MAN KING HOLDINGS LIMITED 100,000,000 10,000,000 90,000, % % 0.005% C % % 0.005%

Man King Holdings Limited 萬景控股有限公司 Man King Holdings Limited 萬景控股有限公司於開曼群島註冊成立的有限公司 (股份代號 2193) Man King Holdings Limited 萬景控股有限公司配售及公開發售保薦人牽頭經辦人

MAN KING HOLDINGS LIMITED 100,000,000 10,000,000 90,000,000 0.80 0.50 1% 0.0027% 0.005% 0.01 2193 32 342C 0.80 0.50 0.80 1% 0.0027% 0.005% 0.80 www.hkexnews.hk www.manking.com.hk

( 1 ) www.manking.com.hk www.hkexnews.hk www.hkeipo.hk (2)...................... (3).......................... (3)............................................... (3).......................... (4)........................................... www.manking.com.hk www.hkexnews.hk.............................. 11................. www.tricor.com.hk/ipo/result.................. (5)(6)............................... (5).......................... i

( 1 ) (5).............................................. 1. 2. www.hkeipo.hk 3. 10. 4. 0.80 0.50 0.80 1% 0.0027% 0.005% 0.80 www.hkexnews.hk www.manking.com.hk 5. 1,000,000 183 22 1,000,000 ii

( 1 ) 14. 6. iii

............................................................... i..................................................................... iv..................................................................... 1..................................................................... 13................................................................. 20............................................................... 22................................................................. 23......................................... 34................................................ 39................................................................. 42................................................................. 44............................................................... 61............................................................... 78..................................................................... 88................................................................. 144 iv

........................................................ 189................................................................. 194..................................................................... 196................................................................. 199........................................................ 201.................................................. 210..................................................................... 212.................................................... 221.................................................... 226................................................... I-1........................................ II-1......................... III-1............................................... IV-1................................ V-1 v

19 19 13 6 215.8 55.6 260.8 67,620 0.4% (i) (ii) (iii) 1

250,441 199,742 257,449 4,889 1,288 3,396 255,330 201,030 260,845 255,281 200,990 260,825 49 40 20 255,330 201,030 260,845 (a) (b) 98.1% 99.4% 98.7% (a) (b) (i) (ii) (iii) 70.7% 77.5% 90.2% 2

29.8% 32.7% 30.7% 221 1 5 14.1% 14.0% 9.0% 49.8% 48.9% 39.7% 77 24.3% 15.7% 21.7% 64.9% 57.0% 56.4% 3

185 185 185 185 185 (i) (ii) (iii) 4

(i) (ii) (iii) 255,330 201,030 260,845 53,332 64,861 72,781 28,349 40,710 34,985 202,819 202,828 213,681 90,346 94,743 73,613 112,473 108,085 140,068 12,811 102,086 110,036 141,843 205,243 204,779 215,456 5

20.9% 32.3% 27.9% 13.3% 24.3% 15.9% 11.1% 20.3% 13.4% 2.2 2.1 2.9 8.3% 6.0% 3.4% 258.9 185.0 204.8 13.8% 19.9% 16.2% 27.8% 37.0% 24.7% 22.5 36.7 38.9 35.3 64.1 46.4 111,573 78,630 120,345 41,529 26,060 27,169 54,219 42,918 44,716 4,638 4,428 5,002 5,261 6,682 3,273 217,220 158,718 200,505 (15,222) (22,549) (12,441) 201,998 136,169 188,064 201.0 59.8 29.8% 260.8 (i) 11 12 13 14 (ii) 04 6

09 10 10 04 09 86.8 97.0 255.3 54.3 21.3% 201.0 (i) 04 08 (ii) 05 202.0 136.2 188.1 79.1% 67.7% 72.1% (i) (ii) 03 03 (iii) 64.9 7.9 12.2% 72.8 32.3% 27.9% (i) 11 12.1% 7

12.2% (ii) 07 17.5% 07 53.3 21.6% 64.9 20.9% 32.3% (i) 03 19.3 9.6% 03 35% (ii) 07 24.9% 07 07 35% (i) (ii) (iii) (iv) 28.3 40.7 35.0 11.1% 20.3% 13.4% 8

(i) 04 (ii) 15 (iii) 12 55.6 20.1 0.65 6.7 LOs Brothers (PTC) Limited 30% LOs Brothers (PTC) Limited 9

0.65 20.1 20.1 6.3 13.8 7.1 6.7 44.9 0.65 26.9 60% 11.2 25% 2.3 5% 4.5 10% 10

200 320 400,000,000 100,000,000 0.50 0.80 4,000 90,000,000 10,000,000 0.45 0.53 609 (i) (ii) (iii) (iv) 11

4 6 9 299,990,000 13

622 32 LOs Brothers (PTC) Limited 14

www.hkeipo.hk www.hkeipo.hk Ipsos Ipsos Hong Kong Limited Ipsos Ipsos Hong Kong Limited 15

1 LOs Brothers (PTC) Limited 16

1.0% 0.0027% 0.005% 0.80 0.50 15,000,000 15% 90,000,000 17

10,000,000 571 0.01 18

% 19

123 59 283 20

ISO ISO 9001 2008 ISO 21

250.4 199.7 257.4 98.1% 99.4% 98.7% (i) (ii) (iii) (a) (b) (c) (d) (e) 24

5% 10.6 12.7 18.3 25

64.9% 57.0% 56.4% 26

75% 0.80 0.53 (i) (ii) 31

12 32

571V (a) (b) (c) 10,000,000 90,000,000 34

0.80 0.50 0.80 1% 0.0027% 0.005% 0.80 www.hkexnews.hk www.manking.com.hk 35

4,000 37

33 11 4 A 2 8 D 9 25 B 16 4 B 3 6 238 C 17 01 39

135 14 A 135 14 A 200 10 289 17 F 99 15 1505 6 Maples and Calder 99 53 3 802 804 88 35 40

10 41

Maples Corporate Services Limited PO Box 309 Ugland House Grand Cayman KY1 1104 Cayman Islands 18 10 D 33 11 4 A 8 5 42 C 8 5 42 C www.manking.com.hk 135 14 A 42

