General Announcement::REDEMPTION OF THE 2023 NOTES AND ISSUE OF THE 2023 NEW NOTES

Issuer & Securities

Issuer/ Manager: MODERN LAND (CHINA) CO., LIMITED
Securities: MODLDUS$90M7% 9%N231230A - XS2502821684 - OOVB
MODLDUS$90M7% 9%N231230R - XS2500896860 - FNGB
MODLDUS$90M7% 9%N231230D - XS2502824431 - WMTB
Stapled Security: No

Announcement Title: General Announcement
Date &Time of Broadcast: 04-Jan-2024 19:37:27
Status: New
Announcement Sub Title: REDEMPTION OF THE 2023 NOTES AND ISSUE OF THE 2023 NEW NOTES
Announcement Reference: SG240104OTHR8EJX
Submitted By (Co./ Ind. Name): Modern Land (China) Co., Limited / Zhang Peng
Designation: Chairman, President and Executive Director
Description (Please provide a detailed description of the event in the box below): Reference is made to the announcements of Modern Land (China) Co., Limited (the "Company") dated November 29, 2023, December 18, 2023 and December 27, 2023 (the "Announcements"). Capitalized terms used herein and not defined shall have the same meanings ascribed to them in the Announcements.

On December 29, 2023, all outstanding 2023 Notes were redeemed by the Company pursuant to the notice of redemption dated December 22, 2023. The Redemption Price was paid in kind with the 2023 New Notes in an aggregate principal amount of US$85,666,614, which were issued pursuant to an indenture dated December 29, 2023 entered into by and among the Company, the Subsidiary Guarantors and Citicorp International Limited, as trustee for the 2023 New Notes.

Total size =222K