Sinopec Engineering Group Co Ltd. — Regulatory Filings 2018

Nov 21, 2018

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 [93 x 55] intentionally omitted <==

UNIVERSE ENTERTAINMENT AND CULTURE GROUP COMPANY LIMITED 寰宇娛樂文化集團有限公司

( formerly known as 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)

GRANT OF WAIVER FROM STRICT COMPLIANCE WITH THE PUBLIC FLOAT REQUIREMENT

Reference is made to the composite offer and response document dated 26 October 2018 (the “ Composite Document ”) jointly issued by Pioneer Entertainment Group Limited (the “ Offeror ”) and Universe Entertainment and Culture Group Company Limited (the “ Company ”) in relation to, amongst other things, the Offer and the announcement dated 16 November 2018 jointly issued by the Offeror and the Company in relation to, among other things, the close and the results of the Offer and the public float of the Company (the “ Announcement ”). Unless otherwise defined herein, terms used in this announcement shall have the same meanings as those defined in the Composite Document.

As disclosed in the Announcement, following the close of the Offer, 145,655,403 Shares, representing approximately 16.07% of the issued share capital of the Company, were held by the public (within the meaning of the Listing Rules), which was less than 25% of the existing issued share capital of the Company as required under Rule 8.08(1)(a) of the Listing Rules. Accordingly, the Company is not able to satisfy the public float requirement under the Listing Rules. An application was made to the Stock Exchange for a temporary waiver to the Company from the strict compliance with the public float requirement under Rule 8.08(1)(a) of the Listing Rules for the period from 16 November 2018 to 16 January 2019 (the “ Waiver ”). On 21 November 2018, the Stock Exchange granted the Waiver to the Company.

– 1 –

Further announcement(s) will be made by the Company regarding the restoration of the minimum public float as and when appropriate in compliance with the Listing Rules.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the Shares.

By order of the Board of Universe Entertainment and Culture Group Company Limited Lam Shiu Ming, Daneil Chairman and executive Director

Hong Kong, 21 November 2018

As at the date of this announcement, the executive Directors are Mr. Lam Shiu Ming, Daneil, Mr. Hung Cho Sing, Mr. Lam Kit Sun and the independent non-executive Directors are Mr. Choi Wing Koon, Mr. Lam Chi Keung, Mr. Tang Yiu Wing, Mr. Chong Ki Ming and Mr. Wong Cheuk Wai, Jason.

– 2 –