ISP Global Limited — Capital/Financing Update 2021

Dec 6, 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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase, or subscribe for securities of the Company.

ISP GLOBAL LIMITED

(Incorporated in Cayman Islands with limited liability)

(Stock Code: 8487)

COMPLETION OF DISCLOSEABLE TRANSACTION IN RELATION TO FORMATION OF A JOINT VENTURE INVOLVING THE ISSUE OF CONSIDERATION SHARES UNDER GENERAL MANDATE

Reference is made to the announcements (the “ Announcements ”) of ISP Global Limited (the “ Company ”) dated 22 October 2021 and 26 November 2021 in relation to the formation of a joint venture involving the issue of Consideration Shares under General Mandate. Unless otherwise specified, capitalised terms defined in the Announcements have the same meanings when used in this announcement.

COMPLETION OF THE JV FORMATION

The Board is pleased to announce that the formations of the JV Co and WFOE are completed on 27 October 2021 and 3 December 2021 respectively, upon which, the entire JV Group becomes indirectly owned subsidiary of the Company and the financial results of which will be consolidated into the financial statements of the Group.

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FULFILLMENT OF CONDITIONS PRECEDENT TO STEP-UP ACQUISITIONS

The Board is pleased to announce that the listing approval for the listing of, and permission to deal in, the Consideration Shares, being one of the conditions precedent to the Step-up Acquisitions, was obtained on 30 November 2021.

By order of the Board ISP Global Limited Mong Kean Yeow

Chairman and executive Director

Hong Kong, 6 December 2021

As at the date of this announcement, the executive Directors are Mr. Mong Kean Yeow, Ms. Choon Shew Lang, Mr. Yuan Shuangshun and Mr. Han Bing, the non-executive Director is Mr. Cao Chunmeng and the independent non-executive Directors are Mr. Tang Chi Wai, Dr. Cai Rongxin and Mr. Yan Xiaotian.

This announcement, for which the Directors of the issuer collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the issuer. 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 document misleading.

This announcement will remain on the “Latest Listed Company Announcement” page of the GEM website (www.hkgem.com) for at least seven days from the day of its posting. This announcement will also be published on the Company’s website at www.ispg.hk.

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