Maples Fund Services (Cayman) Limited PO Box 1093 Boundary Hall, Cricket Square Grand Cayman KY1 1102 Cayman Islands 183 22 1 10 3 33 43

Ipsos Ipsos Ipsos Ipsos Ipsos Ipsos Ipsos IPSOS Ipsos Ipsos 288,000 Ipsos Ipsos Ipsos Ipsos SA Ipsos SA Ipsos 85 16,000 Ipsos Ipsos (i) (ii) Ipsos Ipsos 44

IPSOS Ipsos Ipsos Ipsos Ipsos (a) Ipsos (b) Ipsos Ipsos 45

% 8 6.8% 6 4 4.8% 2.9% 3.2% 3.3% 3.3% 3.2% 3.7% 2 0 1.5% 2.4% -2-4 -2.5% 1. Ipsos 4.8% 1.5% 1.5% 2.9% 3.2% 3.7% 46

114,400 271,400 18.8% 3.2 1.7 109,424 167,280 8.9% 683 811 3.5% 2,747 4,933 12.4% 10.0% 47

90.0 75.0 61.7 73.7 73.9 76.3 60.0 47.7 49.0 52.5 45.0 30.0 15.0 0.0 1. Ipsos 9.2% 477 739 763 3.2% 48

34 15,500 34 24 20,000 8,000 36.0% 80 150 89,000 400.0 350.0 300.0 250.0 200.0 150.0 100.0 50.0 0.00 52.3 33.6 18.7 61.5 30.3 31.2 77.4 35.3 42.1 104.1 49.4 54.7 111.8 49.5 62.3 121.5 53.6 67.9 151.9 59.6 92.3 188.4 68.8 119.6 233.1 79.3 153.8 284.9 87.5 197.4 357.3 98.3 259.0 1. Ipsos 49

3.2% 4.0% 523 1,215 18.4% 29.4% (i) (ii) (iii) (iv) 676 37.4% 43.8% 50

2 0 11 23 34 41 49 58 148 0 47 34 81 21 11 38 70 1. 2. C. 11,449 27,559 138 676 802.9 1,322.4 51

250.0 200.0 173.9 208.0 150.0 114.0 143.6 100.0 50.0 13.8 20.1 31.7 49.4 61.7 67.6 88.4 0.0 1. 2. Ipsos 37.4% 138 676 23.9% 52

7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 1/09 5/09 9/09 1/10 5/10 9/10 1/11 5/11 9/11 1/12 5/12 9/12 1/13 5/13 9/13 1/14 5/14 9/14 Ipsos 6,571.0 4,349.0 33.8% 53

90 80 70 60 50 40 30 20 10 0 1/09 5/09 9/09 1/10 5/10 9/10 1/11 5/11 9/11 1/12 5/12 9/12 1/13 5/13 9/13 1/14 5/14 9/14 Ipsos 59.0 76.9 5.4% 10% 15% 54

679 174 34 148 81 70 50.0% (%) 1 A 15,606 23.1% 2 B 7,003 10.4% 3 C 4,475 6.6% 4 D 3,706 5.5% 5 E 2,989 4.4% 33,841 50.0% 67,620 100.0% Ipsos 56

2,100,000 18,800,000 763 3.2% 150 210,000 58

4.9 4,700 53.7% 60.0% CEPA CEPA 30,000 40,000 15,000 20,000 55.6% 46.5% 59

A. 59 500,000 500,000 6BA(5) 50,000 5 509 61

200,000 200,000 200,000 500,000 282 40 62

200 6 100,000 24 15 2 14 7 7 14 7 14 57 43C (a) (b) 60 90 14 5 50,000 63

43F 43C (1) (2) 583 A. 3(1) 5 B. 1. 58(7)(a) 2. i. 7 ii. 7 2 58(7)(b) 314 64

115 38A (i) (ii) (i) (ii) 350,000 608 32.5 B. 311 400 65

(a) 100,000 (b) 200,000 20,000 358 (a) 200,000 (b) 400,000 10,000 354 66

1,000,000 21 200,000 500,000 466 200,000 500,000 10,000 499 2 2 I (a) 2,000,000 (b) 67

5,000,000 (c) 6 100,000 (d) 1,000,000 10,000 132 10,000 3 200 50,000 5 25,000 4 450 10,000 3 200 10,000 3 200 C. 8B(2) (a) (b) (c) 68

(d) 8C(2)(c) 28 8C(2)(c) (a) (b) (c) (d) (e) 1. 2. 13 4 1 (a) (b) (c) (d) 69

(e) i. ii. 70

75 185 185 14.8 14.8 100 950 2 8% 950 10% 71

10.1 10.1 86 10% 5.8 150 21.7 (1) (2) 14.8 100 2 950 14.8 950 8% 10% 72

4.9 4.9 43 10% 2.9 73 10.6 (1) (2) 18.8 18.8 100 950 8% 2 950 10% 73

1. 13/2001 13/2001A 2. 3. 4. 5. 6. 11 7. (a) (b) (c) 74

123 14(1) 4(1) (a) (b) (c) D. 131 21(1) (a) (b) (c) 16 500,000 1 150 6 75

E. 406 20 20(2) 200 5 20(3) 100 5 24 20 10,000 295 295 3 6 99 2,500 99A 14 6 25,000 76

(i) (ii) (iii) 77

50% 1. 78

2. 62.7 (i) 26.8 (ii) 26 (iii) 2.6 (iv) 7.3 (i) (ii) (a) (b) (c) 79

(d) LOs Brothers (PTC) Limited (iii) LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited PCCL (i) (ii) (iii) 80

ISO 9001 2008 ISO 9001 2008 81

2,000,000,000.00 200,000,000,000 10,000 10,000.00 10,000 1.00 (1) 1,999 7,999 16,800,000.00 16,800,000 1.00 80% 13,440,000 20% 3,360,000 1,600,000 400,000 1,600,000 400,000 18,800,000 15,040,000 3,760,000 10,000.00 10,000 1.00 82

