i

698 (i) 30% (ii) (iii) 25 26 27 60 18 29 A 80 82 338 2 33 3301-04 48

... 1... 5... 25... 27... 61... 75... 80 i

698 30% 1

1.60 182,325,000 2.81% 18 29 A 6 2

1.60 1,500,000 30% 571 0.01 3

Tongda Precision Technology (Singapore) Pte. Ltd. 30% 30% % 4

698 Century Yard Cricket Square Hutchins Drive P.O. Box 2681GT George Town Grand Cayman Cayman Islands 6 8 12 1201 02 (i) 30% (ii) 291,720,000 182,325,000 5

30%70% 30% 291,720,000 1.60 182,325,000 30% 303,200,000 6

(a) (b) (i) (ii) (iii) 675 8381002 1050 2283 (1) 18.3% 87.9% EBITDAEBIT 25.1 11.1 7

(2) 24.8% 43.7% EBITDA EBIT 388.5153.4 (3) 16.8% 43.5% EBITDA EBIT 94.9 31.6 (4) 14.5% 54.0% EBITDA EBIT 318.4 259.2 8

(5) 33.7% 65.1% EBITDA EBIT 493.4 395.1 (i) (ii) 9

30% 303,200,000 291,720,000 271% 171% 47.2 22.0 23.5 100% 1,010.7 212.1 35 1.60 (i) 1.23 30.08% (ii) 1.302 22.89% (iii) 301.484 7.82% (iv) 1.00 60.00% 10

(i) 2.90% (ii) 2.81% (a) (b) 40%72,930,000 (c) 70%127,627,500 (b) (d) 100%182,325,000 11

(2) (i) (ii) (5) (iii) (iv) (a) (b) (c) 12

(d) (e) 30%300,000,000 (f) (g) (a) (d) (e) (g) (b) (c) (e) (f) (d) (a) (b) (e) (g) 13

(i)(ii) (ii) (i) Landmark Worldwide Holdings Limited 1 1,508,490,000 23.96 1,508,490,000 23.28 E-Growth Resources Limited 2 296,000,000 4.70 296,000,000 4.57 435,930,000 6.92 435,930,000 6.73 91,220,000 1.45 91,220,000 1.41 119,300,000 1.89 119,300,000 1.84 3,000,000 0.05 3,000,000 0.05 96,460,000 1.53 96,460,000 1.49 21,610,000 0.34 21,610,000 0.33 5,950,000 0.09 5,950,000 0.09 6,450,000 0.10 6,450,000 0.10 182,325,000 2.81 3,712,770,097 58.97 3,712,770,097 57.30 6,297,180,097 100.00 6,479,505,097 100.00 1. Landmark Worldwide Holdings Limited 25% 2. E-Growth Resources Limited 14

5,000,000 5,000,000 3,500,000 1,500,000 (i)(ii) (iii) 15

28,401,000 104,864,000 269% 564 3,625 30% 70% 30% 10,500,000 30% 16

(i) (ii) 30% 70% 100% 100% 100% 100% 100% 17

204,263 757,490 240,233 547,606 100,171 286,981 115,462 116,952 76,954 203,670 65,684 7,168 63,716 172,718 48,384 2,244 63,849 167,833 47,153 21,975 312,265 1,073,250 1,273,214 235,591 823,592 1,061,850 211.4 1,273.2 (a) 329.2 (b) 35.7 (c)8.0 (d) 113.6 (e) 335.5 (f)241.9 (g) 115.9 (h) 93.4 1,061.8 (a) 101.0 (b)346.9 (c) 15.7 (d) 538.6(e) 59.6 18

204,263,000 757,490,000 271% 240.2 547.6128.0% 117.0 115.5 1.3% 48.1% 21.4% 1.2 19.7 22.0 47.2 53.4% 23.5 75.3 77.0 1,273.2 1,061.9 19

