Wang On Group Limited — Capital/Financing Update 2014

Oct 20, 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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POSITIVE PROFIT ALERT

This announcement is made by the Company pursuant to Rule 13.09 of the Listing Rules and Inside Information Provisions under Part XIVA of the SFO.

The Board wishes to inform the shareholders and potential investors of the Company that based on the preliminary review on the draft unaudited consolidated management accounts of the Group for the six months ended 30 September 2014, the Group is expected that the profit attributable to owners of the Company for the six months ended 30 September 2014 will increase substantially by approximately 40% as compared to the corresponding period in 2013, which is mainly due to, among other things, the increase in turnover contribution from property development projects, the increase in change in fair value gain of financial assets at fair value through profit or loss and an increase in fair value on revaluation of investment properties, despite an impairment loss on available-for-sale investments.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “ SFO ”).

The board of directors (the “ Board ”) of Wang On Group Limited (宏安集團有限公司)[] (the “ Company ” and together with its subsidiaries, the “ Group* ”) wishes to inform the shareholders and potential investors of the Company that the Group is expected that the profit attributable to owners of the Company for the six months ended 30 September 2014 will increase substantially by approximately 40% as compared to the corresponding period in 2013, which is primarily attributable to, among other things, the increase in turnover contribution from property development projects, the increase in change in fair value gain of financial assets at fair value through profit or loss and an increase in fair value on revaluation of investment properties, despite an impairment loss on available-for-sale investments.

* For identification purpose only

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As the Company is still in the course of preparing its interim results for the six months ended 30 September 2014, the information contained in this announcement is only based on the preliminary review of the draft unaudited consolidated management accounts of the Group for the six months ended 30 September 2014 which have yet to be confirmed. The unaudited consolidated interim results of the Group for the six months ended 30 September 2014 are expected to be announced by the Company before the end of November 2014.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.

By Order of the Board WANG ON GROUP LIMITED ( 宏安集團有限公司 )[] Chan Chun Hong, Thomas* Managing Director

Hong Kong, 20 October 2014

As at the date of this announcement, the executive directors of the Company are Mr. Tang Ching Ho, Ms. Yau Yuk Yin and Mr. Chan Chun Hong, Thomas and the independent non-executive directors of the Company are Dr. Lee Peng Fei, Allen, Mr. Wong Chun, Justein, Mr. Siu Yim Kwan, Sidney and Mr. Siu Kam Chau.

• For identification purpose only

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