Sinopec Engineering Group Co Ltd. — Capital/Financing Update 2017

Feb 7, 2017

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 the securities of the Company.

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UNIVERSE INTERNATIONAL FINANCIAL HOLDINGS LIMITED 寰宇國際金融控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 1046)

COMPLETION OF PLACING OF NEW SHARES UNDER GENERAL MANDATE

Placing Agent

The Board is pleased to announce that the condition precedent set out in the GM Placing Agreement had been fulfilled, and completion of the GM Placing took place on 7 February 2017 in accordance with the terms and conditions of the GM Placing Agreement.

An aggregate of 106,660,000 GM Placing Shares, which represent approximately 16.67% of the issued share capital of the Company immediately after completion of the GM Placing, have been successfully placed to not less than six Placees, who and whose ultimate beneficial owners are Independent Third Parties, at the Placing Price of HK$0.519 per GM Placing Share. The net proceeds from the GM Placing (after deduction of commission and other expenses of the Placing) are approximately HK$53.2 million.

Reference is made to the announcement of Universe International Financial Holdings Limited (“ Company ”) dated 18 January 2017 (“ Announcement ”) in relation to, among other matters, the GM Placing. Capitalised terms used in this announcement shall have the same meanings as defined in the Announcement unless otherwise stated.

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The Board is pleased to announce that the condition precedent set out in the GM Placing Agreement had been fulfilled, and completion of the GM Placing took place on 7 February 2017 in accordance with the terms and conditions of the GM Placing Agreement.

An aggregate of 106,660,000 GM Placing Shares, which represent approximately 16.67% of the issued share capital of the Company immediately after completion of the GM Placing, has been successfully placed to not less than six Placees who and whose ultimate beneficial owners are Independent Third Parties, at the Placing Price of HK$0.519 per GM Placing Share. The net proceeds from the GM Placing (after deduction of commission and other expenses of the Placing) are approximately HK$53.2 million.

To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, (i) each of the Placees and where appropriate, their respective ultimate beneficial owners, is an Independent Third Party; and (ii) none of the Placees has become a substantial shareholder (within the meaning of the Listing Rules) of the Company immediately upon completion of the GM Placing.

EFFECTS ON SHAREHOLDING STRUCTURE OF THE COMPANY

The table below sets out the changes to the shareholding structure of the Company as a result of completion of the GM Placing:

Shareholders Unique Prosperity Limited (Note 1) Globalcrest Enterprises Limited (Note 2) Placees (Note 3) Other public Shareholders Total	Immediately before completion of the GM Placing Number of Shares Approximate % 143,573,276 26.92 17,021,853 3.19 8,261,765 1.55 364,465,382 68.34 533,322,276 100.00	Immediately after completion of the GM Placing Number of Shares Approximate % 143,573,276 22.43 17,021,853 2.66 114,921,765 17.96 364,465,382 56.95 639,982,276 100.00	Immediately after completion of the GM Placing Number of Shares Approximate % 143,573,276 22.43 17,021,853 2.66 114,921,765 17.96 364,465,382 56.95 639,982,276 100.00
			100.00

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Notes:

1. According to the Disclosure of Interests Notice filed on 11 October 2016, Unique Prosperity Limited held 143,573,276 Shares, representing approximately 26.92% of the issued share capital of the Company immediately before completion of the GM Placing and thus is a substantial shareholder. According to the aforesaid Disclosure of Interests Notice, Unique Prosperity Limited is owned as to 95% by Ms. Leung Yuet Kwan Belinda and 5% by Mr. Ng Yau Sing.

2. These 17,021,853 Shares are held by Globalcrest Enterprises Limited, which is wholly owned by Central Core Resources Limited. Central Core Resources Limited is the trustee of a discretionary trust founded by Mr. Lam Shiu Ming, Daneil, the chairman of the Board and an executive Director. As such, Mr. Lam Shiu Ming Daneil is deemed to be interested in all the 17,021,853 Shares held by Globalcrest Enterprises Limited. Certain immediate family members of Mr. Lam Shiu Ming, Daneil are discretionary objects of the aforesaid discretionary trust.

3. It is a term of the GM Placing Agreement that none of the Placees shall become a substantial shareholder of the Company upon the completion of the GM Placing.

On behalf of the Board Universe International Financial Holdings Limited Lam Shiu Ming, Daneil Chairman and Executive Director

Hong Kong, 7 February 2017

As at the date of this announcement, the executive Directors are Mr. Lam Shiu Ming, Daneil, Mr. Hung Cho Sing and Mr. Lam Kit Sun, and the independent non-executive Directors are Mr. Lam Chi Keung, Mr. Choi Wing Koon and Ms. Cheng Lo Yee.

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