ICO Group Limited — Capital/Financing Update 2016

Nov 10, 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.

==> 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

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 Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“ Listing Rules ”).

The board (“ Board ”) of directors (“ Directors ”, each a “ Director ”) of AMCO United Holding Limited (“ Company ”, together with its subsidiaries, “ Group ”) has noted the recent increase in the 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 save as disclosed below, 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).

• For identification purposes only

1

The Group is currently in the course of negotiation with an independent third party in respect of a possible disposal of certain subsidiaries (“ Possible Disposal ”), which, if materialises, may constitute a notifiable transaction of the Company under Chapter 14 of the Listing Rules. As at the date of this announcement, the Group has not entered into any legally binding agreements or contracts in respect of the Possible Disposal. The Company will make further announcement(s) in compliance with the Listing Rules as and when legally binding agreement(s) in relation to the Possible Disposal is/are entered into. Save as disclosed above, the Group has not entered or proposed to enter into any agreement and arrangement to dispose of any business of the Group or acquire any business apart from the Possible Disposal.

Shareholders of the Company and potential investors should note that the Possible Disposal 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.

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

Hong Kong, 10 November 2016

As at the date of this announcement, Mr. Yip Wai Lun, Alvin, Mr. Cheng Kin Chor, Mr. Leung Kelvin Ming Yuen, Mr. Zhang Hengxin, Mr. Peng Shiyuan and Mr. Jia Minghui are the executive Directors; and Mr. Wong Siu Ki, Mr. Chan Ngai Sang Kenny and Mr. Li Kwok Fat are the independent non-executive Directors.

2