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S E A Holdings Limited Capital/Financing Update 2015

Jul 30, 2015

49068_rns_2015-07-30_0ae55267-1670-4b69-8a46-4fe27e2aa4ea.pdf

Capital/Financing Update

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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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

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The Hong Kong Building and Loan Agency Limited 香港建屋貸款有限公司

(Incorporated in Hong Kong with limited liability)

(Stock code: 145)

COMPLETION OF PLACING OF NEW SHARES UNDER GENERAL MANDATE

Placing Agent

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The Company is pleased to announce that the conditions precedent to the Placing have been fulfilled and completion of the Placing took place on 30 July 2015 and a total of 50,000,000 Placing Shares have been successfully placed to not less than six Placees at the Placing Price.

Reference is made to the announcement of the Company dated 21 July 2015 relating to the Placing (the “ Announcement ”). Unless otherwise stated herein, capitalized terms used in this announcement shall have the same meaning as defined in the Announcement.

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COMPLETION OF THE PLACING

The Board is pleased to announce that the conditions precedent to the Placing have been fulfilled and the completing of the Placing took place on 30 July 2015. A total of 50,000,000 Placing Shares have been placed by the Placing Agent at the Placing Price of HK$0.89 per Placing Share to not less than six Placees, who and whose ultimate beneficial owners are, to the Placing Agent’s best knowledge and belief having made all reasonable enquiries, third parties independent of and not connected with the Company and its connected persons. In addition, the Placing Agent has also confirmed that none of the Placees has become a substantial shareholder (as defined in the Listing Rules) of the Company as a result of the Placing. The 50,000,000 Placing Shares represent (i) approximately 2.75% of the issued share capital of the Company immediately before completion of the Placing and (ii) approximately 2.68% of the issued share capital of the Company immediately after completion of the Placing as enlarged by the issue and allotment of the Placing Shares.

The net proceeds from the Placing, after deducting the relating placing commission, professional fees and other related expenses, amounted to approximately HK$42.9 million (HK$0.858 per Placing Share). The Company intends to utilize the net proceeds from the Placing for possible investments in the future when opportunities arise and/or for general working capital of the Group.

By Order of the Board

The Hong Kong Building and Loan Agency Limited Diana Liu He Executive Director

Hong Kong, 30 July 2015

As at the date hereof, the board of directors of the Company comprises Mr. So Yuen Chun, Ms. Diana Liu He, Dr. Li Ai Guo and Mr. Cai Wen Wei being executive Directors; Mr. Lam Kwok Hing, Wilfred and Mr. Huang Lizhi being non-executive Directors; and Mr. Yeung Wai Hung, Peter, Ms. Yuen Wai Man and Mrs. Chu Ho Miu Hing being independent non-executive Directors.

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