Asian Growth Properties : RESULT OF SPECIAL GENERAL MEETING

ASIAN GROWTH PROPERTIES LIMITED

(Incorporated in the British Virgin Islands and continued in Bermuda with limited liability)

RNS Number: 5313Y

6 December 2017

Asian Growth Properties Limited

("AGP" or the "Company")

RESULT OF SPECIAL GENERAL MEETING

Reference is made to a Special General Meeting (the "SGM") convened by Asian Growth Properties Limited (the "Company" or "AGP") (AIM Stock Code: AGP), the PRC focused property development and investment company, on 6 December 2017 for the purpose of considering and passing ordinary and special resolutions regarding the disposal of the AGP Existing Assets by the Company to AGPCL, the AGP Special Distribution Payment to AGP Shareholders, the cancellation of the admission of AGP Shares to trading on AIM, the appointment of the Liquidators and voluntary winding-up of AGP and the amendment to the Bye-laws of the Company, as set out in the notice of SGM dated 13 November 2017.

The AGP Board is pleased to announce that all the resolutions considered and voted upon by the Company's shareholders at the SGM held on 6 December 2017 were duly passed.

For reference, a timetable of principal events is set out below.

Events	Expected Date
Date of Completion of SPA	Wednesday, 6 December 2017
Effective date of Capital Reduction	Thursday, 7 December 2017
AGP Shares marked ex-dividend	Thursday, 7 December 2017
Record date for AGP Special Distribution	Friday, 8 December 2017
Payment
AGP Special Distribution Payment Date	Monday, 18 December 2017
Last day of dealings in AGP Shares on AIM	Tuesday, 19 December 2017
Date and time of cancellation of admission of	7.00 a.m. on Wednesday, 20 December 2017
AGP Shares to trading on AIM becoming
effective
Commencement date of winding-up of the	Wednesday, 20 December 2017
Company

Notes: The above time refers to United Kingdom time.

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ASIAN GROWTH PROPERTIES LIMITED

(Incorporated in the British Virgin Islands and continued in Bermuda with limited liability)

Capitalised terms used in this announcement carry the same meaning as those ascribed to them in the circular dated 13 November 2017, unless the context requires otherwise.

This announcement contains inside information for the purposes of Article 7 of EU Regulations 596/2014.

For enquiries, please contact:

Lincoln Lu

- ENDS -

Chief Executive Officer and Executive Director Asian Growth Properties Limited

Angela Hallett / James Spinney Strand Hanson Limited

(Financial and Nominated Adviser & Broker)

Tel: [phone]

Tel: [phone]

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