Central Development Holdings Limited — Capital/Financing Update 2021

Jun 18, 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 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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CHINA RESOURCES AND TRANSPORTATION GROUP LIMITED 中國資源交通集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 269)

COMPLETION OF ISSUE OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcements of China Resources and Transportation Group Limited (the “ Company ”) dated 16 April 2021, 21 April 2021, 25 April 2021, 29 April 2021, 27 May 2021 and 1 June 2021 (the “ Announcement ”) in relation to, among other things, the Petition and the Settlement Deed. Unless otherwise specified, capitalized terms used in this announcement shall have the same meaning as those defined in the Announcement.

COMPLETION OF THE SUBSCRIPTION

The Board is pleased to announce that the Subscription was completed on 18 June 2021 as all conditions of the Subscription have been fulfilled. The Subscription Shares have been allotted and issued to the Noteholder upon the Completion. The Subscription Consideration has been set off against the Relevant Indebtedness pursuant to the Settlement Deed.

CHANGES IN SHAREHOLDING STRUCTURE OF THE COMPANY

To the best of the Directors’ knowledge, information and belief after having made all reasonable enquiries, the Company’s shareholding structures immediately before Completion and after the allotment and issue of the Subscription Shares upon the Completion is illustrated below:

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Shareholders of theCompanySubstantial ShareholdersMs. Mak Siu Hang Viola(“Ms. Mak”)(Note)NoteholderSub-totalPublic ShareholdersTotal	Immediately before CompletionNumber ofSharesApproximate %1,816,330,00024.41--1,816,330,00024.415,626,065,97075.597,442,395,970100.00	Immediately after the allotmentand issue of the SubscriptionShares upon CompletionNumber ofSharesApproximate %1,816,330,00020.351,480,000,00016.593,296,330,00036.945,626,065,97063.068,922,395,970100.00	Immediately after the allotmentand issue of the SubscriptionShares upon CompletionNumber ofSharesApproximate %1,816,330,00020.351,480,000,00016.593,296,330,00036.945,626,065,97063.068,922,395,970100.00
			36.9463.06
			100.00

• Note: As at the date of this announcement, VMS Investment Group Limited, Focal Sunshine Limited (a wholly-owned subsidiary of VMS Investment Group Limited) and Keywood Group Limited (a wholly-owned subsidiary of VMS Finance Group Limited) directly interested in 242,115,000 Shares, 974,215,000 Shares and 600,000,000 Shares, respectively. VMS Investment Group Limited and VMS Finance Group Limited are wholly-owned by Ms. Mak. By reason of interests of controlled corporations within the meaning of Part XV of the SFO, Ms. Mak is deemed to be interested in the 1,816,330,000 Shares held by these corporations.

By Order of the Board China Resources and Transportation Group Limited Cao Zhong Chairman

Hong Kong, 18 June 2021

As at the date of this announcement, the board of directors comprises seven executive directors, namely Messrs Cao Zhong, Fung Tsun Pong, Gao Zhiping, Tsang Kam Ching, David, Jiang Tao, Duan Jingquan and Li Wing Chiu; and four independent non-executive directors, namely Messrs Jing Baoli, Bao Liang Ming, Xue Baozhong and Ms. Chan Chu Hoi.

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