Yorkshine : OVERSEAS REGULATORY ANNOUNCEMENT

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YORKSHINE HOLDINGS LIMITED 煜新控股有限公司*

(Incorporated in Singapore with limited liability)

(Company Registration No. 198902648H)

Hong Kong Stock Code: 1048 Singapore Stock Code: MR8

OVERSEAS REGULATORY ANNOUNCEMENT

This overseas regulatory announcement is a reproduction of the announcement made by YORKSHINE HOLDINGS LIMITED (the "Company") for compliance with Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Please refer to the attached announcement on the next page issued on the Singapore Exchange Securities Trading Limited on 5 January 2018.

By order of the Board

YORKSHINE HOLDINGS LIMITED

Zhu Jun

Executive Chairman and Executive Director

Hong Kong, 5 January 2018

As at the date of this announcement, the Board comprises three executive Directors, being Mr. Zhu Jun, Mr. Chow Kin Wa and Ms. Wang Jianqiao; one non-executive Director, being Dr. Ouyang Qian; and three independent non-executive Directors, being Mr. Tang Chi Loong, Mr. Foo Teck Leong and Mr. William Robert Majcher.

*

For identification purpose only

YORKSHINE HOLDINGS LIMITED

Registration No. 198902648H Incorporated in the Republic of Singapore

RESULTS OF APPLICATION TO THE ACCOUNTING AND CORPORATE REGULATORY AUTHORITY FOR AN

EXTENSION OF TIME TO HOLD THE ANNUAL GENERAL MEETING FOR THE FINANCIAL YEAR ENDED 30

APRIL 2017

APPLICATION TO THE SINGAPORE EXCHANGE SECURITIES TRADING LIMITED (THE "SGX-ST") FOR FURTHER EXTENSIONS OF TIME TO MEET THE REQUIREMENTS UNDER RULE 705(1), 707(1) AND 705(2) OF THE LISTING MANUAL TO (I) ANNOUNCE THE COMPANY'S UNAUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 APRIL 2017 ("FY2017 RESULTS"); (II) HOLD THE ANNUAL GENERAL MEETING FOR THE FINANCIAL YEAR ENDED 30 APRIL 2017 ("AGM") WITHIN FOUR MONTHS FROM THE END OF FY2017; (III) ANNOUNCE THE FINANCIAL STATEMENTS FOR THE 1ST QUARTER ENDED 31 JULY 2017 ("1Q2018 RESULTS"); (IV) ANNOUNCE THE FINANCIAL STATEMENTS FOR THE 2ND QUARTER ENDED 31 OCTOBER 2017 ("2Q2018 RESULTS"); AND (V) EXTENSION OF TIME TO ANNOUNCE THE FINANCIAL STATEMENTS FOR THE 3RD QUARTER ENDING 31 JANUARY 2018 ("3Q2018 RESULTS")

Unless otherwise specified, all capitalised terms shall have the same meaning ascribed to them in the announcement dated 12 December 2017.

The board of directors ("Board") of Yorkshine Holdings Limited (the "Company", and together with its subsidiaries, the "Group") refers to the announcement dated 12 December 2017 in relation to the application for the Revised Extension and Extension (the "Announcement") and wishes to inform that the Company had submitted the application to ACRA for extension of time to convene its annual general meeting ('AGM") in respect of the financial year ended 30 April 2017 under Section 175(2) and Section 201(4) of the Companies Act, Chapter 50 (the "Act") from the deadline of 31 August 2016 to 16 March 2018.

The Board wishes to inform that ACRA has, in its letter dated 4 January 2018, granted the Company an extension of time under Section 175(2) and Section 201(4) of the Act to hold the Company's AGM by 16 March 2018 and to lay the financial statements which are made up to 30 April 2017 at the said AGM.

The Board also wishes to announce that, further to the Announcement, the SGX-ST had on 4 January 2018, informed that based on the information provided to the SGX-ST, it has no objection to grant the Company extension of time to:-

• (i) announce its FY2017 Results by 22 January 2018; and

• (ii) convene its AGM for FY2017 by 16 March 2018.

(the "Waiver"), subject to:

• (a) the Company announcing the Waiver granted, the reasons for seeking the Waiver, the conditions as required under Mainboard Listing Rule 107 and if the Waiver conditions have been satisfied. If the Waiver conditions have not been met on the date of the announcement, the Company must make an update announcement when the conditions have all been met;

• (b) submission of a written confirmation from the Company that it is not aware of any information that will have a material bearing on investors' decision which has yet to be announced by the Company; and

• (c) the Company convening the Annual General Meeting by 16 March 2018.

The SGX-ST also informed that the Company's requests for an extension of time or a further extension of time to announce 1Q2018, 2Q2018 and 3Q2018 results, with regards to compliance with Rule 705(2) of the Listing Manual of SGX-ST, have been rejected.

In light of the above, the Company will announce 1Q2018 and 2Q2018 Results by 28 February 2018 and 3Q2018

Results by 17 March 2018.

The Company will make further announcements on the date of the AGM in due course.

BY ORDER OF THE BOARD

Zhu Jun

Executive Chairman and Executive Director 5 January 2018