4,999 2,500,000 10,600,000.00 10,600,000 1.00 50% 5,300,000 1,000,000 1,000,000 1,000,000 1,000,000 1,100,000 1,100,000 1,100,000 1,100,000 14,800,000 7,400,000 50,000.00 50,000 1.00 1 100% 50,000.00 50,000 1.00 1 100% 83

(1) (1) 80% 20% (3) (2) (2) 50% 50% (4) (1) (2) (3) (4) (i) 50,000.00 50,000 1.00 1 84

(ii) 50,000.00 50,000 1.00 1 (iii) 4,000 1,000 (iv) 2,5002,500 (v) LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited LOs Brothers (PTC) Limited 85

LOs Brothers (PTC) Limited (1) 100% (2) 100% (3) 100% 100% (4) (5) 100% 100% (1) LOs Brothers (PTC) Limited (2) (3) (4) (5) 86

LOs Brothers (PTC) Limited 100% 75% 25% 100% 100% 100% 100% 87

19 19 13 6 215.8 55.6 260.8 67,620 0.4% (i) (ii) (iii) (a) (b) (i) (ii) (iii) 98.1% 99.4% 98.7% Ipsos 676 2,080 255.3 201.0 260.8 88

33 10 13 15 (i) (ii) (iii) 89

15 Ipsos 477 739 763 (i) (ii) (iii) (iv) (i) (ii) 90

7 ISO 9001 2008 (i) (ii) (iii) (i) (ii) (iii) 91

4.6 4.4 5.0 26.9 (i) (ii) (iii) (iv) 2.1 5.9 5.9 5.9 4.4 1.3 1.2 0.2 (i) (ii) 92

763 3.2% (i) (ii) (iii) (iv) 15 185 (i) (ii) (iii) 93

1 2 1 2 1 2 3 1 2 3 1 2 3 (1) (2) C. (3) C. 95

ISO 9001 2008 1 2 1. (i) (ii) 2. (i) (ii) 96

DC/2005/07 ST/2005/02 DC/2008/08 (i) (ii) 97

(i) (ii) (iii) (iv) (v) (vi) (vii) 3 50 4 57 98

2.0 1 2 2 01 248.9 3 12.0 5.9 02 (CEKS) 212.0 4 40.0 9.0 03 (KCPS) 513.8 5 128.7 42.5 04 417.0 6 267.9 69.7 05 06 12 15.6 11.2 11.2 4.3 4.1 4.1 39.8 33.7 33.7 13 46.5 7 40.0 20.4 14 2.3 2.2 2.2 1,500.2 539.8 198.7 99

1. 2. (i) (ii) 3. 49% 4. 22.5% 22.5% 18.6 5. 33% 33% 26.3 6. 26% 26% 8.0 7. 51% 100

2.0 1 (%) 2 3 07 288.8 143.2 143.2 60.0 79.2 60.0 08 312.9 4 225.0 114.7 84.3 73.1 43.0 09 PCCL 97.0 5 64.1 64.1 30.4 68.7 30.4 10 52.6 29.5 29.5 21.0 60.1 21.0 11 92.3 42.1 42.1 48.1 47.9 48.1 15 14.9 13.3 10.7 13.3 858.5 503.9 393.6 257.1 215.8 6 101

1. 2. 3. 4. 51% 51% 67.6 08 140.3 172.6 5. 51% 49% 6. 215.8 172.8 51% 49% PCCL 43.0 55.6 (a) (b) (i) (ii) (iii) 102

(a) (b) 21 60 (a) (b) (i) (ii) (iii) 12 98.1% 99.4% 98.7% 1.9% 0.6% 1.3% 103

70.7% 77.5% 90.2% 29.8% 32.7% 30.7% 10 P P 9 P A 3 P B 6 P P 12 P C 1 P 5% 104

(i) (ii) C (iii) Ipsos 884 2,080 23.9% (i) (ii) (iii) 105

(iv) (v) 106

ISO 9001 2008 107

108

3 50 4 57 (i) (ii) 109

110

32 4 12.5% 47 5 10.6% 42 4 9.5% 111

(i) (ii) (iii) (iv) (v) (vi) 112

(i) (ii) 113

(i) (ii) (iii) 12 114

(i) (a) (b) (ii) (iii) (iv) 72.5% 48.7% 38.1% Ipsos Ipsos (i) (ii) (iii) (iv) (v) (i) (ii) PCCL 115

(i) (ii) (iii) (iv) 116

117

21 118

21 60 1% 10% 5% 18.3 10% 18.4 12 119

120

221 1 5 30 45 41.5 26.1 27.2 19.1% 16.4% 13.6% 14.1% 14.0% 9.0% 49.8% 48.9% 39.7% A 3 B 3 C 4 121

D 7 E 3 F 7 G 2 H 1 I 7 J 3 1. A 2. B 3. C 4. D 5. E 6. F 7. G 8. H 9. I 10. J 5% 122

(i) (ii) (iii) (iv) (v) 77 123

10 30 124

111.6 78.6 120.3 51.4% 49.5% 60.0% 24.3% 15.7% 21.7% 64.9% 57.0% 56.4% A 5 B 4 C 8 D 8 E 3 F 3 125

G 7 H 7 I 8 A B C D E F G H I I 5% 21 60 126

ISO 9001:2008 (i) (ii) (iii) (i) (ii) (iii) 127

128

0.8 0.8 1.0 129

100 12 (i) (ii) 130

(1) (2) (3) (4) (5) (6) 131

2 4 1 1,000 6.1 35.1 40.8 1. 24 2. (KCPS) 33% 3. 51% 132

1,000 1,000 1 2 1,000 43.4 15.0 1,000 0.32 1,000 40.8 35.1 1,000 0.28 1,000 40.8 6.1 1,000 0.28 1. 14 { x 9/12} + { x 3/12} 40.8 0.28 2. 1,000 1,000 3. (KCPS) 33% 4. 51% 133

