Eminence Enterprise Limited — M&A Activity 2017

May 8, 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.

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EMINENCE ENTERPRISE LIMITED 高山企業有限公司

(incorporated in Bermuda with limited liability) (Stock Code: 616)

POSSIBLE MAJOR TRANSACTION POSSIBLE ACQUISITION OF PROPERTIES

POSSIBLE MAJOR TRANSACTION

The Board would like to notify the Shareholders a wholly-owned subsidiary of the Company has made a bid at the Tender for the Properties on 5 May 2017.

If the Group’s bidding is successful, the Possible Acquisition will constitute a major transaction the Company pursuant to Rule 14.06(3) of the Listing Rules which is subject to the reporting, announcement and shareholders’ approval requirements pursuant to Chapter 14 of the Listing Rules.

The Company will publish an announcement as soon as practicable after result of the bid and the final consideration of the Possible Acquisition (if the Group’s bidding is successful).

As the Possible Acquisition may or may not proceed, Shareholders and potential investors should exercise caution when dealing in the Shares.

POSSIBLE MAJOR TRANSACTION

The Board would like to notify the Shareholders a wholly-owned subsidiary of the Company has made a bid at the Tender for the Properties on 5 May 2017.

Shareholders should note that the final bid price for the Properties to be submitted by the Group will depend on, among other things, the bid price of the other bidders (if any), the Group’s view on the market and the prospects of the Properties.

It is currently expected that, if the bid submitted by the Group is successful at the Tender, the Group will finance the payment for the Possible Acquisition by the internal resources and/or banking facilities available to the Group at that time.

LISTING RULES IMPLICATIONS

If the Group’s bidding is successful, the Possible Acquisition will constitute a major transaction for the Company pursuant to Rule 14.06(3) of the Listing Rules which is subject to the reporting, announcement and shareholders’ approval requirements pursuant to Chapter 14 of the Listing Rules.

The Company will publish an announcement after the result of the bid and the final consideration of the Possible Acquisition (if the Group’s bidding is successful) and then despatch a circular containing information required under the Listing Rules to the Shareholders as soon as practicable. The Company will comply with the relevant requirements under Chapter 14 of the Listing Rules.

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As the Possible Acquisition may or may not proceed, Shareholders and potential investors should exercise caution when dealing in the Shares.

DEFINITIONS

In this announcement, unless the context otherwise required, the following words and phrases have the following meanings:

“Board”	the board of directors of Eminence
“Company”	Eminence Enterprise Limited, an exempted company incorporated in
	Bermuda with limited liability, the securities of which are listed on
	the main board of the Stock Exchange
“Directors”	the directors of Company
“Group”	the Company and its subsidiaries
“Properties”	carport areas, being the subjects of the Tender, located in Hong
	Kong
“Listing Rules”	the Rules Governing the Listing of Securities on the Stock Exchange
“Possible Acquisition”	the possible acquisition of the Properties by the Group if it has
	successfully bid at the Tender
“Share(s)”	ordinary share(s) of par value HK$0.01 each in the share capital of
	the Company
“Shareholder(s)”	holder(s) of Eminence Share(s)
“Stock Exchange”	The Stock Exchange of Hong Kong Limited
“Tender”	the tender for the sale of the Properties

By Order of the Board EMINENCE ENTERPRISE LIMITED Kwong Jimmy Cheung Tim Chairman and Chief Executive Officer

Hong Kong, 8 May 2017

As at the date hereof, the Board comprises Mr. Kwong Jimmy Cheung Tim and Ms. Lui Yuk Chu as executive directors, and Mr. Kan Ka Hon, Mr. Lau Sin Ming, Mr. Foo Tak Ching and Mr. Wu Koon Yin Welly as independent non-executive directors.

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