21.0% 18.1% 14.2% 33.7% 48.1% 37.9% 20.3% 20

(i) (ii) (iii) 71.512.1 21

(iv) 1.60 1.00 60.00% 1.00 182.33 (v) 22

30% 70% 14A 14A 18 29 A 80 82 338 2 33 3301-04 48 23

25 26 27 60 24

698 (i) 30% (ii) (i) (ii) 27 60 5 24 25

(i)(ii) 26

110-116 17 1701 30% 291,720,000 182,325,000 27

30% 70% 14A 14A 13.84 28

(i) (ii) I. 29

(a) 1 2 6,074,061 7,825,077 8,562,830 3 4,780,254 6,439,335 7,070,067 471,902 524,331 469,754 821,905 861,411 1,023,009 1,512,029 1,885,355 2,231,094 872,260 1,196,551 1,255,631 134,285 176,077 196,976 737,975 1,020,474 1,058,655 702,839 1,003,996 1,006,125 (1) (2) (i) (ii) (iii) (3) 30

(i) 82.3% 6,074.1 28.8% 7,825.1 34.7% 6,439.3 1,885.4 1,512.0 373.4 24.1%24.9% 1,004.0 702.8 42.9% (ii) 82.6% 8,562.8 9.4% 2,231.1 1,885.4 345.7 24.1% 26.1% 1,006.1 1,004.0 31

(b) 1 2 3,618,238 4,150,302 2,355,479 2,894,931 381,767 505,625 267,718 356,629 368,939 309,676 3 244,335 83,441 919,523 958,745 385,819 502,773 86,303 85,488 299,516 417,285 290,499 418,943 1. 2. (i) (ii) (iii)(iv) (v) 3. 3,618.2 14.7% 4,150.3 290.544.2%418.9 14.7% 32

4.3% 958.7 23.1% 25.4%2.3 (IMT) 2.6 (i) (ii) (iii) 290.5 44.2% 418.9 10.1%8.0% (c) (i) (ii) 3,053,854 3,876,065 5,102,899 5,852,957 5,535,008 6,713,928 8,520,803 8,636,182 1,484,465 1,590,928 1,357,977 1,759,479 3,065,079 4,332,760 6,380,428 6,224,298 4,057,186 4,667,898 5,834,417 6,467,290 35.5% 39.5% 45.0% 41.6% 33

(i) 4,667.9 4,057.2 610.7 803.0 35.5% 39.5% 604.2 5,780,450,000 0.81 (ii) 5,834.44,667.9 1,166.5 1,064.1 39.5% 45.0% 1,375.5 6,051,725,553 0.96 34

(iii) 6,467.35,834.4 632.9 (i) 818.2 (ii) 45.0% 41.6% 6,297,180,097 1.03 II. 5,000,000 5,000,000 3,500,000 1,500,000 35

(i) (ii) (iii) 28,401,000 104,864,000 269% 564 3,625 36

30% 10,500,000 30% 30% 70% (i)(ii) (i) 30% 70% 100% 100% 37

(ii) 100% 100% 100% III. 204,263 757,490 240,233 547,606 100,171 286,981 115,462 116,952 76,954 203,670 65,684 7,168 63,716 172,718 48,384 2,244 63,849 167,833 47,153 21,975 312,265 1,073,250 1,273,214 235,591 823,592 1,061,850 38

240.2547.6 128.0% 117.0 115.5 1.3% 48.1% 21.4% 1.2 19.7 22.0 47.2 53.4% 23.5 75.3 77.0 1,273.2 1,061.9 39

% % % 16,106 7.9% 240,233 31.7% 547,606 100.0% 188,157 92.1% 517,257 68.3% 204,263 100.0% 757,490 100.0% 547,606 100.0% 92.1% 68.3% 2.2 40

675 18.3% 838 24.8% 1002 16.8% 1050 14.5% 2283 33.7% 822 17.8% 3336 14.2% 1991 27.5% 33.7% 14.2% 18.1% 21.0% 21.0% 18.1% 14.2% 33.7% 48.1%37.9% 41

IV. 42

71.5 12.1 291,720,000 1.60 1.00 60.0% 1.00 182.3 8.8% 9.8% (i) (ii) (iii)(iv) (v) (vi) (vii) 43

V. 1. 291,720,000 1.60 182,325,000 30% 301,740,000 (i) (ii)(iii) (iv) 2. (a) (b) 40%72,930,000 44

(c) 70%127,627,500 (b) (d) 100%182,325,000 3. 4. (2) (i) (ii) (5) 45

(iii) (iv) VI. 1. 8 600 46

(i) (ii) (i) (ii) 47

(i) (ii) (1) (2) (3) 48

(1) (2) (3) 675 11.1 838 153.4 1002 31.6 1050 259.2 2283 395.1 49

(i) (ii) (i)(ii) FactSet Mergerstat, LLC Mergerstat Review 2016 Mergerstat Review Mergerstat Review (i) (ii) (iii) 50