3.7 8.1 1.5 1. 1,000,000 1,000,000 2. (KCPS) 33% 3. 51% 200 134

Ipsos 679 174 34 148 81 70 (i) (ii) (iii) www.manking.com.hk 135

151 2 2 102 20 8 14 3 151 345 93 A 8 6 136

5.01A(2) 15% 6(2) 14 18 10 A 14 18 10 C 14 18 10 D E 77 87 144 146 20 B 50 56 3 50 56 5 5 20 E 5 20 F 23 31 3 A A XIVA 137

138

609 139

(i) (ii) (iii) (iv) (I) 1. DCEC1327/2014 2. DCPI760/2015 DCEC1327/2014 3. DCEC235/2014 4. HCPI109/2015 DCEC235/2014 5. HCPI232/2014 6. DCEC66/2015 (i) (ii) 140

(II) 10 2,434,000 2 2,984,000 2 30,000 1 38,000 38,000 3,014,000 2.9 282,000 7,000 288,000 141

(i) (i) (ii) (ii) 2.9 (iii) 30,000 142

(iv) (III) 1 2 (i) (ii) 143

19 19 13 6 215.8 55.6 260.8 67,620 0.4% (i) (ii) (iii) 144

(a) (b) (i) (ii) (iii) 98.1% 99.4% 98.7% Ipsos 676 2,080 255.3 201.0 260.8 255,330 201,030 260,845 (201,998) (136,169) (188,064) 53,332 64,861 72,781 526 512 782 199 484 208 (20,145) (17,007) (25,111) (7,089) (131) (264) (203) 33,781 48,586 41,368 (5,432) (7,876) (6,383) 28,349 40,710 34,985 145

146

51.4% 49.5% 60.0% 25.0% 27.0% 22.3% Ipsos 0.3% 10.5% 5% 10% +/-5% +/-10% -/+5,579 -/+11,157 -/+3,932 -/+7,863 -/+6,017 -/+12,035 +/-5% +/-10% -/+2,711 -/+5,422 -/+2,146 -/+4,292 -/+2,236 -/+4,472 +/-5% +/-10% -/+2,076 -/+4,153 -/+1,303 -/+2,606 -/+1,358 -/+2,717 147

148

149

11 11 (i) (ii) 255.3 201.0 260.8 150

03 03 33% 03 453.3 513.8 60.5 03 19.3 3.1 250,441 199,742 257,449 4,889 1,288 3,396 255,330 201,030 260,845 151

255,281 200,990 260,825 49 40 20 255,330 201,030 260,845 (i) (ii) (iii) (iv) 111,573 78,630 120,345 41,529 26,060 27,169 54,219 42,918 44,716 4,638 4,428 5,002 5,261 6,682 3,273 217,220 158,718 200,505 (15,222) (22,549) (12,441) 201,998 136,169 188,064 202.0 136.2 188.1 79.1% 67.7% 72.1% (i) 152

(ii) 03 03 (iii) 153

53.3 64.9 72.8 20.9% 32.3% 27.9% (i) (ii) (iii) (iv) (i) (ii) (iii) 154

8,413 6,671 11,751 548 467 493 1,925 2,182 2,444 3,624 402 754 236 178 213 322 842 1,284 132 281 27 325 203 281 936 644 443 2,306 3,231 4,463 1,378 1,906 2,958 20,145 17,007 25,111 (i) (ii) 1.5% 3.5 5% 155

16.5% 16.1% 16.2% 15.4% 28.3 40.7 35.0 11.1% 20.3% 13.4% 11 21.1 32.5 25.2 10.9% 20.5% 13.0% 20.9% 32.3% 27.9% 7.6% 16.1% 23.0% 8 8 8 4 4 156

201.0 59.8 29.8% 260.8 (i) 11 12 13 14 77.5 (ii) 04 09 10 23.9 10 04 09 86.8 97.0 (iii) 03 22.6 (i) 03 16.2 453.3 513.8 19.3 3.1 (ii) 03 (iv) 07 08 8.1 91.5 (v) 11.9 157

136.2 51.9 38.1% 188.1 (i) 12 13 87% 100% (ii) 04 (iii) 11 64.9 7.9 12.2% 72.8 32.3% 27.9% (i) 11 12.1% 12.2% 11 27.9% C (ii) 07 17.5% 07 07 07 35% 512,000 270,000 782,000 484,000 276,000 208,000 158

17.0 47.7% 25.1 (i) 6.7 11.8 (a) 1.1 4.4 (b) (c) (ii) 11 12 13 1.2 (iii) 11 0.4 7.1 264,000 203,000 6.6 4.8 16.2% 15.4% 16.5% (i) (ii) 35.0 5.7 14.1% (i) 7.1 (ii) 8.1 159

255.3 54.3 21.3% 201.0 (i) 04 08 76.2 132.8 (ii) 05 5.4 7.6 22.6 15.6 (iii) 07 10 11 26.0 07 10 11 202.0 65.8 32.6% 136.2 03 07 35% 08 160

53.3 21.6% 64.9 20.9% 32.3% (i) 03 03 453.3 513.8 19.3 9.6% 03 35% 03 (ii) 07 24.9% 07 07 35% 526,000 14,000 512,000 199,000 285,000 484,000 161

20.1 15.6% 17.0 8.4 6.7 131,000 264,000 16.1% 16.2% 16.5% 40.7 12.4 43.6% 03 07 162

111,864 112,142 90,110 9,198 7,334 8,601 (16,801) (20,929) 744 7,778 (8,964) (10,300) 175 (22,559) (955) 103 527 231 112,142 90,110 89,386 9.2 20.8 4.2 34.1 (i) 08 08 12.3 (ii) 10.4 (iii) 12.0 (iv) 12.2 7.3 36.0 5.8 48.6 163

(i) 16.2 (ii) 10 11 07 08 16.0 (iii) 6.4 8.6 26.3 7.2 41.3 (i) 17.0 (ii) 12 13 2.4 (iii) 4.6 (iv) 13.5 16.8 (i) 100.8 26.1 4.8 (ii) 101.5 20.8 (iii) 9.6 20.9 (i) 154.8 66.1 2.7 (ii) 144.7 55.2 3.5 4.9 (iii) 5.5 0.7 (i) 69.5 6.5 (ii) 71.0 6.4 164

