PegBio Co., Ltd. — Board/Management Information 2016

Feb 29, 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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(Incorporated in Bermuda with limited liability)

(Stock Code: 1141) (Warrant Code: 1153)

• (1) RESIGNATION OF ACTING CHAIRMAN, MANAGING

• DIRECTOR, MEMBER OF THE NOMINATION COMMITTEE AND MEMBER OF THE REMUNERATION COMMITTEE; (2) APPOINTMENT OF CHIEF EXECUTIVE OFFICER;

(3) CHANGE OF COMPANY SECRETARY; AND

• (4) CHANGE OF AUTHORISED REPRESENTATIVE

The Board hereby announces that with effect from 29 February 2016:

1. Mr. Suen Yick Lun Philip resigned as Acting Chairman, Managing Director, member of the Nomination Committee and member of the Remuneration Committee of the Company;

2. Mr. Ng Kwok Leung, an Executive Director of the Company, has been appointed as Chief Executive Officer of the Company;

3. Mr. Suen Yick Lun Philip resigned as the Company Secretary of the Company and Mr. Ng Kwok Leung has been appointed as the Company Secretary of the Company; and

4. Mr. Suen Yick Lun Philip ceased to act as an authorised representative of the Company for the purpose of the Listing Rules and an authorised representative of the Company for the service of process and notices under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Mr. Tam Tak Wah, an Executive Director of the Company, has been appointed as an authorised representative of the Company for the purpose of the Listing Rules and an authorised representative of the Company for the service of process and notices under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong).

* For identification purpose only

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1. RESIGNATION OF ACTING CHAIRMAN, MANAGING DIRECTOR, MEMBER OF THE NOMINATION COMMITTEE AND MEMBER OF THE REMUNERATION COMMITTEE

The board of directors (the “Board”) of Skyway Securities Group Limited (the “Company”, together with its subsidiaries, the “Group”) announces that Mr. Suen Yick Lun Philip (“Mr. Suen”) resigned as Acting Chairman, Managing Director, member of the Nomination Committee and member of the Remuneration Committee of the Company with effect from 29 February 2016 as he requires to devote more time to his other business commitment.

Mr. Suen has confirmed that he has no disagreement with the Board and there is no matter in relation to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Nomination Committee of the Company will arrange for a suitable candidate to act as Chairman of the Company as soon as practicable.

2. APPOINTMENT OF CHIEF EXECUTIVE OFFICER

The Board is pleased to announce that Mr. Ng Kwok Leung (“Mr. Ng”), an Executive Director of the Company, has been appointed as Chief Executive Officer of the Company with effect from 29 February 2016.

Set out below are the biographical details of Mr. Ng:

Mr. Ng, aged 33, joined the Company as an Executive Director of the Company in July 2015. Mr. Ng is also a director of various subsidiaries of the Group. Mr. Ng obtained a Bachelor of Arts (Honours) degree in Accountancy from the Hong Kong Polytechnic University in November 2004. He has been a fellow member of the Association of Chartered Certified Accountants and member of the Hong Kong Institute of Certified Public Accountants. Mr. Ng has over ten years of experience in accounting and auditing fields. Prior to joining the Company, Mr. Ng served in an international accountants firm.

Save as disclosed above, Mr. Ng has not held any other directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the three years prior to the date of this announcement.

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Save as 6,378,000 share options of the Company beneficially owned by Mr. Ng, as at the date of this announcement, Mr. Ng does not have any interest in the shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Mr. Ng does not have any relationship with any directors, senior management, substantial shareholders or controlling shareholders of the Company.

There is no service contract entered into between the Company and Mr. Ng. The directorship of Mr. Ng will be subject to retirement by rotation and reelection pursuant to the Company’s Bye-laws. Mr. Ng is entitled to receive a director’s remuneration of HK$975,000 per annum which has been approved by the Remuneration Committee based on his qualifications, experience, level of responsibilities undertaken, contribution to the Company and prevailing market conditions. The director’s remuneration of Mr. Ng is subject to annual review by the Remuneration Committee.

Save as disclosed above, there are no other matters that need to be brought to the attention of the shareholders of the Company and there is no other information to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”) in relation to the appointment of Mr. Ng as Chief Executive Officer of the Company.

3. CHANGE OF COMPANY SECRETARY

The Board further announces that with effect from 29 February 2016, Mr. Suen resigned as the Company Secretary of the Company and Mr. Ng has been appointed as the Company Secretary of the Company.

4. CHANGE OF AUTHORISED REPRESENTATIVE

The Board also announces that with effect from 29 February 2016, Mr. Suen ceased to act as an authorised representative of the Company for the purpose of the Listing Rules and an authorised representative of the Company for the service of process and notices under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Mr. Tam Tak Wah (“Mr. Tam”), an Executive Director of the Company, has been appointed as an authorised representative of the Company for the purpose of the Listing Rules and an authorised representative of the Company for the service of process and notices under the Companies Ordinance (Chapter 622 of the Laws of Hong Kong).

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The Board would like to take this opportunity to express its gratitude and appreciation to Mr. Suen for his valuable contribution to the Company during his tenure of office.

By order of the Board Skyway Securities Group Limited Ng Kwok Leung Chief Executive Officer

Hong Kong, 29 February 2016

As at the date of this announcement, the Board comprises:

Executive Directors: Independent Non-executive Directors: Mr. Ng Kwok Leung Mr. Siu Siu Ling Robert (Chief Executive Officer) Mr. Chan Kwan Pak Mr. Tam Tak Wah Mr. Siu Gee Tai

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