Vision Values Holdings Ltd. — Capital/Financing Update 2016

May 24, 2016

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.

VISION VALUES HOLDINGS LIMITED 遠見控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 862)

DISCLOSEABLE TRANSACTION ACQUISITION OF CORPORATE BOND

The Company acquired a Corporate Bond in a series of transactions conducted between 26 April and 23 May 2016 with a total nominal value of US$2,000,000 at an aggregate consideration of US$2,047,000 (equivalent to approximately HK$15,600,000 and HK$15,967,000 respectively).

As one of the applicable percentage ratios calculated under Rule 14.07 of the Listing Rules with respect to the Bond Acquisition is more than 5% but below 25%, the Bond Acquisition constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules, and is subject to the reporting and announcement requirements but exempt from the circular and Shareholder’s approval under the Listing Rules.

BOND ACQUISITION

• Date : Between 26 April and 23 May 2016

• Acquiror : The Company

• Issuer : CLP Power Hong Kong Financing Ltd., a company incorporated in British Virgin Islands with limited liability. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Issuer is Independent Third Party.

• Guarantor : CLP Power Hong Kong Limited, a company incorporated in Hong Kong with limited liability.

• Nominal Value and : The total nominal value is US$2,000,000 (equivalent to approximately Consideration of the HK$15,600,000). The total consideration is US$2,047,000 (equivalent to Corporate Bond approximately HK$15,967,000). The acquisitions were made by cash.

• Maturity : 26 October 2027 Coupon rate : 3.375% per annum payable at semi-annually

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The Bond Acquisition was funded by internal resources of the Group. The Corporate Bond was acquired through a broker from the market.

REASONS FOR THE BOND ACQUISITION

The Group is principally engaged in the provision of network solutions and project services, property investment, yacht building in Hong Kong and minerals exploration in Mongolia.

The Group has been exploring various options with reasonable yields to maximize its investment income for long-term investment purpose. The Corporate Bond acquired by the Company offers a better and stable return on cash for the Group, and the Board considers that the terms of the Bond Acquisition are fair and reasonable and is in the interests of the Company and the Shareholders as a whole.

GENERAL

As one of the applicable percentage ratios calculated under Rule 14.07 of the Listing Rules with respect to the Bond Acquisition is more than 5% but below 25%, the Bond Acquisition constitutes a discloseable transaction of the Company under Chapter 14 of the Listing Rules, and is subject to the reporting and announcement requirements but exempt from the circular and Shareholder’s approval under the Listing Rules.

DEFINITIONS

In this announcement, the following expressions have the meanings set out below unless the context otherwise requires:

• “Board” the board of Directors

• “Bond Acquisition” the acquisition of Corporate Bond with a total nominal value of US$2,000,000 by the Company

• “Company” Vision Values Holdings Limited (Stock code: 862), a company incorporated in Cayman Islands with limited liability, the shares of which are listed on The Stock Exchange of Hong Kong Limited

• “Corporate Bond” interest bearing instruments of indebtedness issued by the issuer

• “Director(s)” the director(s) of the Company

• “Group” the Company and its subsidiaries “HK$” Hong Kong dollar, the lawful currency of Hong Kong

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“Hong Kong”

the Hong Kong Special Administrative Region of the People’s Republic of China

“Independent Third	person(s) who or company(ies) together with its/their ultimate
Party”	beneficial owner(s) which, to the best of the Directors’ knowledge,
	information and belief having made all reasonable enquiry, is/are third
	party(ies) independent of the Company and its connected person(s)
“Listing Rules”	the Rules Governing the Listing of Securities on The Stock Exchange
	of Hong Kong Limited
“Shareholder(s)”	person(s) whose name(s) appear in the register of members of the
	Company as the holder(s) of the share(s) of the Company
“US$”	United States Dollar, the lawful currency of United States of America
“%”	per cent

In this announcement, US$ has been converted to HK$ at the rate of HK$1 = US$7.80 for illustration purpose only. No representation is made that any amounts in US$ or HK$ have been, could have been or could be converted at the above rate or at any other rates or at all.

By Order of the Board

Vision Values Holdings Limited Tang Chi Kei Company Secretary

Hong Kong, 24 May 2016

As at the date of this announcement, the Board comprises two executive Directors namely Mr. Lo Lin Shing, Simon and Mr. Ho Hau Chong, Norman and three independent non-executive Directors namely Mr. Tsui Hing Chuen, William JP, Mr. Lau Wai Piu and Mr. Lee Kee Wai, Frank.

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