303,200,000291,720,000 100% 1,010.7 212.1 35 2. 291,720,000 (a) 4.58 212.1 30% (b) 5.63 172.72 (i)24 (ii) 24 24 (i)(ii) (i) 24 (ii) (iii)(ii) 51

1 2 3 675 245.64 29.62 0.92 838 1,277.81 9.56 0.48 1002 348.43 22.47 0.71 1050 2,212.79 12.12 1.86 2283 5,082.89 16.84 5.58 822 344.10 10.12 0.40 1991 522.71 1.18 4 3336 1,652.47 21.48 0.24 29.62 5.58 9.56 0.24 16.84 0.82 17.46 1.42 5.63 4.60 5 6 52

www.hkex.com.hk (1) (2) (3) (4) (5) 30% 51.8 5.63 (6) 30% 63.44.60 (i) 9.56 29.62 17.46 16.845.63 (ii) 0.24 5.58 1.42 0.824.60 53

(i) (ii) (iii) (iv) 3. 1.60 (i) 1.23 30.08% (ii) 1.302 22.89% (iii) 301.484 7.82% (iv) 1.00 60.00% 54

55 0 0.5 1 1.5 2 2.5 16/3/2018 20/3/2018 22/3/2018 26/3/2018 28/3/2018 3/4/2018 6/4/2018 10/4/2018 12/4/2018 16/4/2018 18/4/2018 20/4/2018 24/4/2018 26/4/2018 30/4/2018 3/5/2018 7/5/2018 9/5/2018 11/5/2018 15/5/2018 17/5/2018 21/5/2018 24/5/2018 28/5/2018 30/5/2018 1/6/2018 5/6/2018 7/6/2018 11/6/2018 13/6/2018 15/6/2018 20/6/2018 22/6/2018 26/6/2018 28/6/2018 3/7/2018 5/7/2018 9/7/2018 11/7/2018 13/7/2018 17/7/2018 19/7/2018 23/7/2018 25/7/2018 27/7/2018 31/7/2018 2/8/2018 6/8/2018 8/8/2018 10/8/2018 14/8/2018 16/8/2018 20/8/2018 22/8/2018 24/8/2018 28/8/2018 30/8/2018 3/9/2018 5/9/2018 7/9/2018 11/9/2018 13/9/2018 17/9/2018 19/9/2018 21/9/2018 26/9/2018 28/9/2018 3/10/2018 5/10/2018 1.60 6/11/2018 1.95 0.9 1.49 (i)(ii) (iii)30 1.484 7.82% 4.

2309 (6.20%) (7.90%) 772 19.40% 19.49% 3313 8.43% 11.94% 1689 (3.85%) (3.47%) 1310 (5.38%) (5.48%) 1269 (4.74%) (1.76%) 82 27.70% 35.50% 704 0.68% 1321 123.00% 113.00% 1079 5.26% 2.04% 164 (22.58%) (15.00%) 2688 (1.23%) 4.49% 1460 5.90% 10.00% 381 170.27% 140.38% 56

1269 (4.82%) (9.78%) 1636 (0.20%) (1.60%) 745 17.65% 19.05% 2768 (3.54%) (5.79%) 170.27% 140.38% (22.58%) (15.00%) 18.06% 16.99% 30.08% 22.89% (i) 22.58%170.27%18.06%(ii) 15.00% 140.38% 16.99% 30.08% 22.89% 57

VII. a. (i)(ii) Landmark Worldwide Holdings Limited 1) 1,508,490,000 23.96 1,508,490,000 23.28 E-Growth Resources Limited 2) 296,000,000 4.70 296,000,000 4.57 435,930,000 6.92 435,930,000 6.73 91,220,000 1.45 91,220,000 1.41 119,300,000 1.89 119,300,000 1.84 3,000,000 0.05 3,000,000 0.05 96,460,000 1.53 96,460,000 1.49 21,610,000 0.34 21,610,000 0.33 5,950,000 0.09 5,950,000 0.09 6,450,000 0.10 6,450,000 0.10 182,325,000 2.81 3,712,770,097 58.97 3,712,770,097 57.30 6,297,180,097 100.00 6,479,505,097 100.00 1. Landmark Worldwide Holdings Limited 25% 2. E-Growth Resources Limited 58

