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Asiasec Properties Limited Proxy Solicitation & Information Statement 2015

May 29, 2015

49086_rns_2015-05-29_887624e9-102a-4450-8da9-d97ff68534e8.pdf

Proxy Solicitation & Information Statement

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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.

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LIPPO LIMITED

力寶有限公司

LIPPO CHINA RESOURCES LIMITED 力寶華潤有限公司

(Incorporated in Hong Kong with limited liability) (Incorporated in Hong Kong with limited liability) (Stock code: 226) (Stock code: 156)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to Rule 13.10(B) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The attached document has been released by Asia Now Resources Corp. (“Asia Now”) on SEDAR at www.sedar.com. Asia Now, in which Lippo China Resources Limited (“LCR”) (a subsidiary of Lippo Limited (“Lippo”)) is interested in approximately 52.2 per cent. of its issued share capital, is a company listed on TSX Venture Exchange of Canada.

Hong Kong, 29th May, 2015

As at the date of this announcement, the board composition of each of Lippo and LCR is as follows:

Lippo LCR Executive Directors: Executive Directors: Dr. Stephen Riady (Chairman) Mr. Stephen Riady (Chairman) Mr. John Luen Wai Lee (Managing Mr. John Luen Wai Lee Director and Chief Executive Officer) (Chief Executive Officer) Mr. James Siu Lung Lee

Non-executive Directors: Non-executive Director: Mr. Jark Pui Lee Mr. Leon Nim Leung Chan Mr. Leon Nim Leung Chan

Independent Non-executive Directors: Independent Non-executive Directors: Mr. Edwin Neo Mr. Edwin Neo Mr. King Fai Tsui Mr. King Fai Tsui Mr. Victor Ha Kuk Yung Mr. Victor Ha Kuk Yung

NOTICE OF SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that a special meeting (the “ Meeting ”) of shareholders (“ Shareholders ”) of Asia Now Resources Corp. (the “ Corporation ”) will be held at 1 First Canadian Place, 100 King Street West, Suite 1600, Toronto, Ontario M5X 1G5 on Thursday, the 18[th] day of June, 2015 at 10:00 a.m. (Toronto time) for the following purposes:

  1. to consider, pursuant to an interim order of the Ontario Superior Court of Justice (Commercial List) (the “ Court ”) dated May 21, 2015 as the same may be amended (the “ Interim Order ”), and if thought appropriate, to pass a special resolution (the “ Arrangement Resolution ”) to approve an arrangement (the “ Arrangement ”) under Section 182 of the Business Corporations Act (Ontario) (the “ OBCA ”), the full text of which is set forth in Schedule B to the accompanying Information Circular as more particularly described and set forth in the plan of arrangement (as may be varied, amended or supplemented, the “ Plan of Arrangement ”), a copy of which is attached as Schedule G to the Information Circular; and

  2. to transact such further or other business as may properly come before the Meeting or at any adjournment or postponement thereof.

The specific details of the matters proposed to be put before the Meeting are set forth in the Information Circular. The Information Circular, a letter of transmittal, a form of proxy (or a voting instruction form) and a return envelope, accompany this Notice of Meeting.

Pursuant to the Interim Order and the Plan of Arrangement, registered Shareholders have been granted the right to dissent in respect of the Arrangement and be paid the fair value of their common shares (“ Shares ”), subject to certain conditions (the “ Dissent Right ”). This Dissent Right, and the procedures for its exercise, are described in the Information Circular under the heading “Dissenting Registered Shareholders’ Rights”, in the Interim Order, the Plan of Arrangement and in Schedule F to the Information Circular. Only registered Shareholders are entitled to exercise Dissent Rights. Failure to strictly comply with the dissent procedures described in the Information Circular will result in the loss or unavailability of any Dissent Right.

Beneficial owners should contact their broker, investment dealer, bank or other nominee in order to exercise their Dissent Rights.

The board of directors of the Corporation has determined that Shareholders registered on the books of the Corporation at the close of business on May 14, 2015 are entitled to notice of the Meeting and to vote at the Meeting.

Shareholders of the Corporation who are unable to attend the Meeting in person are requested to date and sign the enclosed form of proxy and return it as set out below. In order to be valid and acted upon at the Meeting, forms of proxy must be returned to the Corporation’s registrar and transfer agent, Equity Financial Trust Company, either: (i) by mail in the enclosed envelope or to Equity Financial Trust Company, Attention : Proxy Department, 200 University Avenue, Suite 300, Toronto, Ontario, M5H 4H1, (ii) by fax to 416-595-9593 or (iii) in person delivered to Equity Financial Trust Company, Attention Proxy Department, 200 University Avenue, Suite 300, Toronto, Ontario, M5H 4H1 at any time up to and including 5:00 p.m. (Toronto time) on the second last Business Day preceding the date of the Meeting or any adjournment or postponement thereof. If you received a machine readable voting instruction form, please follow the voting instructions specified in the voting instruction form.

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DATED at Toronto, Ontario this 21[st] day of May, 2015.

ASIA NOW RESOURCES CORP.

“James Macintosh”

Chairman of the Special Committee of the Board of Directors