Luye Pharma Group Limited — M&A Activity 2016

Sep 27, 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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TAKSON HOLDINGS LIMITED 第一德勝控股有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock Code: 918)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

This announcement is made pursuant to Rule 2.1 of the Hong Kong Code on Takeovers and Mergers.

Reference is made to the joint announcement of Takson Holdings Limited (the “ Company ”) and State Energy HK Limited dated 23 September 2016 (the “ Joint Announcement ”) in relation to, among other things, the Share Purchase Agreement and the Offer. Unless otherwise defined herein, capitalised terms used herein shall have the same meanings as defined in the Joint Announcement.

The Board hereby announce that Investec Capital Asia Limited (“ ICAL ”), a corporation licensed to carry out Type 1 (dealing in securities), Type 4 (advising on securities), Type 6 (advising on corporate finance) and Type 9 (asset management) regulated activities under SFO, has been appointed as the independent financial adviser of the Company to advise the Independent Board Committee in relation to the Offer and such appointment has been approved by the Independent Board Committee.

The letter of advice of ICAL will be included in the Composite Offer Document to be dispatched to the Shareholders in due course.

By order of the Board Wong Tek Sun, Takson Chairman

Hong Kong, 27 September 2016

The Board at the date of this announcement comprises Mr. Wong Tek Sun, Takson and Ms. Pang Shu Yuk, Adeline Rita, who are executive directors; Mr. Cunningham, James Patrick, Mr. Wong Kwok Tai and Dr. Motwani, Manoj Kumar who are independent non-executive directors and two nonexecutive directors, namely Mr. Wong Tak Yuen and Ms. Pang She Kwok, Szwina.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement the omission of which would make any statement in this announcement misleading.

* for identification purpose only