General Announcement::PROPOSED DIVESTMENT OF SUBSIDIARY, GOLD MART SDN BHD - FURTHER EXTENSION OF THE COMPLETION DATE

HATTEN LAND LIMITED

(Incorporated in the Republic of Singapore)

(Company Registration No. 199301388D)

PROPOSED DIVESTMENT OF SUBSIDIARY, GOLD MART SDN BHD

• FURTHER EXTENSION OF THE COMPLETION DATE

The board of directors (the "Board") of Hatten Land Limited (the "Company", and together with its subsidiaries, the "Group") refers to the circular dated 29 October 2020 in respect of the Proposed Transaction ("Circular") and the announcement dated 16 July 2021 on the extension of the Completion Date to 16 August 2021 ("Announcement").

Unless otherwise expressly defined herein, all capitalised terms shall bear the same meanings ascribed to them in the Circular and Announcement.

The Board wishes to announce that the parties to the Agreement have on 16 August 2021 agreed in writing to further extend the Completion Date of the Agreement to 31 August 2021, to allow for additional time for the issuing bank to complete the administrative process relating to the payment for the Consideration. Save for the foregoing, all other terms and conditions of the Agreement remain in full force and effect.

Further announcements will be made in relation to the Proposed Transaction as and when there are material developments on the same.

The Board wishes to advise shareholders and potential investors of the Company to exercise caution when dealing in the securities of the Company as there is no assurance that the Consideration will be received by 31 August 2021 or that the Proposed Transaction will be completed. If in doubt, shareholders and potential investors of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisers.

By Order of the Board

HATTEN LAND LIMITED

Dato' Tan June Teng, Colin

Executive Chairman and Managing Director

16 August 2021

This announcement has been prepared by Hatten Land Limited (the "Company") and its contents have been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor") for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX- ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President at 8 Anthony Road, #01- 01, Singapore 229957, telephone [phone].

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