Number of shares

As a percentage of total number of votes for and against the resolution (%)

Resolution 5 Re-appointment of Ernst & Young LLP as Auditor

274,962,647 274,957,647 100.00% 5,000 0.00%

Special Business – Ordinary Resolutions

Resolution 6 Authority for Directors to issue shares and/or make or grant offers, agreements or options pursuant to Section 161 of the Companies Act, Chapter 50 and the Listing Manual of Singapore Exchange Securities Trading Limited

274,915,147

266,591,292

96.97%

8,323,855

3.03%

Resolution 7 Authority for Directors to offer and grant options to eligible participants under the Hong Leong Asia Share Option Scheme 2000 (the “SOS”) other than Parent Group Employees and Parent Group Non-Executive Directors and to issue shares in accordance with the provisions of the SOS

271,893,547

252,324,059

92.80%

19,569,488

7.20%

Resolution 8 Renewal of Share Purchase Mandate

274,908,147 274,595,147 99.89% 313,000 0.11%

Resolution 9 Renewal of IPT Mandate for Interested Person Transactions

32,091,047 31,871,847 99.32% 219,200 0.68%

Page 3 of 5

Resolution number and details

Total number of shares represented by votes for and against the relevant resolution

For Against

Number of shares

As a percentage of total number of votes for and against the resolution (%)

Number of shares

As a percentage of total number of votes for and against the resolution (%)

Special Business - Special Resolutions

Resolution 10 Adoption of the new Constitution

274,878,847 274,485,347 99.86% 393,500 0.14%

Resolution 11 Alteration of objects in the new Constitution

274,925,347 274,476,847 99.84% 448,500 0.16%

(b) Details of parties who were required to abstain from voting on any resolution(s), including the

number of shares held and the individual resolution(s) on which they were required to abstain from voting are as follows:

Details of Party(ies) Resolution number and details Number of shares held (in own name and/or name of nominee)

Mr Kwek Leng Peck

Resolution 4 Re-election of Mr Kwek Leng Peck as Director Resolution 7 Authority for Directors to offer and grant options to eligible participants under the SOS other than Parent Group Employees and Parent Group Non-Executive Directors and to issue shares in accordance with the provisions of the SOS Resolution 9 Renewal of IPT Mandate for Interested Person Transactions

1,913,300

Page 4 of 5

Details of Party(ies) Resolution number and details Number of shares held (in own name and/or name of nominee)

Mr Kwek Leng Beng

Resolution 7 Authority for Directors to offer and grant options to eligible participants under the SOS other than Parent Group Employees and Parent Group Non-Executive Directors and to issue shares in accordance with the provisions of the SOS Resolution 9 Renewal of IPT Mandate for Interested Person Transactions

660,000

Mr Philip Ting Sii Tien @ Yao Sik Tien

Resolution 7 Authority for Directors to offer and grant options to eligible participants under the SOS other than Parent Group Employees and Parent Group Non-Executive Directors and to issue shares in accordance with the provisions of the SOS Resolution 9 Renewal of IPT Mandate for Interested Person Transactions

280,000

Mr Ernest Colin Lee

Resolution 7 Authority for Directors to offer and grant options to eligible participants under the SOS other than Parent Group Employees and Parent Group Non-Executive Directors and to issue shares in accordance with the provisions of the SOS Resolution 9 Renewal of IPT Mandate for Interested Person Transactions

40,000

Employees of the Company (being eligible participants under the SOS), who voted in person or provided proxy for the voting of resolutions proposed at the 56th AGM

Resolution 7 Authority for Directors to offer and grant options to eligible participants under the SOS other than Parent Group Employees and Parent Group Non-Executive Directors and to issue shares in accordance with the provisions of the SOS

122,000 (aggregate number of shares)

