Go Up Education Technology Limited — M&A Activity 2015

Oct 23, 2015

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 appears for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities.

WEALTH GLORY HOLDINGS LIMITED 富譽控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8269)

UPDATE ON MAJOR TRANSACTION IN RESPECT OF THE ACQUISITION OF 51% EQUITY INTEREST IN PERFECT WORTH INVESTMENT LIMITED

This announcement is made by the Company pursuant to Rule 17.10(2) of the GEM Listing Rules and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements (the “ Announcements ”) of the Company dated 23 June 2015, 31 July 2015 and 30 September 2015 in relation to, among other matters, the major transaction of the Company in respect of the acquisition of 51% equity interest in Perfect Worth Investment Limited which through its subsidiaries owns and operates the online distribution platform, namely Letao, and the issue of the Consideration Shares under the Specific Mandate. Unless otherwise defined, capitalised terms used herein shall have the same meanings as those defined in the Announcements.

The Board wishes to announce that the parties to the Purchase Agreement are under negotiation to amend various terms of the Acquisition (including but not limited to payment terms, methods and schedule) by entering into a supplemental agreement to the Purchase Agreement. The Company will publish further announcement to update the progress when appropriate or as required by the GEM Listing Rules.

Shareholders of the Company and potential investors are advised to exercise caution in dealing in the securities of the Company.

By Order of the Board Wealth Glory Holdings Limited Wong Ka Wah, Albert Chairman and executive Director

Hong Kong, 23 October 2015

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As at the date of this announcement, the Board comprises eight Directors, including two executive Directors, namely Mr. Wong Ka Wah, Albert and Mr. Hong Sze Lung; three non-executive Directors namely, Mr. Lau Wan Pui, Joseph, Mr. Law Chung Lam, Nelson and Mr. Kwong Yuk Lap and three independent non-executive Directors, namely Mr. Leung Ka Tin, Mr. Tam Chak Chi and Mr. Chow Chi Fai.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website at www.hkgem.com on the “Latest Company Announcements” page for seven days from the date of its publication and on the website of the Company at www.wealthglory.com.

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