Stream Ideas Group Limited — Capital/Financing Update 2019

Oct 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.

Stream Ideas Group Limited 源想集團有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 8401)

VOLUNTARY ANNOUNCEMENT

Reference is made to the voluntary announcement of Stream Ideas Group Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) dated 24 October 2019 (the “ Announcement ”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meaning as defined in the Announcement.

The Board is pleased to announce that all the conditions precedent under the share purchase agreement have been fulfilled and completion of the Transaction took place on 30 October 2019. Pursuant to the share purchase agreement, the Company has indirectly held the Sale Shares in the Target Company.

By Order of the Board Stream Ideas Group Limited Law Ka Kin Executive Director

Hong Kong, 30 October 2019

As at the date of this announcement, the Board of Directors comprises four executive Directors, namely Ms. Cheung Lee, Mr. Law Ka Kin, Mr. Lee Wing Leung Garlos and Mr. Leung Wai Lun; one non-executive Director, namely Mr. Lin Hung Yuan; and three independent non-executive Directors, namely Mr. Kwan Chi Hong, Mr. Fenn David and Mr. Ho Ho Tung Armen.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on GEM of the Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication and on the Company’s website at www.stream-ideas.com.