Ngai Shun : Announcements and Notices - Delay in Despatch of Circular Relating to the Major and Connected Transaction in Relation to the Disposal of 51% of the Issued Share Capital of Pearl Swirls Limited

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Ngai Shun Holdings Limited

毅 信 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 01246)

DELAY IN DESPATCH OF CIRCULAR RELATING TO THE MAJOR

AND CONNECTED TRANSACTION IN RELATION TO THE DISPOSAL OF 51% OF THE ISSUED SHARE CAPITAL OF PEARL SWIRLS LIMITED

Reference is made to the announcements of Ngai Shun Holdings Limited (the ''Company'') dated 18 July 2017 (the ''Announcement'') and 26 July 2017 respectively in relation to, amongst others, a major and connected transaction of the Company in relation to the disposal of 51% of the issued share capital of Pearl Swirls Limited. Unless otherwise defined herein, capitalised terms used herein shall have the same meanings as defined in the Announcement.

As disclosed in the Announcement, a circular containing, among other things, further details of the Agreement and the Disposal and a notice of the EGM is expected to be despatched to the Shareholders on or before 9 August 2017.

As additional time is required for finalising the circular, the despatch date of the circular is expected to be postponed to on or before 8 September 2017.

By order of the Board

Ngai Shun Holdings Limited Mock Wai Yin

Executive Director and Chairman

Hong Kong, 9 August 2017

As at the date of this announcement, the Company has (i) two executive Directors, namely Mr. Mock Wai Yin and Dr. Wong Yun Kuen; (ii) one non-executive Director, namely Mr. Chui Kwong Kau; and (iii) three independent non-executive Directors, namely Mr. Lam Chi Wai, Mr. Eric Todd and Mr. Chai Chi Man.

In the case of any inconsistency, the English text of this announcement shall prevail over the Chinese text.