Suncorp Technologies Limited — Capital/Financing Update 2017

Mar 13, 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.

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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)

COMPLETION OF PLACING OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of Frontier Services Group Limited (the “ Company ”) dated 27 February 2017 (the “ Announcement ”) in relation to the proposed placing of new shares under general mandate. Unless defined otherwise, capitalized terms used herein shall have the same meanings as those defined in the Announcement.

COMPLETION OF THE PLACING

The Board is pleased to announce that the condition of the Placing has been fulfilled and completion of the Placing has taken place on 13 March 2017. An aggregate of 216,000,000 Placing Shares have been successfully placed by Luk Fook Securities (HK) Limited, the Placing Agent, to not less than six Placee, at the placing price of HK$0.90 per Placing Share. All the Placing Shares have been allotted and issued pursuant to the Placing Agreement today.

By Order of the Board

FRONTIER SERVICES GROUP LIMITED Chan Kam Kwan, Jason Company Secretary

Hong Kong, 13 March 2017

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), Dr. Hua Dongyi (Acting Chief Executive Officer) and Mr. Hu Qinggang; and the independent non-executive directors are Mr. Yap Fat Suan, Henry, Prof. Lee Hau Leung and Dr. Harold O. Demuren.

• For identification purposes only