Tradelink Electronic Commerce Limited — M&A Activity 2014

Apr 9, 2014

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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KWOON CHUNG BUS HOLDINGS LIMITED 冠忠巴士集團有限公司[*]

(incorporated in Bermuda with limited liability)

(Stock Code: 0306)

APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER IN RELATION TO MANDATORY UNCONDITIONAL CASH OFFERS BY BNP PARIBAS SECURITIES (ASIA) LIMITED ON BEHALF OF BASIC FAITH COMPANY LIMITED TO ACQUIRE ALL THE ISSUED SHARES OF AND OPTIONS IN KWOON CHUNG BUS HOLDINGS LIMITED (OTHER THAN THOSE ALREADY OWNED OR AGREED TO BE ACQUIRED BY BASIC FAITH COMPANY LIMITED AND THE EXCLUDED CONCERT PARTIES)

Reference is made to the joint announcement (the “ Joint Announcement ”) of Kwoon Chung Bus Holdings Limited (the “ Company ”) and Basic Faith Company Limited (the “ Offeror ”) dated 7 April 2014 in relation to, among others, the Offers and the acquisition of Shares by the Offeror pursuant to the Wong Family Share Purchase Agreement and the First Action Share Purchase Agreement.

Capitalised terms used herein have the same meanings as those defined in the Joint Announcement unless the context requires otherwise. This announcement is made pursuant to Rule 2.1 of the Takeovers Code.

The Board is pleased to announce that Octal Capital Limited has been appointed, with the approval of the Independent Board Committee, as the independent financial adviser to the Independent Board Committee in connection with the Offers. Octal Capital Limited is a licensed corporation to carry out regulated activities Type 1 (dealing in securities) and Type 6 (advising on corporate finance) as defined under the Securities and Futures Ordinance.

• For identification purposes only

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The advice of Octal Capital Limited and the recommendation of the Independent Board Committee will be included in the Composite Offer Document relating to the Offers.

By order of the board of directors of Kwoon Chung Bus Holdings Limited Chan Kwok Kee, Andy Company Secretary

Hong Kong, 9 April 2014

As at the date of this announcement, the Board of Directors of the Company comprises Mr. Wong Chung Pak, Thomas, Mr. Wong Leung Pak, Matthew, Mr. Wong Wing Pak, Mr. Cheng Wai Po, Samuel and Mr. Chung Chak Man, William as executive Directors and Mr. Chan Bing Woon, SBS, JP, Mr. Sung Yuen Lam and Mr. Lee Kwong Yin, Colin as independent nonexecutive Directors.

The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement, and confirm, having made all reasonable inquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement contained in this announcement misleading.

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