Sinopec Engineering Group Co Ltd. — Capital/Financing Update 2016

Oct 18, 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.

==> picture [49 x 55] intentionally omitted <==

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)

PROPOSED ISSUE OF NOTES

This announcement is made by Universe International Financial Holdings Limited (“ Company ”, together with its subsidiaries, the “ Group ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (“ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (“ Stock Exchange ”) and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).

The board (“ Board ”) of directors (“ Directors ”) of the Company announces that after trading hours on 18 October 2016, the Company as the issuer and Convoy Asset Management Limited (“ Placing Agent ”) as the placing agent entered into a placing agreement (“ Placing Agreement ”) pursuant to which the Placing Agent agreed to act as placing agent of the Company, on a best endeavor basis, to procure the placee(s) to subscribe for the 6.25% per annum notes (“ Notes ”) to be issued by the Company in an aggregate principal amount of up to HK$60,000,000 maturing on the second anniversary of the issue date of the Notes at the placing price equal to 100% of the principal amount of the Notes (“ Placing ”).

The placing period (“ Placing Period ”) for the Placing shall commence on the date of the Placing Agreement and end on the first anniversary of the date of the Placing Agreement. It is expected that multiple closings in respect of the issue of the Notes will take place. If the aggregate principal amount of the Notes successfully placed by the Placing Agent in respect of each closing is less than HK$10,000,000, the Company is not obliged to issue the Notes to the placee(s) pursuant to the Placing Agreement and has the absolute discretion on determining whether the Notes shall be so issued. The Company will update its shareholders (“ Shareholders ”) and the public as to the aggregate amount of the Notes issued from time to time in its financial reports.

The Notes will constitute direct, unconditional, unsubordinated and unsecured obligations of the Company which will rank equally and without any preference amongst themselves and at all times rank at least pari passu with all other present and future direct, unconditional, unsubordinated and unsecured obligations of the Company. No listing of the Notes will be sought on the Stock Exchange or any other stock exchanges.

1

To the best of the knowledge, information and belief of the Directors having made all reasonable enquiries, each of the Placing Agent and its ultimate beneficial owners is not a connected person (within the meaning of the Listing Rules) of the Company.

The Group is principally engaged in securities brokerage and margin financing, money lending, properties and securities investment, film distribution and exhibition, licensing and sub-licensing of film rights, trade, wholesale and retail of optical products, watch and jewellery products.

The Directors consider that the Placing represents an opportunity to obtain funding, which is intended to be used to finance the margin financing business of the Group and any potential investment opportunities of the Group that may arise from time to time. The Board is of the view that the transactions contemplated by the Placing Agreement and the issue of the Notes are in the interests of the Company and the Shareholders as a whole.

Shareholders and potential investors should note that under the Placing Agreement, the Placing is undertaken on a best endeavour basis. As the Placing may or may not proceed, Shareholders and potential investors are reminded to exercise caution when dealing in the securities of the Company.

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

Hong Kong, 18 October 2016

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, the non-executive Director is Mr. Chan Shiu Kwong Stephen, and the independent non-executive Directors are Mr. Lam Wing Tai, Mr. Choi Wing Koon and Mr. Lam Chi Keung.

2