Certain Ordinary Shares of Kwung's Holdings Limited are subject to a Lock-Up Agreement Ending on 16-JAN-2021. These Ordinary Shares will be under lockup for 367 days starting from 15-JAN-2020 to 16-JAN-2021. Details: The controlling shareholders, namely, Jin and King Harmony Limited have agreed to lock-up restrictions for a period of six months from the listing date. Which is expected to be January 16, 2020. The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company.