Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in XHH’s announcements dated 26 September 2018, 27 September 2018 and 28 September 2018.

Reference is made to the announcements dated 26 September 2018, 27 September 2018 and 28 September 2018 in relation to the Proposed Private Placement.

On behalf of the Board of Directors of XHH, PIVB is pleased to announce that Bursa Securities had, vide its letter dated 2 October 2018, approved the listing and quotation of up to 21,599,999 Placement Shares to be issued pursuant to the Proposed Private Placement, subject to the following conditions:

(i)       XHH and PIVB must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;

(ii)       XHH and PIVB to inform Bursa Securities upon the completion of the Proposed Private Placement; and

(iii)       XHH to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval once the Proposed Private Placement is completed.

This announcement is dated 2 October 2018.