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Suncorp Technologies Limited Regulatory Filings 2016

Mar 30, 2016

49658_rns_2016-03-30_4f5c9ea9-3fc1-49dd-84f4-1814698ad1c6.pdf

Regulatory Filings

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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.

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FRONTIER SERVICES GROUP LIMITED 先豐服務集團有限公司 *

(Incorporated in Bermuda with limited liability)

(Stock code: 00500)

CLARIFICATION OF CERTAIN INFORMATION CONTAINED IN A PRESS ARTICLE AND RESUMPTION OF TRADING

This announcement is made by Frontier Services Group Limited (“ FSG ” or the “ Company ”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the “ Listing Rules ”) on The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Future Ordinance (Chapter 571 of the laws of Hong Kong).

The Company is aware of a recent media report published by The Intercept (the “ Article ”) containing certain misleading and false information of the Company and/or the chairman of the Company, Mr. Erik Prince (the “ Chairman ”), and wishes to clarify to the shareholders and investors that:

  1. FSG was not involved in allegedly unlawful conduct described in the Article.

  2. FSG has strict protocols in place and has a board-level committee to review any high-risk project, which would include any proposal in relation to restricted countries.

  3. FSG has had bright line policies against providing defense services involving U.S. persons or U.S. technology and purchasing U.S. origin items or foreign origin items with U.S. components that might be ITAR-controlled.

  4. FSG has not offered to provide ITAR-controlled defense services to Libya.

  5. FSG retains U.S. counsel to guide it on the above matters and has followed counsel’s advice.

  • For identification purposes only

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  1. The Chairman has confirmed that he was not involved in allegedly unlawful conduct described in the Article.

  2. The Chairman has confirmed that he is not aware of any investigation from any authority against him.

RESUMPTION OF TRADING

At the request of the Company, trading in the shares of the Company (the “ Shares ”) on the Stock Exchange was halted from 9:00 a.m. on 29 March 2016 pending the release of this announcement. An application has been made to the Stock Exchange for the resumption of trading in the Shares on the Stock Exchange with effect from 9:00 a.m. on 31 March 2016.

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

By Order of the Board FRONTIER SERVICES GROUP LIMITED Chan Kam Kwan, Jason Company Secretary

Hong Kong, 30 March 2016

As at the date of this announcement, the executive Directors are Mr. Erik D. Prince (Chairman), Mr. Ko Chun Shun, Johnson (Deputy Chairman), Mr. Luo Ning (Deputy Chairman), Mr. Gregg H. Smith (Chief Executive Officer) and Mr. Hu Qinggang; and the independent non-executive Directors are Mr. Yap Fat Suan, Henry, Professor Lee Hau Leung, Mr. William J. Fallon and Dr. Harold O. Demuren.

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