Gilston Group Limited — M&A Activity 2019

Jul 17, 2019

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.

KEE Holdings Company Limited 開 易 控 股 有 限 公 司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 2011)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Reference is made to the joint announcement issued by KEE Holdings Company Limited (the ‘‘Company’’) and the Joint Offerors dated 10 July 2019 (the ‘‘Joint Announcement’’). Capitalised terms used herein shall have the same meanings as those defined in the Joint Announcement unless the context requires otherwise.

The Board is pleased to announce that Opus Capital Limited, a corporation licensed to carry out Type 1 (dealing in securities) and Type 6 (advising on corporate finance) regulated activities under the SFO, has been appointed as the independent financial adviser (the ‘‘Independent Financial Adviser’’) to advise the Independent Board Committee in respect of the Offer. Such appointment has been approved by the Independent Board Committee pursuant to Rule 2.1 of the Takeovers Code.

The letter of advice from the Independent Financial Adviser to the Independent Board Committee will be included in the Composite Document.

By order of the Board KEE Holdings Company Limited Wu David Hang Chairman

Hong Kong, 17 July 2019

As at the date of this announcement, the executive Directors are Mr. Wu David Hang and Mr. Yau Chi Chiu; and the independent non-executive Directors are Mr. Yau Pak Yue, Mr. Lu Nim Joel and Mr. Leung Ka Tin.

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.