(iii) 10.9 (iv) 10.1 7.8 (i) 9.0 (ii) 0.7 (iii) 0.3 9.0 (i) 1.7 (ii) 11.5 (iii) 4.4 10.3 (i) 20.0 (ii) 25.7 (iii) 4.2 (iv) 7.4 165

5,991 22,142 39,140 40,715 44,440 61,036 58,402 68,850 305 369 1,028 19,688 14,004 10,768 10,798 4,546 5,819 9,674 15,167 15,985 16,058 112,356 90,110 89,386 86,515 202,819 202,828 213,681 223,964 31,387 24,989 29,546 33,652 40,915 40,402 26,943 27,959 4,933 6,857 6,973 6,017 2,097 2,117 657 657 2,942 5,716 2,491 5,113 4,648 4,466 8,523 6,607 4,846 4,696 90,346 94,743 73,613 77,447 112,473 108,085 140,068 146,517 166

112.5 3.9% 108.1 (i) 5.8 (ii) 5.7 (iii) 5.7 (iv) 22.2 (i) 16.2 (ii) 16.6 108.1 29.6% 140.1 (i) 17.0 (ii) 13.5 (iii) 5.7 (i) 3.2 (ii) 4.6 146.5 140.1 4.6% 10.4 4.1 (i) 40.7 (ii) 68.9 (iii) 10.8 (iv) 16.1 (v) 86.5 (i) 33.7 (ii) 28.0 167

5,991 22,142 39,140 31,387 24,989 29,546 (i) (ii) 07 288.6 (i) 21 168

21 60 1% 10% 5% 12,805 25,858 28,801 892 897 13,697 26,755 28,801 10,643 12,717 18,287 3 10,643 12,720 18,287 24,340 39,475 47,088 12.8 25.9 (i) 6.8 11 (ii) 07 08 07 08 5.2 2.9 25.9 28.8 (i) 12 13.5 (ii) 169

07 5.3 (iii) 11 4.7 10.6 12.7 18.3 08 7.4 11 12 1.0 4.2 2.0 22.5 36.7 38.9 22.5 36.7 (i) 11 (ii) 07 08 36.7 38.9 60 170

5% 206.5 424.2 433.9 5% 206.5 424.2 08 7.4 08 59.9% 424.2 433.9 0 30 9,686 18,593 24,699 31 60 1,313 6,769 3,781 90 2,698 1,393 321 13,697 26,755 28,801 1,663 1,131 1,757 8,980 11,589 16,530 10,643 12,720 18,287 171

60 2.7 1.4 0.3 54.8% (ii) 9,612 11,426 10,556 5,992 4,907 72 204 758 15,676 16,537 11,314 2.4 7.4 6.8 4.2 172

2.4 (i) 3.3 (ii) 4.9 (iii) 2.3 (iii) 4,351 4,351 73 673 4,424 5,024 173

14,830 13,705 10,336 4,858 299 432 19,688 14,004 10,768 4,923 6,857 6,973 11,513 16,436 6,857 6,973 (i) 14.8 13.7 10.3 4.9 0.3 0.4 12 (ii) 174

4.9 6.9 7.0 11.5 4,546 5,819 10,365 2,942 5,716 8,658 1,308 1,308 1.3 175

9.7 15.2 16.0 2.5% 3% 2.4% 2.9% 2.3% 3.2% 14,655 20,725 16,161 2,519 2,753 17,174 23,478 16,161 4,843 6,027 8,590 3,156 3,027 1,753 387 669 268 9,614 1,809 5,741 5,392 171 18,898 10,897 2,192 40,915 40,402 26,943 176

(i) 14.7 20.7 10 11 20.7 16.2 (i) 07 6.7 75% (ii) 04 1.5 (iii) 01 1.4 (iv) 12 5.6 1% 10% 5% 4.8 6.0 8.6 35.3 64.1 46.4 10 30 30 35.3 64.1 (i) 07 08 (ii) 11 177

46.4 30 60 0 30 9,636 11,113 7,982 31 60 5,130 8,762 6,891 61 90 74 862 147 90 2,334 2,741 1,141 17,174 23,478 16,161 986 1,023 675 3,857 5,004 7,915 4,843 6,027 8,590 30 60 60 2.0 2.5 90 01 52.8% 178

(ii) 9.6 03 9.6 1.8 3.0 1.8 2.9 2.9 : 1,701 1,761 1,824 1,761 1,824 1,889 4,847 3,022 1,133 8,309 6,607 4,846 214 (8,523) (6,607) (4,846) 179

8.3 6.6 4.8 9.0 3.5% 1 2.2 2.1 2.9 2 8.3% 6.0% 3.4% 3 4 258.9 185.0 204.8 5 13.8% 19.9% 16.2% 6 27.8% 37.0% 24.7% 7 11.1% 20.3% 13.4% 1. 2. 100.0% 3. 100.0% 4. 5. 100.0% 6. 100.0% 7. 100.0% 180

2.2 2.1 2.9 8.3% 6.0% 3.4% 8.3% 6.0% 3.4% (i) 1.9 1.8 (ii) 8.0 27.6 258.9 185.0 204.8 13.8% 19.9% 16.2% 12.4 27.8% 37.0% 24.7% 12.4 181

32.8 11.1% 20.3% 20.9% 32.3% 20.3% 13.4% (i) 32.3% 27.9% (ii) 7.1 (iii) 8.1 0.65 20.1 20.1 6.3 13.8 7.1 6.7 182

10% 8,760 13,489 15,985 2,440 2,440 8,760 15,929 18,425 8.8 15.9 18.4 8.7 183

4.7 3.5% 9 (i) 14.5 (ii) 3.3 (i) 16.0 (ii) 3.3 (i) (ii) (iii) (iv) (v) 184

612 250 341 28 82 71 640 332 412 334 792 930 148 439 113 482 1,231 1,043 185

32.8 7.4 15% 186

4.29 1 2 3 0.50 141,843 39,856 181,699 0.45 0.80 141,843 68,956 210,799 0.53 187

(1) 141,843,000 (2) 0.50 0.80 100,000,000 (3) 400,000,000 399,990,000 (4) 13 13.13 13.19 13.13 13.19 20.1 6.7 188

