Novautek Technologies Group Limited — M&A Activity 2015

Dec 23, 2015

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 however arising from or in reliance upon the whole or any part of the contents of this announcement.

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實力建業集團有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 519)

COMPLETION OF MAJOR AND CONNECTED TRANSACTION IN RELATION TO THE DISPOSAL OF THE ENTIRE ISSUED SHARE CAPITAL OF APPLIED ENTERPRISES LIMITED AND BEACHSIDE INVESTMENTS LIMITED AND ASSIGNMENT OF LOANS

Reference is made to the announcement of Applied Development Holdings Limited (the “ Company ”) dated 9 November 2015 and the circular (the “ Circular ”) of the Company dated 4 December 2015. Capitalised terms used in this announcement shall have the same meanings as those defined in the Circular unless otherwise stated.

The Board of Directors of the Company is pleased to announce that all the conditions precedent as stipulated in the Disposal Agreement have been fulfilled and the Disposal was completed on 22 December 2015.

Immediately following Completion, the Company ceased to hold any interest in the Target A Group and the Target B Group and each of Target A and Target B ceased to be a subsidiary of the Company.

By Order of the Board Applied Development Holdings Limited Wang Jingyu Chairlady and Managing Director

Hong Kong, 23 December 2015

As at the date of this announcement, the Executive Directors are Ms. Wang Jingyu, Ms. Ng Kit Ling, Mr. Tsao Hoi Ho and Mr. Meng Song; the Independent Non-executive Directors are Mr. Su Ru Jia, Mr. Lo Yun Tai and Mr. Chan Ming Fai, Terence.

In the event of inconsistency, the English text of this announcement shall prevail over the Chinese text thereof.

• For identification purpose only