Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

Issuer & Securities

Announcement Title: Notice of Valuation of Real Assets
Date &Time of Broadcast: 29-Jun-2023 18:24:54
Status: New
Announcement Sub Title: Notice of Valuation of Real Assets
Announcement Reference: SG230629OTHRC5JA
Submitted By (Co./ Ind. Name): Wong Sum
Designation: Executive Chairman
Description (Please provide a detailed description of the event in the box below): Please refer to the valuation details below for the values of investment properties in Huzhou City, Zhejiang Province and the land parcel in Shanwei City, Guangdong Province as at 31 March 2023.

Valuation of Reports available for inspection at address during office hours: Share Transfer Agent's office at B.A.C.S. Private Limited, 77 Robinson Road, #06-03, Robinson 77, Singapore 068896
Reports available till date: 29/09/2023

Date of Valuation	Name of the Valuer	Description of Property	Valuation Currency	Valuation Amount
31/03/2023	Jones Lang LaSalle Corporate Appraisal and Advisory Limited	28 bicycle parking slots of Xinya Jiayuan	Yuan Renminbi	180,000
31/03/2023	Jones Lang LaSalle Corporate Appraisal and Advisory Limited	Various retail units on Level 2 of Nanxun Commercial Complex	Yuan Renminbi	4,430,000
31/03/2023	Jones Lang LaSalle Corporate Appraisal and Advisory Limited	Various retail units on Level 1 and 3 of Hongjin Commercial Plaza	Yuan Renminbi	12,730,000
31/03/2023	Jones Lang LaSalle Corporate Appraisal and Advisory Limited	Various retail units on Level 1 to 2 of Pan Hong Runyuan	Yuan Renminbi	41,240,000
31/03/2023	Jones Lang LaSalle Corporate Appraisal and Advisory Limited	A parcel of land located at the eastern side of Zhanqian Road and the southern side of Honghaiwan Boulevard, Shanwei City, Guangdong Province, the PRC	Yuan Renminbi	740,200,000