291,720,000 182,325,000 1.67%58.97% 57.30% (i) (ii) (iii) (iv) (v) b. 1. 70% 30% 63.4 2. 59

3. (i) (ii) (iii) 6 20 60

30% 367-375 The L. Plaza 18 1806 30% 30% 70% 30% Tongda Precision Technology (Singapore) Pte. Ltd. 61

62

698 70% 30% 80% 100% 100% 63

961,876,000 163,852,000 30,138,000 21,707,000 2,909,000 EBITDA 212,788,000 212,145,000 164,201,000 383,534,000 103,011,000 322,344,000 1. 2. 3. 4. 5. 6. 7. 8. 9. 64

65

(1) (2) (3) 100 52 66

(i) (ii) * 1. 675 (LCD) LCD 288 18.3% 87.9% EBITDA EBIT 25.1 11.1 67

* 2. 838 24.8% 43.7% EBITDA EBIT 388.5 153.4 1,556 68

* 3. 1002 16.8% 43.5% EBITDA EBIT 94.9 31.6 397 69

* 4. 1050 2,332 14.5% 54.0% EBITDA EBIT 318.4 259.2 70

* 5. 2283 33.7% 65.1% EBITDA EBIT 493.4 395.1 5,583 * 71

(1) (2)(3)(4) EBITDA EBITDA 4.2 12.6 8.3 EBITDA 675.HK 838.HK 1002.HK 1050.HK 2283.HK EBITDA 12.6 5.8 4.2 8.4 10.8 EBITDA8.3 EBITDA212,788,000 322,344,000 72

FactSet Mergerstat, LLC Mergerstat Review 2016Mergerstat Review Mergerstat Review Mergerstat Review15% 40% 30% Mergerstat Review 30% 1. 2. 3. 4. 5. 6. 7. 8. 73

9. 10. 11. 12. 30% 303,200,000 6-8 12 1201-1202 13 8 600 74

1. 2. (a) XV(i) XV78 (ii) 352 (iii) 435,930,000 (L) 1,804,490,000 (L) 1, 2, 3 2,240,420,000 (L) 35.58% 75,010,000 (S) 75,010,000 (S) 1.19% 91,220,000 (L) 1,508,490,000 (L) 1, 2 1,599,710,000 (L) 25.40% 75,010,000 (S) 75,010,000 (S) 1.19% 119,300,000 (L) 1,508,490,000 (L) 1, 2 1,627,790,000 (L) 25.85% 75,010,000 (S) 75,010,000 (S) 1.19% 96,460,000 (L) 1,508,490,000 (L) 1, 2 1,604,950,000 (L) 25.49% 75,010,000 (S) 75,010,000 (S) 1.19% 3,000,000 (L) 1 3,000,000 (L) 0.05% 21,610,000 (L) 1 21,610,000 (L) 0.34% 5,950,000 (L) 1 5,950,000 (L) 0.09% 6,450,000 (L) 1 6,450,000 (L) 0.10% 75

5,000,000 5,000,000 5,000,000 5,000,000 3,000,000 2,000,000 2,000,000 2,000,000 2,000,000 31,000,000 1. LS 2. 1,508,490,000 Landmark Worldwide Holdings Limited 25% 3. 296,000,000 E-Growth Resources Limited XV (i) XV78 (ii) 352 (iii) 76

(b) XV23 XV23 3. (i) (ii) (iii) 8.10 4. 77

5. 6 6. 7. 78

8. 14 6-8 12 1201-02 (a) (b) 25 26 (c) 27 60 (d) 61 74 (e) (f) 79

698 18 29 A (a) 291,720,000 30% A (b) 1.60 182,325,000 0.01 80

(c) Century Yard Cricket Square Hutchins Drive P.O. Box 2681GT George Town Grand Cayman Cayman Islands 6-8 12 1201-02 1. 2. 3. 48 338 2 33 3301-04 4. 338 2 33 3301-04 81

5. 6. 7. 8. www.tongda.com www.hkexnews.hk 82