ICO Group Limited — Capital/Financing Update 2015

May 20, 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.

==> picture [58 x 23] intentionally omitted <==

==> picture [58 x 24] intentionally omitted <==

==> picture [215 x 71] intentionally omitted <==

(Incorporated in Bermuda with limited liability)

(Stock Code : 630)

UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS AND RESUMPTION OF TRADING

UNUSUAL SHARE PRICE AND TRADING VOLUME MOVEMENTS

This announcement is made at the request of The Stock Exchange of Hong Kong Limited (“ Stock Exchange ”) pursuant to Rule 13.10 of the Rules (“ Listing Rules ”) Governing the Listing of Securities on the Stock Exchange and the Inside Information Provisions (as defined in the Listing Rules).

The board (“ Board ”) of directors (“ Directors ”) of AMCO United Holding Limited (“ Company ”, together with its subsidiaries, the “ Group ”) has noted the recent increase in the share price and trading volume of the shares of the Company. Having made such enquiry with respect to the Company as is reasonable in the circumstances, the Board confirms that it is not aware of any reasons for such share price and trading volume movements or of any information which must be announced to avoid a false market in the Company’s securities or of any inside information that needs to be disclosed under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) save as disclosed below:

• For identification purposes only

1

1. the Company is currently under negotiation with an independent third party (being a licensed securities firm) for certain fund raising exercises by way of equity issue (“ Possible Fund Raising Exercises ”);

2. such Possible Fund Raising Exercises may include rights issue of shares of the Company. As at the date of this announcement, no definitive agreement regarding the Possible Fund Raising Exercises has been entered into between the Company and the said securities firm; and

3. the Group is currently in the course of negotiation with two independent third parties in respect of a possible acquisition of the entire equity interest of a company which is principally engaged in building construction, building maintenance and improvement works, project management, renovation and decoration works in Hong Kong (“ Possible Acquisition ”). As at the date of this announcement, the Group has not entered into any legally binding agreement(s) or contract(s) in respect of the Possible Acquisition. The Possible Acquisition, if materialises, may constitute a notifiable transaction for the Company under Chapter 14 of the Listing Rules. The Company will comply with the applicable requirements as and when necessary.

Shareholders of the Company and potential investors should note that the Possible Fund Raising Exercises and the Possible Acquisition may or may not proceed and are advised to exercise caution when dealing in the shares of the Company.

This announcement is made by the order of the Company. The Board collectively and individually accepts responsibility for the accuracy of this announcement.

TRADING HALT AND RESUMPTION

At the request of the Company, trading in the shares of the Company under stock code 630 and parallel trading counter code 2970 on the Stock Exchange has been halted with effect from 3:19 p.m. on 19 May 2015 pending the release of this announcement.

Application has been made to the Stock Exchange for the resumption of trading of the shares of the Company under stock code 630 and parallel trading counter code 2970 on the Stock Exchange with effect from 9:00 a.m. on 20 May 2015.

On behalf of the Board AMCO United Holding Limited YIP Wai Lun, Alvin Chairman and Managing Director

Hong Kong, 19 May 2015

As at the date of this announcement, Mr. Yip Wai Lun, Alvin, Ms. Leung Mei Han, Mr. Cheng Kin Chor and Mr. Leung Kelvin Ming Yuen are the executive Directors; and Mr. Leung Ka Kui, Johnny, Mr. Chan Kam Kwan, Jason, Mr. Lau Man Tak and Mr. Wong Siu Ki are the independent non-executive Directors.

2