Common use of Financial Effects of the Proposed Acquisition Clause in Contracts

Financial Effects of the Proposed Acquisition. The financial effects of the Proposed Acquisition on the Group set out below are strictly for illustrative purposes only and do not purport to be indicative or a projection of the results and financial position of the Company and the Group after the Acquisition Completion. These illustrative financial effects have been prepared based on the audited financial statements of the Company for FY2023, based on the following bases and assumptions: (a) the share capital of the Company as at the date of this announcement comprising 744,758,836 Shares for the purposes of illustrating the financial effects on the Group’s issued and paid-up share capital; (b) that the Proposed Acquisition and the Proposed Share Issuances had been completed on 1 January 2023 for the purposes of illustrating the financial effects on the Group’s EPS; (c) that the Proposed Acquisition and the Proposed Share Issuances had been completed on 31 December 2023 for the purposes of illustrating the financial effects on the Group’s NTA per Share; (d) the Purchase Consideration is funded by way of an allotment and issuance of 452,000,000 Consideration Shares at the Consideration Share Price of S$0.0090 per Consideration Share paid in connection with the Proposed Acquisition; (e) the Proposed Acquisition will be completed prior to the Proposed Subscription and the Proposed Share Issuances; (f) the allotment and issuance of 11,000,000 Icon Shares at the prevailing marketing price to Icon Law (g) the computation does not take into account any expenses that may be incurred in relation to the Proposed Acquisition. Add: Number of Consideration Shares 452,000,000 4,068 Add: Number of Subscription Shares 407,000,000 1,628 Add: Number of Sign-On Shares 76,000,000 - Add: Number of Icon Shares 11,000,000 99 Enlarged issued and paid-up share capital after the Proposed Share Issuances 1,690,758,836 62,010 744,758,836 56,215 (2,488) (2,488) (2,488) 593,128 1,005,672 1,498,318 (0.42) (0.25) (0.17)

Financial Effects of the Proposed Acquisition. The Pursuant to the Supplemental Agreement, the revised financial effects of the Proposed Acquisition on the Group are set out below are strictly for illustrative purposes only and do not purport to be indicative or a projection of the results and financial position of the Company and the Group after the Acquisition CompletionProposed Acquisition. These illustrative The table below sets out the financial effects have been prepared based on the audited financial statements of the Company for FY2023, Proposed Acquisition (after the amendments made pursuant to the Supplemental Agreement) based on the following bases and assumptions: (a) the share capital latest audited consolidated financial statements of the Company as at the date of this announcement comprising 744,758,836 Shares Group for the purposes of illustrating the financial effects on the Group’s issued and paid-up share capitalFY2014; (b) the financial effect on the consolidated net tangible assets (“NTA”) per Share is computed based on the assumption that the Proposed Acquisition and the Proposed Share Issuances had been was completed on 1 January 2023 for the purposes of illustrating the financial effects on 31 December 2014, taking into account the Group’s EPSshare of Orion’s net tangible assets as at 31 December 2014; (c) the financial effect on the consolidated loss per Share (“LPS”) is computed based on the assumption that the Proposed Acquisition and the Proposed Share Issuances had been was completed on 31 December 2023 for the purposes 1 January 2014, taking into account of illustrating the financial effects on the Group’s NTA per Share;51% share of Orion’s earnings for the Financial Period; and (d) the Purchase Consideration is funded by way of an allotment and issuance of 452,000,000 Consideration Shares at the Consideration Share Price of S$0.0090 per Consideration Share paid expenses incurred in connection with the Proposed Acquisition; (e) Acquisition of approximately RMB302,000, had been taken into account in the computation of the financial effects. Before the Proposed Acquisition will be completed prior to After the Proposed Subscription and the Proposed Share Issuances; (f) the allotment and issuance of 11,000,000 Icon Shares at the prevailing marketing price to Icon Law (g) the computation does not take into account any expenses that may be incurred in relation to the Proposed Acquisition. Add: Number of Consideration Shares 452,000,000 4,068 Add: Number of Subscription Shares 407,000,000 1,628 Add: Number of Sign-On Shares 76,000,000 - Add: Number of Icon Shares 11,000,000 99 Enlarged issued and paidAcquisition Paid-up share capital after (RMB'000) 86,925 104,113 Number of Shares 354,604,000 392,604,000 NTA (RMB'000) 88,222 88,356 NTA per Share (RMB cents) 24.88 22.51 LPS (RMB cents) 0.16(1) 0.10 Note:- (1) The figures are calculated using the Proposed Share Issuances 1,690,758,836 62,010 744,758,836 56,215 (2,488) (2,488) (2,488) 593,128 1,005,672 1,498,318 (0.42) (0.25) (0.17)volume weighted average number of shares of 266,375,342 Shares for FY2014.

