M88 Malaysia Group successfully landed in the Hong Kong capital market

Building an overseas financing M88 Malaysia Accelerate integration into the international market

The highest quality mainland projects M88 Malaysia be injected into the target sales in 2018 to exceed 50 billion

[August 27, 2013, M88 Malaysia Kong/Shanghai]Main business includes real estate、M88 Malaysia Holdings Group ("M88 Malaysia Group"), a Fortune 500 company in energy and finance, announced that it has subscribed to Shenggao Land (Holdings) Co., Ltd. ("Shenggao Land") through its wholly-owned subsidiary.，Hong Kong Stock Exchange Stock Code: 337) 60% of the transaction after enlarging the share capital was officially completed today，markM88 Malaysia Group successfully landed in the Hong Kong capital market。Sachs Land will change its name to "M88 Malaysia Hong Kong Holdings Limited" ("M88 Malaysia Hong Kong")。Yang Jian, Deputy Director of the Liaison Office of the CPC Central Committee、Wang Bingxin, Minister of the Economic Department of the Liaison Office of the Central Committee of the CPC、Ma Mingzhe, Chairman of Ping An Group、Ju Mengjun, Director of Xinhua News Agency Hong Kong Branch、Xie Guomin, Chairman of CP Group、Dong Zhongxin, Director and Vice President of COFCO、Liang Jinsong, Chairman of Blackstone Investment Greater China、Gong Fangxiong, Managing Director of JP Morgan China Investment Banking Department、Stuart Grant, General Manager of Global Commercial Business Department of HSBC Bank、Morgan Stanley Asia General Manager Zhang Xin、Gao Yuxian, Chairman of Freshfields China Region、Chairman of M88 Malaysia Group、President Zhang Yuliang and others attended the opening gong ceremony of M88 Malaysia Hong Kong Holdings and the establishment ceremony of M88 Malaysia Hong Kong Holdings respectively。

The subscription agreement was signed by both parties on May 8, 2013，And was unanimously approved by shareholders at the special general meeting of shareholders on August 5。With the final completion of the transaction，M88 Malaysia Hong Kong will also set sail with a brand new image。In addition to providing resource and management support，M88 Malaysia Group, the parent company of M88 Malaysia Hong Kong, will also actively explore injecting its best quality mainland China projects into listed companies in the near future。

M88 Malaysia Group, the parent company of M88 Malaysia Hong Kong, was founded in 1992，Develop through simultaneous industrial management and capital management，Having formed the current “prominent real estate main business”，Energy、Industrial layout of simultaneous development of finance and other related industries。In 2012, M88 Malaysia Group’s business operating income exceeded RMB 2,45 billion yuan，Total profits and taxes RMB 24 billion，Total assets exceed RMB 2,35 billion yuan，Ranked 359th among the 2013 Fortune Global 500，Business operating income in 2013 is expected to exceed 300 billion yuan。Real estate development and operation is the core leading industry of M88 Malaysia Group，Development scale、Product type、Quality brands are in the leading position in China，Especially in super high-rise buildings、Large urban complex、Leading the field in the development of high-speed rail station business districts and industrial parks，There are currently 17 super high-rise urban landmark buildings built or under construction，Four of them are among the top ten in the world。M88 Malaysia Group’s real estate development projects spread across Shanghai、Beijing、Guangzhou and other 80 cities in 26 provinces, municipalities and autonomous regions in China。M88 Malaysia Group keeps up with the trend of economic globalization，Steady、Promote overseas expansion at full speed，Currently successfully entered South Korea、Australia、Germany、Spain、United States、Thailand，Strive to become a global leader in the national real estate industry。

Successfully landed in the Hong Kong capital market，It is of great significance to M88 Malaysia Group。"Establishment of M88 Malaysia Hong Kong，marks that M88 Malaysia Group has an international public company platform、Overseas business development platform、Domestic and foreign resource integration platform and innovative financing platform，Developing international markets for M88 Malaysia、Enhance global competitiveness、Laid a solid foundation to build a world-class enterprise。We are very pleased to see the transaction completed so smoothly，This also reflects the consistent goals of both parties、Sincere cooperation、Quick integration。”Chairman of M88 Malaysia Group、President Mr. Zhang Yuliang said，Hong Kong’s unique capital environment、Mainland’s vast market space，A powerful synergy will be formed，Promote a new round of leapfrog development of M88 Malaysia Hong Kong。M88 Malaysia Group as the controlling shareholder，will create all conditions，Spare no effort to deliver capital to M88 Malaysia Hong Kong、Brand、Technology、Talent and other advantageous resources，Support M88 Malaysia Hong Kong to become bigger and stronger。

He also revealed，M88 Malaysia Hong Kong will provide M88 Malaysia Group’s high-quality projects with a financing carrier in the international capital market，Also planned to acquire independently、Grown business and capital scale through bond issuance and other means。M88 Malaysia Group will integrate the existing assets and personnel of listed companies as soon as possible，And evaluate and select high-quality project injection，Maximize the resource advantages of the parent company and the capital platform advantages of listed companies。“We hope that M88 Malaysia Hong Kong will give full play to its international platform for capital operations、International window for brand display、The role of bridge and link between domestic and foreign resources，Assist M88 Malaysia Group to enhance its global brand influence and resource acquisition capabilities and become one of the world's top 200 companies as soon as possible。”

Executive Director of M88 Malaysia Hong Kong、Mr. Chen Jun, Chairman and CEO said，“Taking advantage of the rich resources of the parent company M88 Malaysia Group、Strong scale、Mature brand、Advanced management and passionate corporate culture，M88 Malaysia Hong Kong will surely enter a new stage of leap-forward development。”To this，M88 Malaysia Hong Kong has formulated a development plan for the next five years，Clearly innovating business models、Optimize the management and control structure、Strategic goals and paths for strengthening talent teams，Focus on rapid expansion，Promote the maximization of financing capabilities of listing platforms。