Asia Resources : ANNOUNCEMENT

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(incorporated in Bermuda with limited liability)

(Stock Code: 899)

ANNOUNCEMENT

Asia Resources Holdings Limited (the "Company") announces that its head office in Hong Kong has been attended by officers of the Independent Commission Against Corruption ("ICAC") of Hong Kong on 16 April 2018 to execute a search warrant. So far as the Company is aware, no director or employee of any member of the Company and its subsidiaries (the "Group") was arrested on the same occasion or in relation to the same subject matter.

The Company was informed that the search was related to an alleged offence or alleged offences under sections 9(1), (2) and (3) of the Prevention of Bribery Ordinance (Cap. 201 of the Laws of Hong Kong) ("POBO").

The Company was required (during the execution of the search warrant) to produce documents relating to certain transactions of the Company during the period between 2008 and 2015.

The search does not have any material adverse impact on the daily operations of the Group which have continued in the ordinary course, and the board of directors of the Company (the "Board") are not aware of any matter arising out of the search that indicate or suggest that the Group or its operations will be materially impacted and therefore does not expect that the search will have any material adverse impact on the financial position of the Group.

Save as disclosed above, the Company is not aware of the specific details behind the execution of the search warrant. It will monitor developments closely and take legal advice as to the appropriate steps it should take going forward when more information comes to light.

By order of the Board

Asia Resources Holdings Limited

Huang Yilin

Executive Director

Hong Kong, 16 April 2018

As at the date of this announcement, the Board consists of five executive directors, Mr. Li Yuguo, Mr. Huang Yilin, Mr. Chan Shi Yin, Keith, Mr. Liu Yan Chee, James and Mr. Chan Yuk Sang; and three independent non-executive directors, Mr. Zhang Xianlin, Mr. Kwok Hong Yee, Jesse and Mr. Ng Ping Yiu.

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For identification purpose only