Enterprise Development Holdings Limited — Capital/Financing Update 2016

Sep 12, 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.

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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ENTERPRISE DEVELOPMENT HOLDINGS LIMITED 企展控股有限公司

(Incorporated in Cayman Islands with limited liability)

(Stock code: 1808)

DELAY IN DESPATCH OF THE CIRCULAR IN RELATION TO PROPOSED RIGHTS ISSUE

Reference is made to the announcement (the “ Announcement ”) of Enterprise Development Holdings Limited (the “ Company ”) dated 12 August 2016 in relation to proposed Rights Issue. Unless otherwise stated, capitalised terms used herein shall bear the same meanings as defined in the Announcement.

DELAY IN DESPATCH OF THE CIRCULAR

As set out in the Announcement, the Circular containing, among other things, (i) further details about the Rights Issue; (ii) a letter of recommendation from the Independent Board Committee to the Independent Shareholders in respect of the Rights Issue; (iii) a letter of advice from Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders on the Rights Issue; and (iv) the notice convening the EGM, will be despatched to the Shareholders on or before Monday, 12 September 2016.

Since additional time is required for the Company to finalise certain information to be included in the Circular, it is expected that the date of despatch of the Circular will be postponed to a date falling on or before Friday, 23 September 2016.

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As the expected date of despatch of the Circular is postponed, the timetable for the proposed Rights Issue will be revised. Further announcement for the revised timetable of the Rights Issue will be made by the Company as soon as possible.

On behalf of the Board Enterprise Development Holdings Limited Lam Kai Tai Chairman

Hong Kong, 12 September 2016

As at the date of this announcement, the Board comprises four executive Directors, namely Mr. Lam Kai Tai (Chairman), Mr. Kwok Ho On Anthony, Mr. Wang Jun and Mr. Wong Ho Sing, and three independent non-executive Directors, namely Mr. Yau Yan Ming Raymond, Ms. Hu Gin Ing and Mr. Liu Kam Lung.

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