GuocoLand (Malaysia) Berhad (“GLM”) writes to inform that Bedford Land Sdn Bhd, a wholly-owned subsidiary of Hong Leong Real Estate Holdings Sdn Bhd which in turn is a wholly-owned subsidiary of the Company, had placed its wholly-owned subsidiary, HL Bandar Sdn Bhd (“HLBSB”), under member’s voluntary winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965.

Mr Ling Kam Hoong and Ms Wong Swee Tyng of Messrs Ling Kam Hoong & Co, No. 6-1, Jalan 3/64A, Udarama Complex, Off Jalan Ipoh, 50350 Kuala Lumpur had been appointed as Joint Liquidators of HLBSB.

HLBSB has ceased operations and there are no future plans to activate this company.

The voluntary winding-up of HLBSB will not have any material impact on the net assets and earnings per share of GLM Group for the financial year ending 30 June 2016.

This announcement is dated 29 March 2016.