This announcement is made pursuant to Rule 13.18 of the Listing Rules with respect to a revolving loan facility agreement for certain banking facilities with an aggregate amount up to HK$150 million entered into by certain subsidiaries of the Company with the Lender. The Facility Agreement imposes a specific performance obligation on certain controlling shareholders of the Company.

The Board is pleased to announce that (1) all the proposed resolutions as set out in the Notice were duly passed by the Shareholders by way of poll at the AGM held on 22 August 2019; and (2) EY has been appointed as auditor of the Company with effect from the conclusion of the AGM.