POLLUX PROPERTIES LTD AEI CORPORATION LTD.

(the "Company")
(Company Registration No. 198300506G) (Incorporated in the Republic of Singapore)

RECEIPT OF LISTING AND QUOTATION NOTICE - PROPOSED PLACEMENT OF 20,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF AEI CORPORATION LTD.

Unless otherwise defined, capitalised terms herein shall have the same meaning as ascribed to them in

the Company's announcement dated 22 December 2014 in relation to the proposed placement of

20,000,000 new ordinary shares in the capital of the Company (the "Announcement").

The Board of Directors ("Directors") of AEI Corporation Ltd. (the "Company") refers to the Announcement and is pleased to announce that the Company has on 6 January 2015 received the listing and quotation notice (the "LQN") from the Singapore Exchange Securities Trading Limited ("SGX-ST") for the listing and quotation of 20,000,000 Placement Shares on the SGX-ST, subject to:
(a) compliance with the SGX-ST's listing rules; and
(b) submission of the following documents to the SGX-ST:-
(i) a written undertaking from the Company that it will comply with Rule 704(30) and Rule
1207(20) of the Listing Manual in relation to the use of the proceeds from the Proposed Placement and where proceeds are to be used for working capital purposes, the Company will disclose a breakdown with specific details on the use of the proceeds for working capital in the Company's announcements on use of proceeds and in the annual report;
(ii) a written undertaking from the Company that it will comply with Rule 803 of the Listing
Manual; and
(iii) a written confirmation from the Company that it will not issue the Placement Shares to persons prohibited under Rule 812(1) of the Listing Manual.
It should be noted that the LQN is not an indication of the merits of the Proposed Placement, the
Placement Shares, the Company, its subsidiaries and their securities.
Separately, as a clarification to the use of the Net Proceeds in the Announcement, the Company intends to develop the land parcel situated at Tuas South Street 13 (Plot 38) ("Land") for the purpose of relocating the Group's manufacturing plant from its existing premises to the Land to support its core- business operations and streamline its production cost to meet the challenges of the competitive landscape of the electronic and metal industries ("Proposed Development").
The Group's aggregate consideration or cost of investments ("Consideration") for the Proposed Development is estimated to be S$15 million, comprising: (i) the cost of the Land of S$5,038,888.00 and (ii) the estimated costs of the building works of S$10 million.
The Group intends to utilize the entire net proceeds from the Proposed Placement to finance the
Consideration of the Proposed Development.
BY ORDER OF THE BOARD
Ngiam Zee Moey
Company Secretary
6 January 2015

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