POLL RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 28 AUGUST 2020 AT 11:00 A.M.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

SOUTHEAST ASIA PROPERTIES & FINANCE LIMITED

華 信 地 產 財 務 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 252)

POLL RESULTS OF THE ANNUAL GENERAL MEETING

HELD ON 28 AUGUST 2020 AT 11:00 A.M.

POLL RESULTS

Reference is made to the notice (the "AGM Notice") of annual general meeting ("AGM") of Southeast Asia Properties & Finance Limited (the "Company") and circular of the Company (the "Circular") both dated 24 July 2020. Capitalised terms used in this announcement shall have the same meanings as defined in the Circular unless otherwise stated.

As at the date of the AGM, the total number of Shares in issue was 225,420,034 Shares being the total number of Shares entitling the holders to attend and vote for, against or abstain from all the resolutions proposed at the AGM. There was no restriction on any Shareholder casting votes on any of the proposed resolutions at the AGM. No Shareholder was entitled to attend and vote only against the resolutions at the AGM.

- 1 -

The Company appointed General Secretarial Services Limited, the Company's share registrar as scrutineer for the vote-taking at the AGM. The poll results for all the resolutions were as follows:

	Resolution	Number of votes cast
	For	Against	Abstain*
1.	To receive and approve the audited financial	93,706,308	0	0
	statements and the reports of the directors and	(100%)	(0%)
	auditors for the year ended 31 March 2020.
2.	To declare a final dividend for the year ended	93,706,308	0	0
	31 March 2020.	(100%)	(0%)
3.	(a) To re-elect Mr. Nelson Junior Chua as	93,706,308	0	0
	director.	(100%)	(0%)
	(b) To re-elect Mr. Chan Man Hon, Eric as	93,706,308	0	0
	director.	(100%)	(0%)
	(c) To re-elect Mr. Jimmy Siy Tiong as	93,706,308	0	0
	director.	(100%)	(0%)
	(d) To re-elect Mr. Chan Siu Ting as director.	93,706,308	0	0
		(100%)	(0%)
	(e) To authorise the board of directors to fix	93,706,308	0	0
	the directors' remuneration.	(100%)	(0%)
4.	To re-appoint Grant Thornton Hong Kong	93,706,308	0	0
	Limited as auditor of the Company and to	(100%)	(0%)
	authorise the board of directors to fix its
	remuneration.
5.	To grant a general and unconditional mandate	93,706,308	0	0
	to the directors of the Company to allot, issue	(100%)	(0%)
	or otherwise deal with the additional shares
	in the capital of the Company not exceeding
	20% of the total number of issued shares of
	the Company as at the date of the passing of
	this resolution.

- 2 -

	Resolution	Number of votes cast
	For	Against	Abstain*
6.	To grant a general and unconditional mandate	93,706,308	0	0
	to the directors of the Company to repurchase	(100%)	(0%)
	shares in the capital of the Company not
	exceeding 10% of the total number of issued
	shares of the Company as at the date of the
	passing of this resolution.
7.	Conditional upon resolutions 5 and 6 above	93,706,308	0	0
	being passed, the general and unconditional	(100%)	(0%)
	mandate granted to the directors to allot, issue
	or otherwise deal with the additional shares
	in the capital of the Company pursuant to
	resolution 5 be extended by the total number
	of shares of the Company repurchased by the
	Company under the authority granted pursuant
	to resolution 6.

• Any abstain vote or waiver to vote shall not be counted as votes for the purpose of calculating the result of that resolution.

As more than 50% of the votes were cast in favour of each of the above resolutions, all the resolutions were duly passed as ordinary resolutions at the AGM.

On behalf of the Board

Southeast Asia Properties & Finance Limited

Chua Nai Tuen

Chairman and Managing Director

Hong Kong, 28 August 2020

As at the date of this announcement, the Board comprises: (1) Mr. Chua Nai Tuen and Mr. Nelson Junior Chua as executive directors; (2) Mr. Chan Man Hon, Eric, Mr. Jimmy Siy Tiong, Mr. Tsai Han Yung and Ms. Vivian Chua as non-executive directors; and (3) Mr. Chan Siu Ting, Mr. James L. Kwok, Mr. Wong Shek Keung and Mr. Tsui Ka Wah as independent non-executive directors.

- 3 -