ISP Global Limited — Regulatory Filings 2021

Feb 1, 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.

ISP GLOBAL LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock code: 8487)

PROFIT WARNING

This announcement is made by ISP Global Limited (the “ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 17.10 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the “ GEM Listing Rules ”) and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board (the “ Board ”) of directors (“ Directors ”) of the Company wishes to inform the shareholders and potential investors of the Company that based on the initial assessment of the information currently available (including but not limited to the unaudited consolidated management accounts of the Group for the six months ended 31 December 2020 (the “ Period ”)), the Group may record a consolidated net loss attributable to owners of the Company for the Period of approximately S$39 thousand to approximately S$47 thousand, as compared to a consolidated net profit attributable to owners of the Company of approximately S$58 thousand in the corresponding period in 2019. Based on the information currently available to the Board, such expected decrease is mainly attributable to, among other things, (i) the increase of approximately S$84 thousand, or 6.1%, in administrative costs and expenses related to funding of business opportunities in the Group’s new E-commerce segment in China from approximately S$1.4 million for the six months ended 31 December 2019 to approximately S$1.5 million for the Period; and (ii) the decrease in gross profits in the Group’s integrated services of sound and communication systems segment which was primarily due to delays in project completion in the Period.

The Company is still in the process of finalising the unaudited consolidated interim results of the Group for the Period, the information contained in this announcement is only based on the preliminary assessment by the Board with reference to the unaudited consolidated interim results of the Group and the information currently available, and is not based on any figures or information which have been audited or reviewed by the audit committee of the Company or the Company’s auditors. The actual results of the Group for the Period may be different from what is disclosed in this announcement. Shareholders and potential investors of the Company are advised to read carefully the announcement of the Company in relation to the interim results of the Group for the Period, which is expected to be published on or around 11 February 2021.

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

By order of the Board ISP Global Limited Mong Kean Yeow Chairman and Executive Director

Singapore, 1 February 2021

1

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

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited 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 “Latest Company Announcements” page of the GEM website (www.hkgem.com) for seven days from the day of its posting. This announcement will also be published on the Company’s website at www.ispg.hk.

2