LOs Brothers (PTC) Limited 30% LOs Brothers (PTC) Limited 50% 25,000 189

50% 0.6 0.5 0.2 0.3 190

(1) (2) (3) (4) (5) 191

8.10 LOs Brothers (PTC) Limited 5% (a) (b) (i) (ii) 192

(i) (ii) 193

14A 1,000,000 1,100,000 1,200,000 5% 3,000,000 14A 50% 50% 14 18 10 C 13,000 5% 3,000,000 14A 194

195

200,000,000,000 2,000,000,000 10,000 100 299,990,000 2,999,900 100,000,000 1,000,000 400,000,000 4,000,000 200,000,000,000 2,000,000,000 10,000 100 299,990,000 2,999,900 100,000,000 1,000,000 15,000,000 150,000 415,000,000 4,150,000 196

2,999,900 299,990,000 20% (i) (ii) (iii) 197

10% (i) (ii) (iii) 198

(1) (1) (1) (1) 10,000 100% 10,000 100% 10,000 100% 10,000 100% LOs Brothers 10,000 100% (PTC) Limited (2) 10,000 100% (1) (2) LOs Brothers (PTC) Limited 100% XV 2 3 10% (1) 300,000,000 75% 199

(1) (1) (1) 300,000,000 75% 300,000,000 75% 300,000,000 75% LOs Brothers (PTC) 300,000,000 75% Limited (2) 300,000,000 75% (1) 300,000,000 LOs Brothers (PTC) Limited 100% (2) LOs Brothers (PTC) Limited 100% LOs Brothers (PTC) Limited XV 2 3 10% 200

62 59 50 66 49 30 201

62 34 59 33 (Jing Guang New World Hotel, Beijing) (Island Shangri-La Hotel) (Hotel Nikko Longbai Shanghai) 202

50 C&L Accounting Services 203

66 40 MacDonald Wagner Pty Limited Transfield Construction Pty Limited 49 204

30 4 Vieste Investments Limited 51 29 40 37 205

37 14 14 206

14 17 2.5 1.1 4.4 4.4 4.5 3.9 207

3A.19 3A.23 (1) (2) (3) (4) 13.10 3A.24 1. 2. 3. 14A 4. 13.46 208

3A.23 30 (1) 209

5% 0.65 0.80 0.50 44.9 59.4 30.4 54.4 71.1 37.6 210

44.9 0.65 26.9 60% 11.2 25% 2.3 5% 4.5 10% 14.5 14.5 9.5 0.65 211

135 14 A 135 14 A 10,000,000 (i) (a) 212

(b) (c) (d) (e) (f) (g) (h) (i) (ii) (i) (j) 213

(k) (l) (m) (n) (o) (p) (q) (r) (s) (t) (u) (v) (w) 214

(a) (b) (c) (i) (ii) (ii) (a) (b) (c) 215

(a) 10.08(1) 10.08(4) (b) 10.08(1) 10.08(4) 10.07 (2) (c) (a) (b) 216

(d) (a) (b) (a) (b) (a) (b) 10.07(2) (2) (1) (2) 217

(a) (b) 10.07(1) (i) (ii) (i) (i) 12 (a) 10.07(2) (2) 218

(b) 10.08 10.08 90,000,000 15,000,000 15% 219

3.0% 3.0 % 0.65 20.1 3A.19 13.46 3A.07 8.08 25% 220

0.80 0.50 www.hkexnews.hk www.manking.com.hk www.hkexnews.hk www.manking.com.hk 221

0.80 0.50 0.80 1% 0.005% 0.0027% 4,000 3,232.25 0.80 1. 2. 3. 14. 222

100,000,000 90,000,000 90% 10,000,000 10% 90,000,000 90% 223

10,000,000 10% 0.80 1% 0.005% 0.0027% 10,000,000 100% (a) 15 50 30,000,000 30% (b) 50 100 224

40,000,000 40% (c) 100 50,000,000 50% 15,000,000 15% 15,000,000 3.6% 27.7% 225

1. www.hkeipo.hk 2. 18 S (i) (ii) 226

3. www.hkeipo.hk (i) 135 14 A 227

(ii) 10 253 261 A-C G1010 1011 638 640 96 A B 54 1 3 4 239 243 8 1 228

10. 4. (i) (ii) (iii) (iv) (v) 229

(vi) (vii) (viii) (ix) (x) (xi) (xii) (i) (ii) S S 902 (h)(3) (xiii) (xiv) 230

(xv) (xvi) (xvii) (xviii) (xix) (i) (ii) 5. www.hkeipo.hk 231

www.hkeipo.hk 24 10. 40 40 342E 6. 2979 7888 https://ip.ccass.com 232

8 1 (i) (ii) 233

40 234

235

4,000 4,000 (1) (1) (1) (1) (1) 24 10. 40 40 342E 236

7. (i) (ii) 8. 237

9. 4,000 4,000 www.hkeipo.hk 10. 238

11. (i) (ii) (iii) www.manking.com.hk (iv) www.hkexnews.hk www.manking.com.hk www.hkexnews.hk 12 24 www.tricor.com. hk/ipo/result 3691 8488 239

12. (i) 40 342E (ii) (iii) 240

(iv) 10,000,000 13. 0.80 14. 241

(i) (ii) (i) 1,000,000 183 22 242

1,000,000 (ii) 1,000,000 1,000,000 11. (iii) 1,000,000 183 22 243

1,000,000 (iv) 11. 244

15. 245

22 3 I-1

100% 100% 100% 100% 18,800,000 100% 100% 100% 100% 14,800,000 100% 100% 1 100% 100% 1 24 Michael Yuen & Co. 3.340 I-2

