LT Commercial Real Estate : Announcements and Notices - Proposed Change of Company Name

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PROPOSED CHANGE OF COMPANY NAME

The Board proposes to the Shareholders to change the English name of the Company from "LT Commercial Real Estate Limited" to "Lerthai Group Limited" and the Chinese name of the Company from "勒泰商業地產有限公司" to"勒泰集團有限公司", in order to better reflect the Company's strategy and future development of the business of the Group.

A special resolution will be proposed at the EGM for the Shareholders to consider and if thought fit, approve the change of name of the Company. A circular to Shareholders containing, among other things, details of the proposed change of name of the Company and the notice convening the EGM will be despatched to the Shareholders as soon as practicable.

PROPOSED CHANGE OF COMPANY NAME

The board of directors (the "Board") of LT Commercial Real Estate Limited (the "Company", together with its subsidiaries, the "Group") announces that, it is proposed that the English name of the Company be changed from "LT Commercial Real Estate Limited" to "Lerthai Group Limited" and the Chinese name of the Company from "勒泰商業地產有限公司" to"勒泰集團 有限公司" (hereinafter referred to as the "Change of Company Name").

Reasons for the Change of Company Name

The Board believes that the new name of the Company will better reflect the Company's strategy and future development of the business of the Group. The Board considers that the Change of Company Name is in the best interests of the Company and its shareholders (the "Shareholders") as a whole.

Conditions for the Change of Company Name

The Change of Company Name is subject to the passing of a special resolution by the Shareholders at the extraordinary general meeting of the Company to be held on 30 January 2019 ("EGM") and the approval by the Companies Registry in Hong Kong. The Change of Company Name shall take effect from the date on which the new name is registered with the Companies Registry in Hong Kong. The Company will carry out the necessary filing procedures with the Companies Registry in Hong Kong.

Effects of the Change of Company Name

The Change of Company Name will not affect any of the rights of the Shareholders. All existing securities certificates of the Company in issue bearing the existing name of the Company will, after the Change of Company Name, continue to be evidence of title to the shares in the Company ("Shares") and will continue to be valid for trading, settlement and registration purposes. Accordingly, there will not be any arrangement for free exchange of existing securities certificates for new securities certificates under the new name. Should the Change of Company Name become effective, any issue of securities certificates thereafter will be in the new name of the Company.

In addition, subject to the confirmation by the Stock Exchange, the English and Chinese stock short names of the Company for trading in the securities on the Stock Exchange will also be changed after the Change of Company Name becoming effective. Further announcement(s) relating to the effective date of the Change of Company Name and the corresponding change in, among others, the stock short names of the Company will be made by the Company as and when appropriate.

General

A circular to the Shareholders containing, among other things, details of the Change of Company Name and the notice convening the EGM will be despatched to the Shareholders as soon as practicable.

By order of the Board

LT Commercial Real Estate Limited

Yang Longfei

Chairman and Chief Executive Officer

Hong Kong, 7 January 2019

As at the date of this announcement, the executive Directors are Mr. Yang Longfei and Ms. Zhang Yan and the non-executive Director is Mr. Yang Shao Ming and the independent non-executive Directors are Mr. Wan Kah Ming, Mr. Wong Hon Kit and Mr. Wong Tat Keung.

Website of the Company:http://www.lth.com.hk