Common use of GEM LISTING RULES IMPLICATIONS Clause in Contracts

GEM LISTING RULES IMPLICATIONS. As the applicable percentage ratio (as defined under the GEM Listing Rules) in respect of the Disposal is more than 5% but less than 25%, the Disposal constitutes a discloseable transaction for the Company under the GEM Listing Rules and is subject to notification and announcement requirements under Rule 19.34 of the GEM Listing Rules.

GEM LISTING RULES IMPLICATIONS. As one of the applicable percentage ratio (as defined under ratios calculated in accordance with the GEM Listing Rules) Rules in respect of the Disposal is more than 5% but less than 2575%, the Disposal constitutes a discloseable transaction for very substantial disposal of the Company under the GEM Listing Rules Rules. A circular containing, among other things, further details of the Disposal, notice of the SGM and is subject to notification and announcement requirements other information as required under Rule 19.34 of the GEM Listing RulesRules is expected to be despatched to the Shareholders on or before 19 November 2019.

GEM LISTING RULES IMPLICATIONS. As one or more of the relevant applicable percentage ratio (as defined under ratios calculated in accordance with the GEM Listing Rules) in respect of the Disposal Rules is more greater than 5% but less than 25%, the Disposal constitutes a discloseable transaction for the Company under Chapter 19 of the GEM Listing Rules and is subject to notification the reporting and announcement requirements but is exempted from shareholders’ approval requirement under Rule 19.34 of the GEM Listing Rules.

GEM LISTING RULES IMPLICATIONS. As one or more of the applicable percentage ratio ratios (as defined under the GEM Listing Rules) in respect of the Disposal is more than exceed 5% but all of them are less than 25%, the Disposal constitutes a discloseable transaction for of the Company under the GEM Listing Rules and is subject to notification the reporting and announcement requirements under Rule 19.34 Chapter 19 of the GEM Listing Rules.

GEM LISTING RULES IMPLICATIONS. As one or more of the applicable percentage ratio ratios (as defined under in the GEM Listing Rules) in respect of the Disposal is more greater than 5% but less than 25%, the Disposal constitutes a discloseable transaction for the Company under the GEM Listing Rules and is subject to notification reporting and announcement requirements under Rule 19.34 Chapter 19 of the GEM Listing Rules.