A 2 I-3

A. 8 255,330 201,030 260,845 (201,998) (136,169) (188,064) 53,332 64,861 72,781 9a 526 512 782 9b 199 484 208 (20,145) (17,007) (25,111) (7,089) 10 (131) (264) (203) 11 33,781 48,586 41,368 13 (5,432) (7,876) (6,383) 28,349 40,710 34,985 15 10.80 15.51 12.66 I-4

16 2,424 1,951 1,775 17 5,991 22,142 39,140 18 44,440 61,036 58,402 305 369 19 19,688 14,004 10,768 20 4,546 20 5,819 21 9,674 15,167 15,985 21 112,356 90,110 89,386 202,819 202,828 213,681 17 31,387 24,989 29,546 22 40,915 40,402 26,943 19 4,933 6,857 6,973 19 2,097 2,117 657 20 2,942 20 5,716 2,491 5,113 4,648 23 8,523 6,607 4,846 90,346 94,743 73,613 112,473 108,085 140,068 114,897 110,036 141,843 20 1,308 19 11,503 12,811 102,086 110,036 141,843 24 29,400 29,400 72,686 80,636 141,843 102,086 110,036 141,843 I-5

29,400 44,337 73,737 28,349 28,349 29,400 72,686 102,086 40,710 40,710 14 (32,760) (32,760) 29,400 80,636 110,036 34,985 34,985 24 4,200 4,200 14 (7,378) (7,378) (33,600) 33,600 * 33,600 108,243 141,843 * 1,000 2 1.00 5,000 1.00 5,000 100 33,600,000 I-6

33,781 48,586 41,368 840 759 565 131 264 203 43 23 (96) (103) (527) (231) (481) (494) (583) 34,072 48,631 41,345 (3,268) (16,151) (16,998) (12,293) (15,996) (2,390) (10,396) 1,126 3,369 (11,955) (6,398) 4,557 12,164 (513) (13,459) 4,923 1,934 116 55 20 (1,460) 13,302 12,653 15,080 (4,170) (5,829) (7,218) 66 510 739 9,198 7,334 8,601 I-7

(640) (332) (412) 2,066 3 (100,770) (154,800) (69,500) 101,470 144,700 71,024 (26,090) (66,120) 20,842 55,215 (4,751) (2,697) 205 3,542 (298) (6,547) 4,857 6,414 (9,614) (5,493) (10,935) 10,117 481 494 583 (16,801) (20,929) 744 (131) (264) (203) 4,200 (18) 9,000 (691) (1,702) (1,761) (11,503) 4,408 20,009 (25,725) 107 1,595 (334) (1,037) (48) (10) (7,378) 7,778 (8,964) (10,300) I-8

175 (22,559) (955) 111,864 112,142 90,110 103 527 231 112,142 90,110 89,386 112,356 90,110 89,386 (214) 112,142 90,110 89,386 I-9

1. 22 3 PO Box 309, Ugland Home, Grand Cayman, KY1 1104, the Cayman Islands 18 10 D 2. (1) (2) (3) 4 3. I-10

9 1 14 2 15 3 1 5 16 5 38 16 5 41 19 4 27 5 6 4 5 10 5 28 10 5 12 28 11 5 1 2 3 4 5 6 15 15 15 18 11 15 15 15 15 I-11

15 15 4. 17 2 36 I-12

I-13

I-14

I-15

I-16

I-17

(i) 37 (ii) I-18

5. 4 11 11 I-19

24,340,000 39,475,000 47,088,000 14,830,000 13,705,000 10,336,000 6. 23 7. 7a. 189,080 173,503 165,634 69,279 64,641 39,419 I-20

7b. 108 108 131 19,701 20,866 31,012 1% 1% 1% 1% (197) (209) (310) I-21

28 18,668,000 27,475,000 45,255,000 77% 70% 96% 14,830,000 13,705,000 10,336,000 4,858,000 299,000 432,000 I-22

3 3 % 36,072 986 3,857 40,915 40,915 2,495 13,941 16,436 16,436 2,097 2,097 2,097 1,308 1,308 1,308 3.5 8,309 8,309 8,309 5.0 214 214 214 8,700 8,700 57,887 986 19,106 77,979 69,279 3 3 % 34,375 1,023 5,004 40,402 40,402 2,711 4,146 6,857 6,857 2,117 2,117 2,117 2,942 2,942 2,942 5,716 5,716 5,716 3.5 6,607 6,607 6,607 8,700 8,700 63,168 1,023 9,150 73,341 64,641 I-23

3 3 % 18,353 675 7,915 26,943 26,943 1,597 686 4,690 6,973 6,973 657 657 657 3.5 4,846 4,846 4,846 25,453 1,361 12,605 39,419 39,419 3 8,309,000 6,607,000 4,846,000 3 3 1 1 2 3 5 % 3.5 491 1,474 1,965 5,075 9,005 8,309 3.5 491 1,474 1,965 3,110 7,040 6,607 3.5 491 1,474 1,965 1,146 5,076 4,846 7c. I-24

8. 255,281 200,990 260,825 49 40 20 255,330 201,030 260,845 4 10% 76,200 65,724 76,803 27,204 20,711 a 60,605 28,121 80,131 a 26,231 28,909 a 31,686 a: 10% 10% 9a. 481 494 583 45 18 199 526 512 782 I-25

9b. (43) (23) 96 103 527 231 199 484 208 10. 127 264 203 4 131 264 203 11. 12 2,538 1,096 4,368 58,356 47,095 50,317 1,738 1,398 1,782 62,632 49,589 56,467 (54,219) (42,918) (44,716) 8,413 6,671 11,751 74 99 524 840 759 565 (292) (292) (72) 548 467 493 317 785 1,248 2,949 12. 1,436 580 2,706 1,086 500 1,635 16 16 27 2,538 1,096 4,368 a: I-26

