CBK Holdings Limited — Capital/Financing Update 2021

Jul 12, 2021

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 the 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.

CBK Holdings Limited 國茂控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8428)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO

(I) PROPOSED SHARE CONSOLIDATION;

(II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; (III) PROPOSED RIGHTS ISSUE ON THE BASIS OF THREE (3) RIGHTS SHARES FOR EVERY TWO (2) SHARES HELD ON THE RECORD DATE ON A NON-UNDERWRITTEN BASIS

Reference is made to the circular (the ‘‘Circular’’) of CBK Holdings Limited (the ‘‘Company’’) dated 7 July 2021, in relation to, among other things, the Share Consolidation, the Increase in Authorised Share Capital, the Rights Issue and the Placing. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Circular.

The Board would like to supplement that (i) in the event that the Share Consolidation has become effective, the basis of the Rights Issue shall be three (3) consolidated Rights Shares for every two (2) Consolidated Shares held on the Record Date; and (ii) in the event that the Share Consolidation has not become effective, the basis of the Rights Issue shall be three (3) existing Rights Shares for every two (2) Existing Shares held on the Record Date.

Save for the information stated above, all the information contained in the Circular remains unchanged.

WARNINGS

Shareholders and potential investors of the Company should note that the Share Consolidation is not conditional upon the completion of the Rights Issue, the Share Consolidation is conditional upon satisfaction of the conditions as set out in the paragraph headed ‘‘(I) PROPOSED SHARE CONSOLIDATION — Conditions of the Share Consolidation’’ in the Circular. Accordingly, the Share Consolidation may or may not finally proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

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Shareholders and potential investors of the Company should note that the Rights Issue is conditional upon satisfaction of the conditions as set out in the paragraph headed ‘‘(III) PROPOSED RIGHTS ISSUE — Conditions of the Rights Issue’’ in the Circular. Accordingly, the Rights Issue may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

The Shares are expected to be dealt in on an ex-rights basis from Wednesday, 28 July 2021. Dealings in the Rights Shares in nil-paid form are expected to take place from Tuesday, 10 August 2021 to Tuesday, 17 August 2021 (both days inclusive). Any Shareholder or other person contemplating transferring, selling or purchasing the Shares and/or Rights Shares in their nil-paid form is advised to exercise caution when dealing in the Shares and/or the nil-paid Rights Shares.

The Rights Issue will proceed on a non-underwritten basis irrespective of the level of acceptance of the provisionally allotted Rights Shares. Any Shareholder or other person dealing in the Shares or in the nil-paid Rights Shares up to the date on which all the conditions to which the Rights Issue is subject are fulfilled will accordingly bear the risk that the Rights Issue may not become unconditional or may not proceed. Any person who is in any doubt about his/her/its position or any action to be taken is recommended to consult his/her/its own professional adviser(s).

By order of the Board CBK Holdings Limited Chow Yik Chairman and Executive Director

Hong Kong, 12 July 2021

As at the date of this announcement, the chairman and an executive Director is Mr. CHOW Yik, the executive Directors are Mr. CHAN Lap Ping and Mr. TSUI Wing Tak and the independent non-executive Directors are Mr. CHAN Hoi Kuen Matthew, Mr. LAW Yui Lun, Mr. LU Jun Bo and Ms. WONG Syndia D.

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 Listed Company Information’’ page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication. This announcement will also be published on the website of the Company at www.cbk.com.hk.

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