RemeGen Co., Ltd. — Capital/Financing Update 2017

Dec 29, 2017

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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Overseas Chinese Town (Asia) Holdings Limited 華僑城（亞洲）控股有公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 03366)

COMPLETION OF VERY SUBSTANTIAL DISPOSAL

Reference is made to the circular of Overseas Chinese Town (Asia) Holdings Limited (the “ Company ”) dated 6 December 2017 (the “ Circular ”) in relation to the Disposal. Unless otherwise stated, capitalised terms used herein shall have the same meanings as defined in the Circular.

The Board is pleased to announce that all the conditions precedent of the Sale and Purchase Agreement have been satisfied and completion of the Disposal took place on 29 December 2017 pursuant to the terms of the Sale and Purchase Agreement.

Following the completion, the Company remains to hold 49% of the issued share capital of the Target Company and each member of the Target Group has ceased to be a subsidiary of the Company. Accordingly, the financial results of the Target Group will no longer be consolidated into the financial statements of the Group.

By order of the Board Overseas Chinese Town (Asia) Holdings Limited He Haibin Chairman

Hong Kong, 29 December 2017

As at the date of this announcement, the Board comprises seven Directors, namely: Mr. He Haibin, Ms. Xie Mei and Mr. Lin Kaihua as executive Directors; Mr. Zhang Jing as non-executive Director; Mr. Lu Gong, Ms. Wong Wai Ling, and Professor Lam Sing Kwong Simon as independent non-executive Directors.