General Announcement::RESULTS OF CHANGE OF CONTROL OFFER IN RELATION TO THE US$150,000,000 8.75% SENIOR NOTES DUE 2022

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 28-Mar-2022 18:09:46
Status: New
Announcement Sub Title: RESULTS OF CHANGE OF CONTROL OFFER IN RELATION TO THE US$150,000,000 8.75% SENIOR NOTES DUE 2022
Announcement Reference: SG220328OTHRHE1D
Submitted By (Co./ Ind. Name): China Logistics Property Holdings Co., Ltd
Designation: Chairman
Effective Date and Time of the event: 28/03/2022 18:00:00
Description (Please provide a detailed description of the event in the box below): RESULTS OF THE CHANGE OF CONTROL OFFER

As of 5:00 pm (London time) on 25 March 2022 (being the Expiration Deadline), the Company had received tenders in respect of US$150,000,000 in aggregate principal amount of 2022 Exchange Notes, representing 100% of the aggregate principal amount of 2022 Exchange Notes that are presently outstanding. Pursuant to the terms and conditions described in the Change of Control Tender Offer Memorandum, the Company will accept the 2022 Exchange Notes for purchase for total consideration of US$156,276,041.67.

The expected Offer to Purchase Payment Date is 29 March 2022. The Company will cancel all repurchased 2022 Exchange Notes and, as a result, will have no 2022 Exchange Notes outstanding after the Offer to Purchase Payment Date.

The complete terms and conditions of the Change of Control Offer were set forth in the Change of Control Tender Offer Memorandum.

Total size =497K