Canopy SkyFire Group Limited — Audit Report / Information 2017

Mar 10, 2017

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.

==> picture [154 x 41] intentionally omitted <==

On Real International Holdings Limited 安悅國際控股有限公司

(incorporated in the Cayman Islands with limited liability) Stock Code: 8245

CHANGE OF AUDITOR

This announcement is made by the board of directors (the ‘‘Board’’) of On Real International Holdings Limited 安悅國際控股有限公司 (the ‘‘Company’’) pursuant to Rule 17.50(4) of the Rules Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong Limited.

The Board announces that PricewaterhouseCoopers (‘‘PwC’’) has resigned as auditor of the Company with effect from 10 March 2017 as the Company and PwC could not reach a mutual agreement in respect to the auditors’ remuneration for the financial year ending 31 March 2017.

The Company is incorporated under the laws of Cayman Island and to the knowledge of the Board there is no requirement under the laws of Cayman Island for the resigning auditor to confirm whether or not there is any circumstances connected with their resignation which they consider should be brought to the attention of the shareholders of the Company. PwC has therefore not issued such confirmation.

PwC has not commenced any audit work on the accounts of the Group for the financial year ending 31 March 2017. It is expected that the change of auditor will not have any significant impact on the annual audit for the financial year ending 31 March 2017.

The Board and the audit committee of the Company (the ‘‘Audit Committee’’) confirmed there are not other matters or circumstances in connection with the change of the auditors of the Company that need to be brought to the attention of the shareholders or creditors of the Company.

The Board further announces that the Audit Committee recommended SHINEWING (HK) CPA Limited be appointed as the new auditor of the Company with effect from the date of this announcement to hold office until the conclusion of the next annual general meeting of the Company.

– 1 –

The Board would take this opportunity to express its gratitude to PwC for their professional services rendered to the Group in the past.

By order of the Board On Real International Holdings Limited Tam Wing Ki Chairman and Executive Director

Hong Kong, 10 March 2017

As at the date of this announcement, the executive Directors are Mr. Tam Wing Ki, Mr. Fu Yan Ming, Mr. Kwok Ming Fai and Mr. Tao Hong Ming and the independent non-executive Directors are Mr. Chan Shiu Man, Mr. Cheng Yuk Kin and Mr. Wong Ching Wan.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the ‘‘Latest Company Announcements’’ page of the GEM website at www.hkgem.com for at least 7 days from the date of its posting and be posted on the website of the Company at www.on-real.com.

– 2 –