PINE Technology Holdings Limited — Capital/Financing Update 2017

Nov 1, 2017

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Monthly Return of Equity Issuer on Movements in Securities

For the month ended (dd/mm/yyyy) : 31/10/2017

To : Hong Kong Exchanges and Clearing Limited

Name of Issuer Date Submitted	PINE Technology Holdings Limited
	01/11/2017

I. Movements in Authorised Share Capital

1. Ordinary Shares

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(1) Stock code : 1079 Description : Ordinary Shares
Par value Authorised share
No. of ordinary (State capital
shares currency) (State currency)
Balance at close of preceding month 2,000,000,000 $0.10 $200,000,000.00
- -
Increase/(decrease)
Balance at close of the month 2,000,000,000 $0.10 $200,000,000.00
(2) Stock code : N/A Description :
Par value Authorised share
No. of ordinary (State capital
shares currency) (State currency)
Balance at close of preceding month
Increase/(decrease)
Balance at close of the month
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1. Preference Shares

Stock code : N/A Description : Balance at close of preceding month Increase/(decrease) Balance at close of the month

No. of Par value Authorised share preference (State capital shares currency) (State currency)

3. Other Classes of Shares

Stock code : N/A Description : No. of other Par value Authorised share classes of (State capital shares currency) (State currency) Balance at close of preceding month Increase/(decrease) Balance at close of the month

Total authorised share capital at the end of the month (State currency) : $200,000,000.00

II. Movements in Issued Share Capital

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No. of ordinary shares No of preference No. of other
(1) (2) shares classes of shares
Balance at close of
preceding month 964,584,783 N/A N/A N/A
Increase/ (decrease)
during the month 141,316,956
Balance at close of
the month 1,105,901,739
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III. Details of Movements in Issued Share Capital

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Share Options (under Share Option Schemes of the Issuer)
Particulars of No. of new shares of No. of new shares of
share option issuer issued during issuer which may be
scheme the month pursuant issued pursuant
including EGM Movement during the month thereto thereto as at close of
approval date the month
(dd/mm/yyyy) and
class of shares
issuable Granted Exercised Cancelled Lapsed
1. Share Options
Scheme 2013
granted on
22 Sept. 2017
(22/11/2013)
shares - - - - - 12,000,000
(Note 1)
2.
( / / )
shares
(Note 1)
3.
( / / )
shares
(Note 1)
Total A. (Ordinary shares) 0
(Preference shares) -
(Other class) -
Total funds raised during the month from exercise
of options (State currency) HK$0
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Warrants to Issue Shares of the Issuer which are to be Listed

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No. of new No. of new
shares of shares of
issuer issuer which
issued may be
during the issued
Nominal value month pursuant
Currency at close of Exercised Nominal value pursuant thereto as at
Description of warrants of nominal preceding during the at close of the thereto close of the
(Date of expiry - dd/mm/yyyy) value month month month month
1.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
2.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
3.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
4.
( / / )
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
Total B. (Ordinary shares) -
(Preference shares) -
(Other class) -
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Convertibles (i.e. Convertible into Shares of the Issuer which are to be Listed)

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No. of new No. of new
shares of shares of
issuer issuer which
issued may be
during the issued
month pursuant
Amount at pursuant thereto as at
Currency of close of Converted Amount at thereto close of the
amount preceding during the close of the month
Class and description outstanding month month month
1.
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy)) ( / / )
2.
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
3.
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
4.
Stock code (if listed)
Class of shares
issuable (Note 1)
Subscription price
EGM approval date
(if applicable)
(dd/mm/yyyy) ( / / )
Total C. (Ordinary shares) -
(Preference shares) -
(Other class) -
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Any other Agreements or Arrangements to Issue Shares of the Issuer which are to be Listed, including Options (other than under Share Option Schemes)

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No. of new shares No. of new shares of
of issuer issued issuer which may be
during the month issued pursuant
pursuant thereto thereto as at close of
Full particulars including EGM approval date (dd/mm/yyyy), the month
if applicable, and class of shares issuable:
1.
( / / )
shares (Note 1)
2.
( / / )
shares (Note 1)
3.
( / / )
shares (Note 1)
-
Total D. (Ordinary shares)
-
(Preference shares)
-
(Other class)
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Other Movements in Issued Share Capital

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No. of new No. of new
shares of shares of
issuer issuer which
issued may be
during the issued
month pursuant
pursuant thereto as at
thereto close of the
Type of Issue month
Class of shares _
issuable (Note 1)
State Issue and allotment ( / / )
1. Rights issue At price :
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares _
issuable (Note 1)
State Issue and allotment ( / / )
2. Open offer At price :
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares Ordinary
issuable (Note 1)
3. Placing At price : State HK$0.64 Issue and allotment (11/10/2017)
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
141,316,956
Class of shares __
issuable (Note 1)
Issue and allotment ( / / )
4. Bonus issue
date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
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No. of new No. of new
shares of shares of
issuer issuer which
issued may be
during the issued
month pursuant
pursuant thereto as at
thereto close of the
Type of Issue month
Class of shares _
issuable (Note 1)
State Issue and allotment ( / / )
5. Scrip dividend At price :
currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares _
repurchased (Note 1)
6. Repurchase of Cancellation date : ( / / )
shares (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares _
redeemed (Note 1)
7. Redemption of Redemption date : ( / / )
shares (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
Class of shares _
issuable (Note 1)
8. Consideration State Issue and allotment ( / / )
At price :
issue currency date : (dd/mm/yyyy)
( / / )
EGM approval date:
(dd/mm/yyyy)
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Type of Issue

1. Capital reorganisation

No. of new No. of new shares of shares of issuer issuer which issued may be during the issued month pursuant pursuant thereto as at thereto close of the month Class of shares _ issuable (Note 1)_ Issue and allotment ( / / ) date : (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy)

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Class of shares _ issuable (Note 1)_ 10. Other State (Please specify)[At price : ] currency Issue and allotment ( / / ) date : (dd/mm/yyyy) ( / / ) EGM approval date: (dd/mm/yyyy)

Total E. (Ordinary shares) 141,316,956 - (Preference shares) - (Other class)

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Total increase / (decrease) in ordinary shares during the month (i.e. Total of A to E): (1) 141,316,956
(2) 0
Total increase / (decrease) in preference shares during the month (i.e. Total of A to E): 0
Total increase / (decrease) in other classes of shares during the month (i.e. Total of A to
E): 0
(These figures should be the same as the relevant figures under II above (“Movements in Issued Share Capital”).)
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Remarks (if any):

As disclosed in the announcement dated 11 October 2017, an aggregate of 141,316,956 Placing

Shares had been allotted and issued to not less than six Placees at the Placing Price of HK$0.64 per Placing Share under General Mandate.

Submitted by: ________ Chan Cheuk Ho

Title: ______ Company Secretary (Director, Secretary or other duly authorised officer)

Notes :

1. State the class of shares (e.g. ordinary, preference or other).

2. If there is insufficient space, please append the prescribed continuation sheet.