Lippo Limited (00226) intends to distribute shares of Lippo China Resources Limited (00156) as a conditional special dividend in the form of physical assets.

Intelligence Financial APP News, Libao Huarun (00156) announced that the board of directors of Libao (00226) has decided that Libao will distribute its wholly-owned subsidiaries and directly-controlled companies currently held by Skyscraper Realty Limited to Libao shareholders who are listed in the Libao shareholder register on the planned record date, by way of a conditional special distribution. Once all distribution conditions are met, Libao shareholders will be able to receive their allocation under the distribution in the form of shares (Libao shareholders will receive 615 shares for every 1000 shares of Libao shares held, adjusted downward to the nearest whole number) or in cash. The share scheme under the distribution will be settled by transferring the share scheme shares currently held by Skyscraper to Libao shareholders who choose to receive the share scheme. As of the date of this announcement, no distribution conditions have been met.