Perennial Real Estate Holdings Limited - Annual Report 2017

PERENNIAL REAL ESTATE HOLDINGS LIMITED (Incorporated in the Republic of Singapore) Company Registration Number: 200210338M NOTICE IS HEREBY GIVEN THAT the Fifteenth Annual General Meeting of Perennial Real Estate Holdings Limited (the “ Company ”) will be held at Marina Mandarin, Leo and Capricorn Ballrooms, 6 Raffles Boulevard, Marina Square Level 1, Singapore 039594 on Tuesday, 24 April 2018 at 2.30 p.m. for the following purposes: ORDINARY BUSINESS 1. To receive and adopt the Directors’ Statement and Audited Financial Statements for the financial year ended 31 December 2017 and the Auditors’ Report thereon. Resolution 1 2. To approve the declaration and payment of a proposed final tax-exempt (one-tier) dividend of 1.0 Singapore cent (FY2016: 0.4 Singapore cent) per ordinary share in respect of the financial year ended 31 December 2017. Resolution 2 3. To re-elect the following Directors who are retiring pursuant to Articles 91 and 92 of the Constitution of the Company and who, being eligible, offer themselves for re-election as Directors: (a) Mr Lee Suan Hiang Resolution 3a (b) Mr Ron Sim Resolution 3b 4. To re-appoint KPMG LLP as the Company’s Auditors and to authorise the Directors to fix their remuneration. Resolution 4 5. To approve the payment of Directors’ Fees of S$420,000 (FY2016: S$420,000) for the financial year ended 31 December 2017. Resolution 5 SPECIAL BUSINESS To consider and, if thought fit, to pass the following as Ordinary Resolutions, with or without modifications: 6. General authority to allot and issue shares in the capital of the Company That pursuant to Section 161 of the Companies Act, Chapter 50 of Singapore (the “ Companies Act ”), the Company’s Constitution and the Listing Rules of Singapore Exchange Securities Trading Limited (the “ SGX-ST ”), authority be and is hereby given to the Directors of the Company to: (a) (i) allot and further issue shares in the capital of the Company (“ Shares ”) whether by way of rights, bonus or otherwise; and/or (ii) make or grant offers, agreements or options (collectively, “ Instruments ”) that might or would require Shares to be issued, including but not limited to the creation and issue of (as well as adjustments to) warrants, debenture or other instruments convertible into Shares, at any time and upon such terms and conditions and for such purposes and to such persons as the Directors may in their absolute discretion deem fit; and Resolution 6 (b) (notwithstanding the authority conferred by this Resolution may have ceased to be in force) issue Shares in pursuance of any Instruments made or granted by the Directors while this Resolution was in force, Annual Report 2017 228 PERENNIAL REAL ESTATE HOLDINGS LIMITED NOTICE OF ANNUAL GENERAL MEETING