ISP Holdings Limited — Interim / Quarterly Report 2016

Jul 19, 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.

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SYNERGIS HOLDINGS LIMITED 新昌管理集團有限公司[*]

(Incorporated in Bermuda with limited liability)

(Stock Code: 02340)

VOLUNTARY ANNOUNCEMENT –

BUSINESS UPDATE (UNAUDITED) FOR THE SIX MONTHS ENDED 30 JUNE 2016

The Group is pleased to provide a business update (unaudited) on its operations for the six months ended 30 June 2016. The highlights are as follows:

INTERIORS AND SPECIAL PROJECTS BUSINESS

Turnover

• For the six months ended 30 June 2016, this business recorded a turnover of approximately HK$813.3 million.

New contracts awarded

• For the six months ended 30 June 2016, this business recorded new contracts awarded of approximately HK$969.8 million.

Outstanding workload

• As of 30 June 2016, this business recorded an outstanding workload of approximately HK$3,082.7 million.

PROPERTY AND FACILITY MANAGEMENT SERVICES BUSINESS

Turnover

• For the six months ended 30 June 2016, this business recorded a turnover of approximately HK$367.0 million.

Service contracts on hand

• As of 30 June 2016, the gross floor area under management was approximately 10,100,000 sqm.

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Synergis Holdings Limited (the “Company”, together with its subsidiaries, collectively, the “Group”) is pleased to provide a business update (unaudited) for the six months ended 30 June 2016 with the objective of informing its shareholders and potential investors of the Group’s operational progress and performance.

INTERIORS AND SPECIAL PROJECTS BUSINESS

1. Turnover

For the six months ended 30 June 2016, this business recorded a turnover of approximately HK$813.3 million, details of which are as follows:

	For the six months ended 30 June 2016 (HK$ million)	For the six months ended 30 June 2015 (HK$ million)	Change
Interiors and Special Projects	813.3	754.5	+7.8%

2. New contracts awarded

For the six months ended 30 June 2016, this business recorded new contracts awarded of approximately HK$969.8 million.

Major contracts awarded to this business during the six months ended 30 June 2016 include:

	Contracts	Clients	Location	Awarded in
1.	Alteration and Improvement Works at Lincoln House Carpark	Gammon Engineering & Construction Company Limited	Hong Kong	Second quarter
2.	Eu Yan Sang – Chinese Medicine Plant Development at Yuen Long Industrial Estate	Eu Yan Sang (Hong Kong) Limited	Hong Kong	Second quarter
3.	Renovation Works at AEON Whampoa Store	AEON Stores (Hong Kong) Co., Limited	Hong Kong	Second quarter

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	Contracts	Clients	Location	Awarded in
4.	Alteration and Addition Works at Kowloon Investment Building at 8 Bute Street	Kowloon Investment Company Limited	Hong Kong	Second quarter
5.	Asset Enhancement Works at Chung Fu Plaza (North)	Link Asset Management Limited	Hong Kong	First quarter
6.	Renovation Works at AEON Kornhill Store	AEON Stores (Hong Kong) Co., Limited	Hong Kong	First quarter

3. Outstanding workload

As of 30 June 2016, this business recorded an outstanding workload of approximately HK$3,082.7 million, details of which are as follows:

	As of 30 June 2016 (HK$ million)	As of 30 June 2015 (HK$ million)	Change
Interiors and Special Projects	3,082.7	1,587.9	+94.1%

PROPERTY AND FACILITY MANAGEMENT SERVICES BUSINESS

1. Turnover

For the six months ended 30 June 2016, this business recorded a turnover of approximately HK$367.0 million, details of which are as follows:

	For the six months ended 30 June 2016 (HK$ million)	For the six months ended 30 June 2015 (HK$ million)	Change
Property and Facility Management Services	367.0	374.7	–2.1%

2. Service contracts on hand

As of 30 June 2016, the gross floor area under management was approximately 10,100,000 square metres (“sqm”) (Hong Kong: 7,600,000 sqm, Mainland China: 2,500,000 sqm).

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The board of directors of the Company (the “Board”) wishes to remind investors that the business update for the six months ended 30 June 2016 above is based on the unaudited management accounts of the Group which have not been reviewed or audited by the auditors of the Company.

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

By order of the Board of Synergis Holdings Limited Joseph Choi Kin Hung Executive Director and Chairman

Hong Kong, 19 July 2016

As at the date of this announcement, the Board comprises Ir. Joseph Choi Kin Hung (Chairman), Mr. Terence Leung Siu Cheong (Managing Director) and Mr. Lui Chun Pong as Executive Directors; and Mr. Stephen Ip Shu Kwan, Mr. Kan Fook Yee, Mr. Wong Tsan Kwong and Mr. David Yu Hon To as Independent Non-executive Directors.

• for identification purpose only

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