Mayer : DELAY IN DESPATCH OF CIRCULAR (in PDF)

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1116)

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of Mayer Holdings Limited (the "Company") dated

11 June 2019 in relation to the Acquisition (the "Announcement"). Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.

As disclosed in the Announcement, a circular in relation to the Acquisition (the "Circular") was expected to be despatched to the Shareholders on or before 3 July 2019. As additional time is required for the Company to prepare and finalise the contents of the Circular, the despatch of the Circular will be postponed to a date falling on or before 2 August 2019.

For and on behalf of the Board

Mayer Holdings Limited

Lee Kwok Leung

Chairman and Executive Director

Hong Kong, 3 July 2019

As at the date hereof, the Board comprises two executive directors, namely Mr. Lee Kwok Leung and Mr. Xu Lidi; one non-executive director, namely Mr. Wang Dongqi; and two independent non-executive directors, namely Mr. Lau Kwok Hung and Mr. Deng Shimin.

The English text of this announcement shall prevail over its Chinese text.

• For identification purpose only