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Letter to Shareholders Letter to Shareholders Released : 23/09/2020 07:00 RNS Number : 7485Z Symphony International Holdings Ltd 23 September 2020 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. Symphony International Holdings Limited ("Symphony") 23 September 2020 Letter to Shareholders Dear Shareholders, Symphony International Holdings Limited (LSE: SIHL) is pleased to announce the launch of our resort project in Desaru, Malaysia. Opened on 6 September 2020, and operational under the One&Only brand, the resort is called the One&Only Desaru Coast ("O&O"). Desaru is located on the east coast of Malaysia, very close to its border with Singapore. This makes the property very accessible and now provides travellers from Singapore with the first truly luxury resort destination within less than two hours driving distance. International travellers can fly into Singapore Changi, Kuala Lumpur International, or Johor Bahru's Senai International airport. The resort has two championship golf courses, a beach club, a dedicated children's club, and also houses the first Chenot Spa in Asia. Chenot is a leader in health wellness, offering an array of programmes in preventative and rejuvenative care. We are pleased to report that in spite of ongoing travel restrictions due to the Covid-19 pandemic, the opening of the resort has been well received within the local travel market. We have been informed by the management of the O&O that they expect to close the first month of operations with around 77% occupancy. We feel this is an encouraging sign, given business is currently limited to domestic Malaysian tourism. The resort also has several villas for sale at the property - and we have been encouraged by the level of interest in these from potential buyers. The O&O Desaru Coast is a joint-venture between Symphony and an affiliate of Themed Attractions Resorts & Hotels Sdn Bhd, a subsidiary of Khazanah Nasional Berhad, the investment arm of the Government of Malaysia. Please visit www.symphonyasia.com/publications for additional information. Please visit www.oneandonlyresorts.com/desaru-coast to learn more about this latest addition to luxury holidays in Asia. Yours sincerely Anil Thadani Director For further information: Symphony Asia Holdings Pte. Ltd. +65 6536 6177 Anil Thadani Rajgopal Rajkumar Dealing codes The ISIN number of the Ordinary Shares is VGG548121059, the SEDOL code is B231M63 and the TIDM is SIHL. The LEI number of the Company is 254900MQE84GV5DS6F03. About Symphony Symphony International Holdings Limited (LSE:SIHL) is a London listed strategic investment company that invests in consumer related businesses, primarily in the healthcare, hospitality, lifestyle (including branded real estate developments), logistics and education sectors predominantly in Asia. It offers a way for investors to gain exposure to rising disposable incomes and wealth in fast growing economies. Symphony's objective is to provide superior capital growth by investing in high quality companies and form long-term business partnerships with talented entrepreneurs and management teams. Symphony's investment team has a broad range of expertise - many of its professionals have been working in Asia for more than 35 years. For more information please visit our website at www.symphonyasia.com. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END MSCEAFNAAFAEEFA.
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