THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the course of action to take, you should consult your stockbroker, solicitor, accountant, bank manager or other professional adviser immediately. Bursa Malaysia Securities Berhad ( Bursa Securities ) has not perused the contents of this Circular pertaining to the Proposed Amendments (as defined herein) pursuant to the provisions of Practice Note 18 of the Main Market Listing Requirements of Bursa Securities. Bursa Securities takes no responsibility for the contents of this Circular, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this Circular. HO HUP CONSTRUCTION COMPANY BERHAD (Company No. 14034-W) (Incorporated in Malaysia under the Companies Act, 1965) CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 85,137,570 NEW ORDINARY SHARES OF RM0.50 EACH IN HO HUP CONSTRUCTION COMPANY BERHAD ( HO HUP ) ( RIGHTS SHARE(S) ) ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM0.50 EACH HELD IN HO HUP ( HO HUP SHARE(S) ), TOGETHER WITH UP TO 85,137,570 FREE DETACHABLE NEW WARRANTS ( WARRANT(S) B ), ON THE BASIS OF ONE (1) WARRANT B FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED, ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ( ENTITLEMENT DATE ); (II) PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 85,137,570 NEW REDEEMABLE PREFERENCE SHARES OF RM0.01 EACH IN HO HUP ( RPS ) ON THE BASIS OF ONE (1) RPS FOR EVERY FIVE (5) EXISTING HO HUP SHARES HELD, TOGETHER WITH UP TO 85,137,570 FREE DETACHABLE NEW WARRANTS ( WARRANTS C ), ON THE BASIS OF ONE (1) WARRANT C FOR EVERY ONE (1) RPS SUBSCRIBED, ON THE ENTITLEMENT DATE; AND (III) PROPOSED AMENDMENTS TO THE MEMORANDUM AND ARTICLES OF ASSOCIATION OF HO HUP AND NOTICE OF EXTRAORDINARY GENERAL MEETING Adviser RHB Investment Bank Berhad (Company No. 19663-P) (A Participating Organisation of Bursa Malaysia Securities Berhad) The Notice of the Extraordinary General Meeting ( EGM ) of Ho Hup, to be held at Bukit Jalil Golf and Country Resort, 1 st Floor, Langkawi Room, Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur, on Monday, 23 May 2016 at 11.00 a.m. or immediately after the conclusion or the adjournment of the Company s Forty-Second Annual General Meeting, which will be held at the same venue and on the same day at 10.00 a.m., whichever is later, together with the Form of Proxy are enclosed herein. A member entitled to attend, speak and vote at the EGM is entitled to appoint a proxy or proxies to attend, speak and vote on his/her behalf. In such event, the Form of Proxy should be lodged at the registered office of the Company at Level 7, Menara Milenium, Jalan Damanlela, Pusat Bandar Damansara, 50490 Kuala Lumpur not less than forty-eight (48) hours before the time stipulated for holding the EGM as indicated below or any adjournment thereof. The lodging of the Form of Proxy shall not preclude you from attending, speaking and voting in person at the EGM should you subsequently wish to do so. Last date and time for lodging the Form of Proxy...: Saturday, 21 May 2016 at 11.00 a.m. Date and time of the EGM...: Monday, 23 May 2016 at 11.00 a.m. This Circular is dated 29 April 2016