Great Eagle Holdings Limited — Regulatory Filings 2021

Aug 12, 2021

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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POSITIVE PROFIT ALERT

This announcement is made by Tian An China Investments Company Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the “ Board ”) wishes to inform the shareholders of the Company (the “ Shareholders ”) and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts for the six months ended 30th June, 2021, the profit attributable to the owners of the Company (the “ Attributable Profit ”) for the six months ended 30th June, 2021 is expected to have a significant increase ranging from 75% to 85% as compared with the Attributable Profit of approximately HK$200.2 million for the six months ended 30th June, 2020. The primary reasons for the increase in the expected Attributable Profit were (i) an increase in share of profit of joint ventures; and (ii) an increase in fair value of investment properties for the six months ended 30th June, 2021 compared with a decrease in fair value of investment properties for the six months ended 30th June, 2020.

The Company is still in the process of finalising the interim results of the Group for the six months ended 30th June, 2021. The information contained in this announcement is only based on the Board’s preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended 30th June, 2021, which may be subject to adjustments upon the finalisation of the review by the auditor of the Company. The interim results of the Group for the six months ended 30th June, 2021 will be published by the Company within the timeframe stipulated under the Listing Rules.

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

On behalf of the Board Tian An China Investments Company Limited Edwin Lo King Yau Executive Director

Hong Kong, 12th August, 2021

As at the date of this announcement, the Board comprises Mr. Song Zengbin (Deputy Chairman), Mr. Patrick Lee Seng Wei (Managing Director), Mr. Edwin Lo King Yau and Mr. Tao Tsan Sang being the Executive Directors; Mr. Lee Seng Hui (Chairman) and Dr. Moses Cheng Mo Chi being the Non-Executive Directors; and Mr. Francis J. Chang Chu Fai, Mr. Jin Hui Zhi, Mr. Ngai Wah Sang and Ms. Lisa Yang Lai Sum being the Independent Non-Executive Directors.