Financial Effects of the Proposed Acquisition. The proforma financial effects of the Company after the Proposed Acquisition on the Group set out in this announcement below are strictly for illustrative purposes only and do not purport to be indicative or a projection of reflect the results and actual future financial position of the Company and XMH Group following the Group after Completion of the Acquisition CompletionProposed Acquisition. These illustrative The proforma financial effects have been prepared based on the audited financial statements of the Company for FY2023, Proposed Acquisition are based on the following bases and assumptions: (a) in the share capital calculation of the Company as at NTA and NTA per share, for illustrative purposes, it is assumed that the date of this announcement comprising 744,758,836 Shares for the purposes of illustrating the financial effects Proposed Acquisition had been effected on the Group’s issued and paid-up share capital30 April 2014; (b) that in the Proposed Acquisition calculation of NTA per share and net assets value (“NAV”) per share, the Proposed Share Issuances had been completed on 1 January 2023 for the purposes number of illustrating the financial effects shares is based on the Group’s EPStotal number of issued shares as at 30 April 2014; (c) in the calculation of earnings per share (“EPS”), for illustrative purposes, it is assumed that the Proposed Acquisition and the Proposed Share Issuances had been completed effected on 31 December 2023 for the purposes of illustrating the financial effects on the Group’s NTA per Share1 May 2013; (d) in the Purchase Consideration calculation of EPS, the number of shares is funded by way based on the weighted average number of an allotment and issuance of 452,000,000 Consideration Shares at ordinary shares for the Consideration Share Price of S$0.0090 per Consideration Share paid in connection with the Proposed Acquisitionfinancial year ended 30 April 2014; (e) the Proposed Acquisition will be completed prior to the Proposed Subscription and the Proposed Share Issuances;Purchase Consideration of S$12.8 million is fully paid on Completion; and (f) the allotment and issuance of 11,000,000 Icon Shares at the prevailing marketing price to Icon Law (g) the computation does not take into account any expenses that may be transactional costs incurred in relation to for the Proposed AcquisitionAcquisition are assumed to be insignificant and ignored for computational purposes. Add: Number of Consideration Shares 452,000,000 4,068 Add: Number of Subscription Shares 407,000,000 1,628 Add: Number of Sign-On Shares 76,000,000 - Add: Number of Icon Shares 11,000,000 99 Enlarged issued and paid-up Before proposed Acquisition After Proposed Acquisition (1) NTA (S$’000) 48,140 41,851 NTA per share capital after the Proposed Share Issuances 1,690,758,836 62,010 744,758,836 56,215 (2,488S$ cents) 11.16 9.70 Net Assets Value (“NAV”) (2,488S$’000) 58,381 58,381 NAV per share (2,488cents) 593,128 1,005,672 1,498,318 13.53 13.53 Net profit before tax, MI and extraordinary items (0.42S$’000) 6,125 7,820 Profit per share based on number of shares in issue (0.25cents) 1.42 1.81 Share capital (0.17)$’000) 35,424 35,424 Share capital (No. of shares) 431,343,661 431,343,661

Financial Effects of the Proposed Acquisition. 6.1 Net Tangible Assets (“NTA”) The financial effects of the Proposed Acquisition on the Group set out below Group’s NTA and NTA per share for FY2013, assuming that the Proposed Acquisition had been effected on 30 June 2013 are strictly for illustrative purposes only and do not purport to be indicative or a projection estimated as follows: Before the Proposed Acquisition After the Proposed Acquisition NTA (S$’000) 74,348 74,348 (1) No. of the results and financial position of the Company and the Group after the Acquisition Completion. These illustrative financial effects have been prepared based on the audited financial statements of the Company for FY2023, based on the following bases and assumptions:shares (‘000) 393,781 393,781 NTA per share (S$ cents) 0.189 0.189 (1) (a1) the share capital of the Company as at the date of this announcement comprising 744,758,836 Shares for the purposes of illustrating the financial effects Based on the Group’s issued NTA value as at 30 June 2013 of approximately S$74,378,000, adding the assets value of CHH’s as at 24 April 2014 of approximately S$16,131,000 (which is equivalent to RM41,779,378 based on the exchange of S$1 to RM2.59), and paid-up less the Purchase consideration of the same amount. 6.2 Earnings per share capital; (b“EPS”) that The financial effects of the Proposed Acquisition and on the Group’s EPS for FY2013, assuming the Proposed Share Issuances Acquisition had been completed on 1 January 2023 July 2012 are as follows: Before the Proposed Acquisition After the Proposed Acquisition Net profit after tax (S$ ’000) 6,299 6,610 (1) Weighted average number of shares (’000) 393,781 393,781 EPS (S$ cents) 0.016 0.017 (1) On a proforma basis, the Group will incur interest expenses and depreciation on the Assets acquired. As the Assets acquired are intended for the purposes of illustrating the financial effects Group’s own use, there will not be any material impact on the Group’s net profit after tax other than certain costs savings derived from owning the Assets acquired. For the purpose of calculating EPS;, the Group has assumed a bank loan interest rate of 5% per annum. 6.3 Gearing (c1) Assuming that the Group finances the Purchase Consideration with bank borrowings and internal funds, the effect of the Proposed Acquisition and on the Group’s gearing, assuming the Proposed Share Issuances Acquisition had been completed on 31 December 2023 for the purposes of illustrating the financial effects on the Group’s NTA per Share; (d) the Purchase Consideration 30 June 2013, is funded by way of an allotment and issuance of 452,000,000 Consideration Shares at the Consideration Share Price of S$0.0090 per Consideration Share paid in connection with the Proposed Acquisition; (e) as follows: Before the Proposed Acquisition will be completed prior to After the Proposed Subscription and the Acquisition Proposed Share Issuances; Borrowings (f) the allotment and issuance of 11,000,000 Icon Shares at the prevailing marketing price to Icon Law (g) the computation does not take into account any expenses that may be incurred in relation to the Proposed Acquisition. Add: Number of Consideration Shares 452,000,000 4,068 Add: Number of Subscription Shares 407,000,000 1,628 Add: Number of Sign-On Shares 76,000,000 - Add: Number of Icon Shares 11,000,000 99 Enlarged issued and paid-up share capital after the Proposed Share Issuances 1,690,758,836 62,010 744,758,836 56,215 (2,488S$ ’000) (2,4882) 50,234 63,139 Shareholders’ Funds (S$ ’000) (2,4883) 593,128 1,005,672 1,498,318 83,752 83,752 Gearing (0.421) (0.25) (0.17)0.600 0.754