We refer to the announcements dated 28 November 2014, 5 December 2014 and 27 January 2015.

On behalf of the Board of Directors of Hiap Huat, Hong Leong Investment Bank Berhad (“HLIB”) is pleased to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 10 March 2015, approved the listing of and quotation of up to 33,330,000 new ordinary shares of RM0.10 each in Hiap Huat (excluding treasury shares) to be issued pursuant to the Proposed Private Placement subject to the following conditions:

(i) Hiap Huat and HLIB must fully comply with the relevant provisions under the Bursa Securities ACE Market Listing Requirements (“ACE LR”) pertaining to the implementation of the Proposed Private Placement;

(ii) Hiap Huat and HLIB to inform Bursa Securities upon completion of the Proposed Private Placement;

(iii) Hiap Huat to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

This announcement is dated 10 March 2015.