Common use of IMPLICATION UNDER THE GEM LISTING RULES Clause in Contracts

IMPLICATION UNDER THE GEM LISTING RULES. As the highest applicable percentage ratio (as defined under the GEM Listing Rules) in respect of the Transaction exceeds 5% but is less than 25%, the Transaction constitutes a discloseable transaction for the Company under Chapter 19 of the GEM Listing Rules and is therefore subject to the notification and announcement requirements under Chapter 19 of the GEM Listing Rules.

IMPLICATION UNDER THE GEM LISTING RULES. As the highest applicable percentage ratio (as defined under the GEM Listing Rules) in respect of the Transaction Acquisition exceeds 5% but is less than 25%, the Transaction Acquisition constitutes a discloseable transaction for of the Company under Chapter 19 of the GEM Listing Rules and is therefore subject to the notification and announcement requirements under Chapter 19 of the GEM Listing Rules.