CN ASIA CORPORATION BHD ("CN Asia" or "the Company") - Twenty-Second Annual General Meeting ("22nd AGM")

The Board of Directors of CN Asia wishes to announce that all the resolutions as set out in the Notice of 22nd AGM dated 30 April 2018 were tabled and voted by a poll in accordance with Paragraph 8.29A of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. The results of the pollwere validated by MsMelissa Liew, the representative from Scrutineer Solutions Sdn Bhd, the Independent Scrutineer appointed by the Company.

Based on the poll results, Resolutions 1, 2, 3, 4, 5, 6 and 8 were carried.

Resolution 7 on the retainment of Mr Chong Ying Choy to continue office as Independent Director of the Company for a cumulative term of more than twelve (12) years,where shareholders' approval was sought through a two-tier voting process pursuant to Practice 4.2, Principle A (II) of the Malaysian Code on Corporate Governance 2017, tier 1 voting was passedwhereas the tier 2 voting was defeated by a simple majority.

Hence, Mr Chong Ying Choy ceased to bean Independent Director of the Company and redesignated as a Non-Independent Director at the conclusion of the 22nd AGM held on 21 June 2018.

Please refer to the attachment for the poll results.

This announcement is dated 21 June 2018.