Common use of GEM LISTING RULES IMPLICATIONS Clause in Contracts

GEM LISTING RULES IMPLICATIONS. As certain applicable percentage ratios (as defined under the GEM Listing Rules) in respect of the Loan are more than 5% but all percentage ratios are less than 25%, the grant of the Loan under the Loan Agreement constitutes a discloseable transaction of the Company under Chapter 19 of the GEM Listing Rules and is therefore subject to the notification and announcement requirements under the GEM Listing Rules.

GEM LISTING RULES IMPLICATIONS. As certain one of the applicable percentage ratios (as defined under the GEM Listing Rules) in respect of the Loan are aggregate amount of financial assistance granted to the Customers was more than 5% but all percentage ratios are less than 25%, the grant of the Loan secured loans granted under the Loan Agreement Agreements constitutes a discloseable transaction of the Company under Chapter 19 of the GEM Listing Rules and is therefore subject to the notification reporting and announcement requirements under the GEM Listing Rules.

GEM LISTING RULES IMPLICATIONS. As certain the highest applicable percentage ratios ratio (as defined under the GEM Listing Rules) in respect of the Loan are Agreement in aggregate with the Existing Loan Agreement is more than 5% but all percentage ratios are less than 25%, the grant of the Loan under the Loan Agreement constitutes in aggregate with the Existing Loan Agreement constitute a discloseable transaction of the Company under Chapter 19 of the GEM Listing Rules and is therefore subject to the notification reporting and announcement requirements under the GEM Listing Rules.

GEM LISTING RULES IMPLICATIONS. As certain of the applicable percentage ratios (as defined under the GEM Listing Rules) in respect of the grant of the Loan are Facility were more than 5% but all percentage ratios are less than 25%, the grant of the Loan Facility granted under the Loan Agreement constitutes a discloseable transaction of the Company under Chapter 19 of the GEM Listing Rules and is therefore subject to the notification reporting and announcement requirements under the GEM Listing Rules.