The Board of Directors of New Hoong Fatt Holdings Berhad ("NHF") is pleased to announce that the shareholders of NHF haveat the Eighteenth Annual General Meeting ("AGM") held today approved by way of show of hands all the followingresolutions as prescribed in the Notice convening the AGM dated 11May 2015:-

Ordinary Business

1. Payment of a final single tier dividendof seven (7) sen per ordinary share of RM1.00 each in respect of the financial year ended 31 December 2014 ("FYE 2014") under Resolution 1.
2. Re-election of the following Directors pursuant to Article 78 of the Company's Articles of Association:
   • Mr Chin JitSin (under Resolution 2); and
   • Mr Wong Yoke Nyen (under Resolution 3).
3. Payment of Directors' Fees of RM174,000-00 for FYE 2014 under Resolution 4.
4. Re-appointment of Messrs BDO as Auditors of the Company and the Directors being authorised to fix their remuneration under Resolution 5.

Special Business

1. Retention of Mr Danny Ng Siew L'Leong as Independent Director under Resolution 6; and
2. Retention of Datuk Dr Anis bin Ahmad as Independent Director under Resolution 7.

The Audited Financial Statements for FYE 2014 together with the Reports of the Directors and Auditorsthereon have been duly tabled at the AGM and received by the shareholders under Agenda 1. There was no other business being transacted at the AGM.

This announcement is dated 3 June 2015.