Richly Field China Development Limited — M&A Activity 2019

May 30, 2019

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.

SUPERACTIVE GROUP COMPANY LIMITED 先機企業集團有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 0176)

SUPPLEMENTAL AGREEMENT; COMPLETION OF MAJOR TRANSACTION IN RELATION TO DISPOSAL OF THE ENTIRE ISSUED SHARES IN ALFORD INDUSTRIES LIMITED; AND DELAY IN DESPATCH OF THE CIRCULAR

Reference is made to the announcements (the “ Announcements ”) of Superactive Group Company Limited dated 6 May 2019 and 29 May 2019 in relation to the disposal of the entire issued shares in Alford Industries Limited (雅富實業有限公司). Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as ascribed to them in the Announcements.

SUPPLEMENTAL AGREEMENT

The Board announces that on 30 May 2019, the Vendor and the Purchaser entered into a supplemental agreement (the “ Supplemental Agreement ”) to rectify the inadvertent error regarding the creditor and debtor of the Relevant Amount which was incorrectly stated in the Sale and Purchase Agreement. Pursuant to the Supplemental Agreement, the Relevant Amount will be waived by the Target Company upon or before Completion.

Save as disclosed above, all other material terms and conditions of the Sale and Purchase Agreement shall remain unchanged and the Sale and Purchase Agreement shall continue in full force and effect.

−1 −

COMPLETION

The Board is pleased to announce that all conditions precedent to the Sale and Purchase Agreement have been fulfilled and Completion took place on 30 May 2019. The Relevant Amount was waived by the Target Company upon Completion. With effect from Completion, the Target Group ceased to be subsidiaries of the Company.

DELAY IN DESPATCH OF THE CIRCULAR

As disclosed in the announcement of the company dated 29 May 2019, additional time is required for the Company to prepare and finalise certain financial information for inclusion in the circular, the despatch date of the circular is therefore expected to be delayed to a date falling on or before 28 June 2019.

By Order of the Board Superactive Group Company Limited Yeung So Lai Chairman

Hong Kong, 30 May 2019

As at the date of this announcement, the Board comprises two executive Directors, namely Ms. Yeung So Lai and Mr. Lee Chi Shing Caesar; and three independent non-executive Directors, namely Mr. Chow Wai Leung William, Ms. Hu Gin Ing and Mr. Leung Man Man.

−2 −