編 號 Ref. No.: 日 期 Date:

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1 編 號 Ref. No.: 日 期 Date: CD/DNS/CCASS/146/ June 2015 香 港 中 央 結 算 有 限 公 司 ( 香 港 交 易 及 結 算 所 有 限 公 司 全 資 附 屬 公 司 ) Hong Kong Securities Clearing Company Limited (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) 通 告 CIRCULAR 事 項 Landing International Development Limited (Sck Code: 582) Subject: - Proposal of Share Consolidation 查 詢 Hotline Enquiry: Pursuant the share consolidation proposal of Landing International Development Limited ( Landing Intl ), every 10 Existing Shares of HK$0.01 each ( Existing Share ) will be consolidated in 1 Consolidated Share of HK$0.10 ( Consolidated Share ). Dealings in the Consolidated Shares are expected commence on 16 June For the convenience of CCASS participants, HKSCC will carry out the conversions of actual holdings, transactions (including Settlement Instruction Transaction ("SI Transaction"), Invesr Settlement Instruction Transaction ("ISI Transaction") and Compulsory Sck Borrowing Transaction ("CSB Transaction")) and/or unsettled sck positions (including Continuous Net Settlement Position ("CNS Position") and Isolated Trade Position ("IT Position")) of participants in CCASS facilitate settlement of both Consolidated and Existing Shares in Landing Intl. A sck conversion schedule is attached herewith as per Appendix I. The aforesaid conversion process would be carried out in the Deposiry and Common Nominees System ("DNS") aumatically on the scheduled dates. However, for sck positions that remain unsettled between 2 July 2015 and 30 July 2015, the CCASS Participants concerned who need effect the relevant conversion of their holdings for the purpose of settling their short positions should submit the Parallel Trading Conversion Instruction through CCASS Terminals during the above-mentioned period. CCASS Participants who wish deposit shares or withdraw shares from the CCASS Deposiry are requested note the following: - (A) Deposit Arrangement 1. From 18 June 2015 until 30 July 2015, Existing Share certificates representing shares of HK$0.01 each (colour be advised) will be accepted for deposit under sck code: 2905 (Temp). Effective from 31 July 2015, Existing Share certificates representing shares of HK$0.01 each will only be accepted for deposit for cusdy purpose under sck code: 582 (New). Effective from 30 June 2015, the CCASS Deposiry will accept deposit of Consolidated Share certificates representing shares of HK$0.10 each (colour be advised) under sck code: 582 (New). 香 港 中 環 港 景 街 一 號 國 際 金 融 中 心 一 期 1 2 樓 12/F, One International Finance Centre, 1 Harbour View Street, Central, Hong Kong 電 話 Tel: 傳 真 Fax: 網 址 Website: 電 郵 info@hkex.com.hk

2 2. For deposits of both Existing and Consolidated Share certificates of Landing Intl under the same sck code, CCASS Participants are requested use separate Transfer Deeds and Sck Deposit Forms cover the Existing and Consolidated Share certificates respectively. 3. An example on how complete the Sck Deposit Form in respect of deposits of Existing Shares is given as per Appendix III. (B) Withdrawal Arrangement 1. With effect from 18 June 2015 until 2 July 2015, the CCASS Deposiry will only accept withdrawal of shares under the temporary sck code: If participants' holdings are recorded under sck code: 582, they should apply in writing the CCASS Deposiry convert their holdings the temporary sck code: 2905 for the purpose of withdrawal. Upon acceptance of the withdrawal order, the CCASS Deposiry will effect delivery of either Existing Share certificates representing shares of HK$0.01 each or Consolidated Share certificates representing shares of HK$0.10 each subject availability of the two types of share certificates. 2. With effect from 3 July 2015, the CCASS Deposiry will only accept withdrawal of Consolidated Shares under the new sck code: 582. If participants' holdings are recorded under temporary sck code: 2905, they should submit the Parallel Trading Conversion Instruction through CCASS Terminals convert their holdings the new sck code: 582 for the purpose of withdrawal. Detailed schedule for accepting deposits and withdrawals under sck code: 582 or the temporary sck code: 2905 is given as per Appendix II. Grace Tong Vice President Deposiry and Nominee Services

3 APPENDIX I LANDING INTERNATIONAL DEVELOPMENT LIMITED Corporate Events Schedule of Sck Conversion Temporary Counter for Trading Sck Code 2905 (Temp) Start of Parallel Trading Sck Code 582 (New) Sck Code 2905 (Temp) End of Parallel Trading 16/06/15 30/06/15 21/07/15 17/06/15 29/06/15 02/07/15 23/07/15 30/07/15 Conversion Cycle 1 st CA 2 nd CA 3 rd CA 4 th CA 5 th CA Sck Conversion 582 (Old) (Old) (New) (New) (New) Holding Position No (CNS and IT) No No No Transaction Conversion Ratio Note: 582 (Old) - Existing Shares of HK$0.01 each trading in board lots of 5,000 shares 2905 (Temp) - Temporary counter for trading in board lots of 500 Consolidated Shares 582 (New) - Consolidated Shares of HK$0.10 each trading in board lots of 5,000 shares CA - Corporate Action CNS - CNS Position IT - IT Position SI - SI Transaction ISI - ISI Transaction CSB - CSB Transaction

4 APPENDIX II LANDING INTERNATIONAL DEVELOPMENT LIMITED Schedule for accepting deposit and withdrawal under sck codes 582 or 2905 during the conversion cycle Acceptance period for 16/06/15 17/06/15 18/06/15 29/06/15 30/06/15 02/07/15 03/07/15 23/07/15 24/07/15 30/07/15 From 31/07/15 Onwards Deposit under sck code 582 No (Consolidated (Consolidated (Consolidated (Existing Share Share Share certificate certificate certificate Share quantity) representing shares of HK$0.10 each) representing shares of HK$0.10 each) representing shares of HK$0.10 each) Deposit under sck code 2905 No No Withdrawal under sck code 582 No No Withdrawal under sck code 2905 No No No No

5 APPENDIX III Example on how complete a Sck Deposit Form in respect of deposits of Existing Shares of HK$0.01 each of Landing International Development Limited on and after the effective date of share consolidation: A CCASS Participant presents the following Existing Shares of HK$0.01 each of Landing International Development Limited the CCASS Deposiry for deposit on or after 18 June Existing Share Existing Consolidated quantity printed on Share quantity Share quantity Certificate Number each certificate (HK$0.01 each) (HK$0.10 each) ,000 10,000 1, ,000 50,000 5, # Difference 1* TOTAL: 60,058 6,005 # Each Existing Share certificate of 29 shares of HK$0.01 each represents 2 Consolidated Shares of HK$0.10 each, which adds up 4 Consolidated Shares of HK$0.10 each. * The add up tal of the Existing Share quantity of 60,058 shares of HK$0.01 each divided by 10 amounts 6,005 Consolidated Shares of HK$0.10 each. The sum of individual certificate ranges added up 6,004 Consolidated Shares (1, , ). The CCASS Participant is requested insert the difference of 1 share on the "No. of Shares" column make up the tal Consolidated Share quantity from 6,004 6,005 for processing by the CCASS Deposiry.

6 樣 本 S A M P L E B99999 #582/2905 ABC & CO Landing International Development Limited * DIFFERENCE ,000 5, ,005 #Note: Existing Share certificate representing shares of HK$0.01 each will only be accepted for deposit for cusdy purpose under sck code: 582(New) with effect from 31 July 2015.