The board (the “Board”) of directors (the “Directors”) of Magnus Concordia Group Limited (the “Company”) announces the unaudited condensed consolidated results of the Company and its subsidiaries (collectively referred to as the “Group”) for the six months ended 30 September 2019 with the corresponding comparative figures as follows:

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.