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3SBio Inc. Capital/Financing Update 2015

Jul 27, 2015

49981_rns_2015-07-27_f9f0bf12-b002-4089-923a-e2a71f57055f.pdf

Capital/Financing Update

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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.

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LIPPO LIMITED 力 寶 有 限 公 司

(Incorporated in Hong Kong with limited liability) (Stock Code: 226)

HONGKONG CHINESE LIMITED 香 港 華 人 有 限 公 司 *

(Incorporated in Bermuda with limited liability) (Stock Code: 655)

JOINT ANNOUNCEMENT

COMPLETION OF DISPOSAL OF INTERESTS IN THE MACAU CHINESE BANK LIMITED

Reference is made to the joint announcement of Lippo Limited (“ Lippo ”) and Hongkong Chinese Limited (“ HKC ”) dated 26th June, 2015 in relation to the Disposal which constituted a discloseable transaction for each of Lippo and HKC under the Listing Rules (the “ Joint Announcement ”). Unless otherwise stated, capitalised terms used herein shall have the same meanings given to them in the Joint Announcement.

The respective Boards of Lippo and HKC are pleased to announce that the Completion has taken place today. Pursuant to the Sale and Purchase Agreements, at Completion, the relevant parties would enter into the Shareholders’ Agreement and the Loan Agreement. Accordingly, the Shareholders’ Agreement has been entered into today. On the other hand, the Loan Agreement and other arrangement relating to the Loan Agreement have been amended and entered into today as mentioned below.

Loan Agreement

As stated in the Joint Announcement, it was initially intended that pursuant to the proposed Loan Agreement, a sum of MOP99 million (equivalent to approximately HK$96 million) and a sum of MOP180 million (equivalent to approximately HK$175 million) would be lent to Winwise by Purchaser A and Purchaser B respectively. Due to certain restrictions on Purchaser B to provide the above loan, it was agreed that the Loan Agreement was entered pursuant to which a sum of MOP144 million (equivalent to approximately HK$140 million) and a sum of MOP135 million (equivalent to approximately HK$131 million) were lent to Winwise by Purchaser A and Mr. Wong Garrick Jorge Kar Ho (the “ New Lender ”) respectively.

Under the Loan Agreement, Winwise may at its sole discretion (1) repay the loan in cash; or (2) set off the loan amount by way of transferring 416,000 MCB Shares to Purchaser A and 390,000 MCB Shares to the New Lender (the “ Share Settlement ”). Other terms of the Loan Agreement remain the same. No agreement in respect of the Share Settlement has been entered into as at the date of this announcement and there is no assurance that an agreement will be entered into or that the Share Settlement will take place; and there is no anticipated date for signing such agreement. Any transfer of shares pursuant to the Share Settlement will be subject to approval from AMCM and compliance by each of Lippo and HKC with the relevant Listing Rules.

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Dividend Payment

In consideration of Purchaser A and the New Lender granting the loan to Winwise under the Loan Agreement, Winwise agreed with Purchaser A and the New Lender that, from the Completion Date until (i) the completion of the Share Settlement; or (ii) repayment of the loan under the Loan Agreement, whichever is earlier, any dividend distribution by MCB to and received by Winwise (net of tax, if any) in respect of 806,000 MCB Shares (i.e., currently 31% interest in MCB) shall be onwards paid to Purchaser A (as to 416,000 MCB Shares) and the New Lender (as to 390,000 MCB Shares).

Indemnities by Purchaser A and the New Lender

Each of Purchaser A and the New Lender has entered into a letter of indemnity in favour of MCB on the Completion Date pursuant to which each of them jointly undertakes to indemnify MCB, within a period commencing from the Completion Date until (i) the completion of the Share Settlement; or (ii) repayment of the loan under the Loan Agreement, whichever is earlier, for an aggregate of 31% of the losses recorded in each financial year during such period.

Information on the New Lender

The New Lender is a renowned businessman in Macau. His businesses involve property development, food distribution as well as trade in Africa.

Save as disclosed in this announcement, all the other information relating to the Loan Agreement, the arrangement on dividend payment and indemnities as stated in the Joint Announcement remained unchanged.

By Order of the Board By Order of the Board LIPPO LIMITED HONGKONG CHINESE LIMITED John Luen Wai Lee John Luen Wai Lee Managing Director and Chief Executive Officer Chief Executive Officer

Hong Kong, 27th July, 2015

As at the date of this announcement, the board composition of each of Lippo and HKC is as follows:

Lippo HKC Executive Directors: Executive Directors: Dr. Stephen Riady (Chairman) Dr. Stephen Riady (Chairman) Mr. John Luen Wai Lee Mr. John Luen Wai Lee (Managing Director and (Chief Executive Officer) Chief Executive Officer) Mr. Kee Yee Kor Non-executive Directors: Non-executive Director: Mr. Jark Pui Lee Mr. Leon Nim Leung Chan

Non-executive Directors: Mr. Jark Pui Lee Mr. Leon Nim Leung Chan

Independent Non-executive Directors: Mr. Edwin Neo Mr. Victor Ha Kuk Yung Mr. King Fai Tsui

Independent Non-executive Directors: Mr. Albert Saychuan Cheok Mr. Victor Ha Kuk Yung Mr. King Fai Tsui

*For identification purpose only

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