(5 September 2017, Hong Kong) – Dr. Yang Zhihui, Chairman and Executive Director of Landing International Development Limited (the “Company”, HKEx Code: 00582) and the Company’s senior management met with President Rodrigo Duterte, President of the Philippines, and his cabinet team at Malacaňang Palace, Manila, Philippines on 4 September 2017, to present the Company’s proposal to build a world-class international branded theme park integrated resort in the Philippines. President Duterte welcomes the Company’s proposed investment into the Philippines and express his keen interest and overwhelming support to the Company’s proposal.

Dr. Yang stated: “Following our first meeting with the President in May 2017 in Hong Kong to discuss investment opportunities in the Philippines, we are honored to share with President Duterte and his cabinet team our vision for tourism in the country and our proposal to build an iconic international branded theme park integrated resort in the Philippines that all Filipinos will be proud of. This resort will comprise Asia’s first movie-themed indoor theme park, waterpark as well as many other leisure and entertainment facilities suited for all ages and families. When opened, the branded theme park integrated resort will enhance Philippines’ tourism appeal, complement the existing tourists’ attractions and resorts as well as create significant employment opportunities for the locals as well as returning Filipinos who are currently working overseas.”

Landing International is engaged in the development and operation of integrated leisure and entertainment resorts in the region and is currently developing and operating the first and largest iconic premium integrated leisure and entertainment destination resort, Jeju Shinhwa World, in Jeju, Korea.

Photo: Dr. Yang Zhihui, Chairman and Executive Director of the Company, with President Rodrigo Duterte