Comba Telecom Systems Holdings Limited — Capital/Financing Update 2022

Dec 29, 2022

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.

This announcement is for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.

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COMBA TELECOM SYSTEMS HOLDINGS LIMITED 京信通信系統控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2342)

INSIDE INFORMATION EXPECTED LISTING DATE FOR PROPOSED SECONDARY LISTING ON SGX-ST

This announcement is made by Comba Telecom Systems Holdings Limited (the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of the Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

Reference is made to the Company’s announcement (“ Announcement ”) dated 15 November 2022 in relation to, among other things, the submission of an application to the SGX-ST for the Proposed Secondary Listing. Unless otherwise stated, capitalized terms used herein have the same meanings as those used in the Announcement.

The Board is pleased to announce that the Company has on 29 December 2022 received an eligibility-to-list letter from the SGX-ST (“ ETL ”) in respect of the Proposed Secondary Listing and, subject to fulfilment of the conditions set out therein, the issued ordinary shares as well as ordinary shares that may be issued under the existing share option scheme and share award scheme adopted by the Company (the “ Shares ”) are expected to be listed and to commence trading on the SGX-ST on around 4 January 2023. The ETL is not an indication of the merits of the Proposed Secondary Listing, the Company, its subsidiaries and/or the Company’s Shares.

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UOB Kay Hian Private Limited is acting as the issue manager for the Proposed Secondary Listing.

The Proposed Secondary Listing is still subject to fulfilment of conditions as set out in the ETL and there is no assurance that it will proceed to completion. Shareholders and other potential investors of the Company are reminded to exercise caution when dealing in the securities of the Company.

By order of the Board

Comba Telecom Systems Holdings Limited Fok Tung Ling Chairman

Hong Kong, 29 December 2022

As at the date of this announcement, the Board comprises the following executive Directors: Mr. FOK Tung Ling, Mr. ZHANG Yue Jun, Mr. XU Huijun, Mr. CHANG Fei Fu, Mr. BU Binlong and Ms. HUO Xinru; the following non-executive Director: Mr. WU Tielong; and the following independent non-executive Directors: Mr. LAU Siu Ki, Kevin, Dr. LIN Jin Tong, Ms. NG Yi Kum and Ms. WONG Lok Lam.

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