1. Hong Leong Investment

Holdings Pte. Ltd. group of companies

2. Associate of a Director

Resolution 9 Renewal of IPT Mandate for Interested Person Transactions

239,932,000 (aggregate number of shares) 120,000

Page 5 of 5

Appointment of Scrutineer TS Tay Public Accounting Corporation was appointed the Scrutineer for the poll conducted at the 56th AGM, and is independent of Trusted Source Pte Ltd which was appointed to undertake the electronic polling process at the 56th AGM. Retirement of Non-Executive Chairman and Independent Non-Executive Director Mr Kwek Leng Beng, a Non-Executive Director, had retired at the 56th AGM. Consequent thereto, Mr Kwek also ceased to act as the Non-Executive Chairman and a member of the Nominating Committee. Mr Goh Kian Hwee, an Independent Non-Executive Director, had retired at the 56th AGM. Consequent thereto, Mr Goh also ceased to be a member of the Audit Committee, Nominating Committee, Remuneration Committee and Hong Leong Asia Share Option Scheme 2000 Committee.

The Board would like to take this opportunity to extend its heartfelt thanks and appreciation to Mr Kwek Leng Beng for his strong leadership and guidance over the years, and to Mr Goh Kian Hwee for his invaluable contribution and counsel to the Company. Re-election of Executive Director and Appointment of Executive Chairman As announced on 26 January 2017, we wish to inform that Mr Kwek Leng Peck, who was re-elected as a Director of the Company at the 56th AGM, has been appointed to succeed Mr Kwek Leng Beng as the Executive Chairman following the latter’s retirement at this AGM. BY ORDER OF THE BOARD Ng Siew Ping, Jaslin Yeo Swee Gim, Joanne Company Secretaries 28 April 2017 Singapore

HONG LEONG ASIAAGM Presentation

28th April 2017

Mr. Philip Ting

Chief Executive Officer

China Market

• FY2016, global economy

was challenging.

• China 2016 growth at

6.7% pa. Slowest

growth rate in the past

26 years.

• The overall excess

capacity in China

continued to have an

adverse impact.

Hong Leong AsiaMarket Overview

04/12/16

Housing markets in China are showing signs of cooling because of the effective

implementation by local governments to curb speculation.

Henan Xinfei FrestecMarket Overview

Xinfei own mobile platform

development completed in Oct 2016

Henan Xinfei FrestecE-Commerce Platforms

SUNING

TMALL

GOME

JD

Xinfei Third Party Platforms

China Yuchai InternationalChina Top Diesel Engine Makers

14 Major Diesel Engine Manufacturers

CNHTCFOTON

DCEC

YUNNEI

FAW Group

CHAOCHAIWEICHAI

DACHAI

SHANGCHAI

YANGCHAI

XICHAI

LUOTUO

YUCHAI

QUANCHAI

Building Materials UnitKey Business Highlights

2016: BCA Preliminary actual

2017: BCA Forecast is $28-35 billion. Mid-point is $31.5 billion shown above

Source: BCA, Singapore Construction Prospects 2017

14.89 19.22

13.25 15.77

22.00

20.91

19.54

13.78 10.29

9.50

35.8038.76

27.03 26.06

31.50

-

5.00

10.00

15.00

20.00

25.00

30.00

35.00

40.00

45.00

2013 2014 2015 2016 (P) 2017 (F)

SGD Billion

Year

Contracts Awarded - SingaporePublic Sector Private Sector Total

Value of Construction Activities

Tasek Corporation BerhadKey Business HighlightsPublic Transport

Kuala Lumpur Mass Rapid Transit (“MRT”)

Line 2, Light Rail Transit (“LRT”) 3, High

Speed Rail (“HSR”) linking KL to Singapore.

Commercial Buildings

Bukit Bintang

City Center

(“BBCC”)

Damansara

Town Center

(“DTC”)

Thank You谢谢

HONG LEONG ASIA LTD16 Raffles Quay #26-00 Hong Leong Building Singapore 048581

T: +65 6220 8411 F: +65 6222 0087

www.hlasia.com.sg