Walnut Capital Limited — Capital/Financing Update 2016

Jun 21, 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.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of Global Mastermind Capital Limited.

GLOBAL MASTERMIND CAPITAL LIMITED 環球大通投資有限公司[*]

(Incorporated in the Cayman Islands and continued in Bermuda with limited liability)

(Stock Code: 905)

COMPLETION OF ISSUE OF SHARES UNDER GENERAL MANDATE

The Board is pleased to announce that the conditions set out in the Subscription Agreement have been fulfilled and as agreed between the Company and the Subscriber, completion of the Subscription took place on 21 June 2016 in accordance with the terms of the Subscription Agreement.

A total of 84,000,000 Subscription Shares, representing approximately 16.64% of the issued share capital of the Company immediately after completion of the Subscription, have been allotted and issued to the Subscriber at the Subscription Price of HK$0.42 per Subscription Share.

Reference is made to the announcement of Global Mastermind Capital Limited (“Company”) dated 8 June 2016 (“Announcement”) in relation to the Subscription. Capitalised terms used herein shall have the same meanings as defined in the Announcement unless otherwise stated.

• For identification purposes only

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COMPLETION OF ISSUE OF SHARES UNDER GENERAL MANDATE

The Board is pleased to announce that the conditions set out in the Subscription Agreement have been fulfilled and as agreed between the Company and the Subscriber, completion of the Subscriptions took place on 21 June 2016 in accordance with the terms of the Subscription Agreement. A total of 84,000,000 Subscription Shares, representing approximately 16.64% of the issued share capital of the Company immediately after completion of the Subscription, have been allotted and issued to the Subscriber at the Subscription Price of HK$0.42 per Subscription Share

The net proceeds from the Subscription Shares are approximately HK$35.2 million, which will be used for future in investments when such investments opportunities arise.

EFFECTS ON SHAREHOLDING STRUCTURE OF THE COMPANY

The table below sets out the changes to the shareholding structure of the Company as a result of the completion of the Subscription:

Shareholder China Tian Di Xing Logistics Holdings Limited (Note) Public Shareholders Subscriber Total:	Immediately before completion of the Subscription Number of Shares % 104,858,000 24.92 315,975,925 75.08 – – 420,833,925 100.00	Immediately after completion of the Subscription Number of Shares % 104,858,000 20.77 315,975,925 62.59 84,000,000 16.64 504,833,925 100.00	Immediately after completion of the Subscription Number of Shares % 104,858,000 20.77 315,975,925 62.59 84,000,000 16.64 504,833,925 100.00
			100.00

Note: Mr. Mung Kin Keung, the executive Director, is a director and controlling shareholder of China Tian Di Xing Logistics Holdings Limited.

By Order of the Board Global Mastermind Capital Limited Mung Kin Keung Chairman

Hong Kong, 21 June 2016

As at the date of this announcement, the Board comprises two executive Directors, namely, Mr. Mung Kin Keung (Chairman), Mr. Mung Bun Man, Alan; and three independent nonexecutive Directors, namely, Mr. Man Kong Yui, Mr. Fung Wai Ching and Mr. Poon Wai Hoi, Percy.

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