Comtec Solar Systems Group Limited — M&A Activity 2016

Mar 15, 2016

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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Sun East Technology (Holdings) Limited 日東科技（控股）有限公司 *

(incorporated in Bermuda with limited liability)

(Stock code: 365)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Reference is made to the joint announcement of Sun East Technology (Holdings) Limited (the “ Company ”) and Unis Technology Strategy Investment Limited dated 14 February 2016 (the “ Joint Announcement ”) in respect of, among other things, the Subscriptions and the possible unconditional mandatory cash offer by Quam Securities Company Limited for and on behalf of the Offeror for all the issued shares in the Company (other than the Excluded Shares) (the “ Offer ”). Unless otherwise stated, terms used herein shall have the same meanings as ascribed to them in the Joint Announcement.

The Independent Board Committee comprising all the independent non-executive Directors, namely Mr. See Tak Wah, Prof. Xu Yang Sheng and Mr. Li Wanshou, has been established in accordance with Rule 2.8 of the Takeovers Code to advise the Independent Shareholders as to the fairness and reasonableness of the terms of the Offer and as to voting.

The Board wishes to announce that VMS Securities Limited has been appointed as the Independent Financial Adviser to advise the Independent Board Committee and the Independent Shareholders in respect of the fairness and reasonableness of the terms of the Offer and as to the acceptance of the Offer. The appointment of the Independent Financial Adviser has been approved by the Independent Board Committee in accordance with Rule 2.1 of the Takeovers Code. A copy of the letter of advice from the Independent Financial Adviser, together with the recommendation(s) from the Independent Board Committee to the Independent Shareholders, in respect of the Offer will be included in the Composite Document to be jointly issued by the Company and the Offeror in accordance with the Takeovers Code.

By Order of the Board Sun East Technology (Holdings) Limited BUT Tin Fu Chairman

Hong Kong, 15 March 2016

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At the date of this announcement, the directors of the Company are Mr. But Tin Fu, Mr. But Tin Hing, Mr. Leung Cheong and Mr. Leung Kuen, Ivan as executive directors; and Mr. See Tak Wah, Prof. Xu Yang Sheng and Mr. Li Wanshou as independent non-executive directors.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement misleading.

• For identification purposes only

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