Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcement dated 22 December 2014.

Reference is made to the announcements dated 22 December 2014 and 6 January 2015 in relation to the Proposed Disposal.

The Board of Directors of HHH (“Board”) wish to announce that HHC had on 22 January 2015 fulfilled the Conditions Precedent set out in the SPA (“Unconditional Date”). Pursuant to the SPA, the Balance Purchase Price shall be paid by the Purchaser or the Financier to the Vendor’s Solicitors as stakeholders within ninety (90) days commencing from the Unconditional Date, i.e. on or before 23 April 2015 (“Completion Date”). In addition, in the event that the Purchaser fails to pay the Balance Purchase Price on or before the Completion Date, the Vendor shall automatically grant an extension of time of thirty (30) days to the Purchaser to complete the sale of the Property.

The Proposed Disposal is now pending for the Vendors’ Financier to provide the original issue document of title, the duplicate charge, a registrable discharge of charge and all other relevant documents necessary for the purpose of effecting the registration of the transfer and charge documents.

In view to the above, the Proposed Disposal is expected to be completed by 22 May 2015.

Further announcement on the development of the above matter will be made to Bursa Malaysia Securities Berhad in due course.

This announcement is dated 9 April 2015.