Television Broadcasts Limited — Share Issue/Capital Change 2017

Mar 16, 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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China Fortune Financial Group Limited

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 290) Website: http://www.290.com.hk

EFFECTIVE DATE FOR CAPITAL REORGAnISATIOn AnD FREE EXCHAnGE OF SHARE CERTIFICATES

The Board is pleased to announce that the Court has approved the Capital Reduction at the hearing held on 14 March 2017 (Cayman Islands time), and a copy of the order granted by the Court sanctioning the Capital Reduction and the minutes approved by the Court were filed and duly registered with the Registrar of Companies in the Cayman Islands on 14 March 2017 (Cayman Islands time). Accordingly, all the conditions precedent for the implementation of the Capital Reorganisation were fulfilled and the Capital Reorganisation became effective on 15 March 2017 (one business day after the registration date due to time difference between Hong Kong and the Cayman Islands).

Reference is made to the announcements of the Company dated 21 September 2016 and 5 January 2017 respectively and the circular of the Company dated 13 December 2016 (the “ Circular ”) in relation to, among other things, the Capital Reorganisation. Unless defined otherwise, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

The Board is pleased to announce that the Court has approved the Capital Reduction at the hearing held on 14 March 2017 (Cayman Islands time), and a copy of the order granted by the Court sanctioning the Capital Reduction and the minutes approved by the Court were filed and duly registered with the Registrar of Companies in the Cayman Islands on 14 March 2017 (Cayman Islands time). Accordingly, all the conditions precedent for the implementation of the Capital Reorganisation (i.e. the Capital Reduction and the Increase in Authorised Share Capital) were fulfilled and the Capital Reorganisation became effective on 15 March 2017 (one business day after the registration date due to time difference between Hong Kong and the Cayman Islands).

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Immediately after the completion of the Capital Reorganisation and assuming no Shares are issued or repurchased, the authorised share capital of the Company is HK$200,000,000 divided into 20,000,000,000 New Shares, with 4,036,728,859 New Shares being in issue and 15,963,271,141 New Shares remaining unissued.

Free Exchange of Share Certificates

Shareholders may, during the period from Monday, 20 March 2017 to Friday, 28 April 2017 on every business day from 9:00 a.m. to 4:00 p.m. (both days inclusive), submit their existing certificates for the Shares in yellow colour to the Company’s branch share registrar and transfer office in Hong Kong, Union Registrars Limited, at Suites 3301-04, 33/F., Two Chinachem Exchange Square, 338 King’s Road, North Point, Hong Kong, for exchange, at the expense of the Company, for new certificates in beige colour for the New Shares. Thereafter, certificates for the Shares will be accepted for exchange only on payment of a fee of HK$2.50 (or such higher amount as may from time to time be allowed by the Stock Exchange) by the Shareholders for each certificate issued or cancelled, whichever is higher. All existing certificates of the Shares will continue to be evidence of title to such Shares and be valid for delivery, trading and settlement purpose.

Timetable

Set out below is the timetable for the implementation of the Capital Reorganisation:

Key EventDate(Hong Kong time)Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . . . . . 15 March 2017First day for free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Commencement of dealings in the New Shareson the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Last day of free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . . 28 April 2017	Key EventDate(Hong Kong time)Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . . . . . 15 March 2017First day for free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Commencement of dealings in the New Shareson the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Last day of free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . . 28 April 2017	Key EventDate(Hong Kong time)Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . . . . . 15 March 2017First day for free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Commencement of dealings in the New Shareson the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Last day of free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . . 28 April 2017	Key EventDate(Hong Kong time)Effective date of the Capital Reorganisation . . . . . . . . . . . . . . . . . . . . . . 15 March 2017First day for free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Commencement of dealings in the New Shareson the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 March 2017Last day of free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . . . . . . . . . . . 28 April 2017
	on the Stock Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . st day of free exchange of existing certificatesfor new certificates for the New Shares . . . . . . . . . . . . . . . .	. . . . . . . . 20 Ma. . . . . . . . . 28 A	rch 2017pril 2017
	By orderChina Fortune FXI	of the Board ofinancial GroupE Zhichun

By order of the Board of China Fortune Financial Group Limited XIE Zhichun Executive Director and Chairman

Hong Kong, 16 March 2017

As at the date of this announcement, the Board consists of three executive Directors, namely Mr. XIE Zhichun (Chairman), Mr. HON Chun Yu and Ms. FU Wan Sheung; two non-executive Directors, namely Mr. TANG Baoqi and Mr. WU Ling; and two independent non-executive Directors, namely Mr. CHAN Kin Sang and Mr. NG Kay Kwok.

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