G-Resources Group Limited — Capital/Financing Update 2016

Dec 13, 2016

PALADIN LIMITED

(Incorporated in Bermuda with limited liability)

(Stock code: 495 and 642 (Preference Shares))

NOTICE TO HOLDERS OF PREFERENCE SHARES

13 December 2016

To the holders of the Preference Shares (the “ Preference Shares ”) in the share capital of Paladin Limited (the “ Company ”)

Notice of Redemption

Dear Sirs

NOTICE IS HEREBY GIVEN that the Preference Shares of the Company will become redeemable at the option of their holders from and including Saturday, 31 December, 2016..

The Company has appointed its share registrar, Computershare Hong Kong Investor Services Limited (“ Computershare ”), as its agent in connection with the redemption.

Accordingly, the Preference Shares will be redeemable at the option of their holders from and including Saturday, 31 December 2016 at Computershare’s office at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong during office hours between 9:00 a.m. to 4:30 p.m. (Monday to Friday, exclude public holidays). The holders of Preference Shares are required, pursuant to the Bye-laws, to deliver the original share certificates in respect of the whole of their holding of the Preference Shares (to be redeemed) for cancellation at the appointed time and thereupon, the Company shall pay to such holders the redemption amount.

Each Preference Share will be redeemed at HK$0.25 per Preference Share (the “ Redemption Amount ”) on request by their holders. Payment of the Redemption Amount will be made by direct payment to the bank account of the holder of the Preference Shares (if so provided by the holder) or by way of cheque for the Redemption Amount sent by post to the holder of Preference Shares.

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Holders of Preference Shares should follow the procedures set out below for delivery of their original share certificates. If a holder of Preference Shares does not deliver his original share certificates, the Redemption Amount shall not be paid. In accordance with the Bye-laws, no moneys payable by the Company in respect of the Preference Shares shall bear interest against the Company.

Procedures

1. If the Preference Share certificate, transfer receipt or any other document of title in respect of your Preference Shares (the “ Title Document ”) is in your name, you must present such Title Document with the attached Form A to the office of Computershare at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wanchai, Hong Kong during office hours between 9:00 a.m. to 4:30 p.m. (Monday to Friday, exclude public holidays).

2. If the Preference Share certificate(s) is/are in the name of HKSCC Nominees Limited, you must arrange for the Preference Shares to be registered in your name through Computershare before you lodge the redemption request.

3. If you have lodged a transfer of any of your Preference Shares for registration in your name and have not yet received your revised Preference Share certificate, you should write to Computershare before the Redemption Date to authorise and instruct Computershare to issue and hold such Preference Share certificate, as if it was delivered to Computershare on the Redemption Date.

4. If the Title Document is not readily available or is lost, you should complete the attached Form A and Form B indemnity and return the same to Computershare.

For further information, please contact Computershare’s telephone hotline +852 2862 8555 between 9.00 a.m. to 6:00 p.m. on a business day (Monday to Friday).

With reference to the Company’s announcement dated 12 December, 2016, payment is expected to be made on Tuesday, 10 January, 2017 if the redemption request and original share certificates and/or other evidence of title of the Preference Shares are received on Tuesday, 3 January, 2017 (The business day immediate following Saturday, 31 December, 2016).

By order of the board of

Paladin Limited

Oung Shih Hua, James

Chairman and Executive Director

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