1,436 1,086 16 580 500 16 1,961 1,250 17 625 285 5 1,436 1,086 16 580 500 16 2,586 1,535 22 120 100 5 1,436 1,086 16 580 500 16 2,706 1,635 27 3,524 3,568 2,848 839 884 1,040 45 37 21 4,408 4,489 3,909 1,000,000 1 1 1,000,001 1,500,000 3 3 3 13. 4 4 3 5,432 7,876 7,743 (1,360) 5,432 7,876 6,383 I-27

16.5% 33,781 48,586 41,368 16.5% 5,574 8,017 6,826 294 9 1,551 (110) (325) (605) 147 9 (312) (7) (1,360) (14) 28 (31) 5,432 7,876 6,383 109,000 996,000 1,006,000 14. 20,160 4,418 12,600 2,960 32,760 7,378 15. 28,349,000 40,710,000 34,985,000 262,500,000 262,500,000 276,369,863 D I-28

16. 892 452 2,527 3,483 1,974 9,328 612 28 640 (90) (90) 892 452 2,527 4,005 2,002 9,878 250 82 332 (501) (501) (27) (27) 892 452 2,527 3,727 2,084 9,682 341 71 412 (222) (1,142) (601) (1,317) (3,282) 892 230 1,385 3,467 838 6,812 45 401 2,342 2,415 1,501 6,704 22 46 82 454 236 840 (90) (90) 67 447 2,424 2,779 1,737 7,454 22 3 82 456 196 759 (455) (455) (27) (27) 89 450 2,506 2,753 1,933 7,731 22 2 21 431 89 565 (222) (1,142) (601) (1,294) (3,259) 111 230 1,385 2,583 728 5,037 825 5 103 1,226 265 2,424 803 2 21 974 151 1,951 781 884 110 1,775 40 I-29

40 5 5 5 5 17. 636,791 864,271 1,120,809 (662,187) (867,118) (1,111,215) (25,396) (2,847) 9,594 5,991 22,142 39,140 (31,387) (24,989) (29,546) (25,396) (2,847) 9,594 10,643,000 12,720,000 18,287,000 18 I-30

18. 12,805 25,858 28,801 a 892 897 13,697 26,755 28,801 10,643 12,717 18,287 3 10,643 12,720 18,287 24,340 39,475 47,088 b 9,612 11,426 10,556 5,992 4,907 72 204 758 15,676 16,537 11,314 c d 4,351 4,351 73 673 4,424 5,024 20,100 21,561 18,403 44,440 61,036 58,402 (a) (b) 2,440,000 28 I-31

(c) 5,350,000 4,351,000 4,351,000 (d) 11,673,000 60 0 30 9,686 18,593 24,699 31 60 1,313 6,769 3,781 90 2,698 1,393 321 13,697 26,755 28,801 1,663 1,131 1,757 8,980 11,589 16,530 10,643 12,720 18,287 2,698,000 1,393,000 321,000 31 60 2,698 1,393 61 90 321 2,698 1,393 321 I-32

19. (i) 14,830 13,705 10,336 4,858 299 432 19,688 14,004 10,768 60 0 30 2,427 3,253 962 31 60 6,018 2,071 726 8,445 5,324 1,688 6,385 8,381 8,648 14,830 13,705 10,336 4,858,000 299,000 432,000 (ii) 11,503 4,933 6,857 6,973 16,436 6,857 6,973 I-33

11,503,000 4,923,000 6,857,000 6,973,000 0 30 376 1,682 1,173 31 60 532 1,029 61 90 1,577 90 424 2,485 2,711 1,597 686 2,438 4,146 4,690 4,923 6,857 6,973 (iii) 61 90 7 90 2,097 2,110 657 2,097 2,117 657 I-34

20. 1,621 1,749 17,123 665 2,925 2,925 3,745 1,077 4,546 5,819 15,548 16,231 2,942 5,716 1,308 1,308 5,716 21. 28 2.5% 3% 2.4% 2.9% 2.3% 3.2% 0.01% 0.01% 0.01% I-35

22. 14,655 20,725 16,161 2,519 2,753 17,174 23,478 16,161 4,843 6,027 8,590 3,156 3,027 1,753 387 669 268 9,614 1,809 5,741 5,392 171 18,898 10,897 2,192 40,915 40,402 26,943 2,949,000 1,500,000 2,949,000 30 60 I-36

0 30 9,636 11,113 7,982 31 60 5,130 8,762 6,891 61 90 74 862 147 90 2,334 2,741 1,141 17,174 23,478 16,161 986 1,023 675 3,857 5,004 7,915 4,843 6,027 8,590 23. 1,701 1,761 1,824 1,761 1,824 1,889 4,847 3,022 1,133 8,309 6,607 4,846 214 (8,523) (6,607) (4,846) 9,000,000 1.5 3.5% 3.5% 3.5% I-37

24. 2,000,000 1 2,200,000 1 18,800,000 14,800,000 0.01 200,000,000,000 2,000,000,000 1 9,999 100 10,000 100 2,000,000,000 200,000,000,000 0.01 1 9,999 50,000 50,000 1 1 50,000 50,000 1 1 2,500 2,500 1 7,400,000 7,400,000 1 50% 50% 1,000 4,000 1 3,760,000 15,040,000 1 20% 80% I-38

25. 334 792 930 148 439 113 482 1,231 1,043 26. 5% 1,000 1,250 1,500 1,754,000 1,414,000 1,809,000 27. (I) a (88) (258) (162) b (530) (234) c (65) (a) (b) (c) 13,000 I-39

(II) 18 19 20 22 23 (III) 6,885 5,532 9,124 61 53 66 6,946 5,585 9,190 28. 18 21 8,760 13,489 15,985 2,440 2,440 8,760 15,929 18,425 8,700,000 I-40

29. 51.00% 51.00% 51.00% 49.00% 49.00% 49.00% 26.00% 26.00% 26.00% 30. 20,160,000 12,600,000 9,500,000 6,000,000 1,876,000 3,500,000 I-41

B. 30 125 2,104 2,229 (2,199) (2,199) (2,199) (2,199) C. I-42

D. (i) (ii) 100,000,000 2,999,900 299,990,000 E. I-43

A. 4.29 1 2 3 0.50 141,843 39,856 181,699 0.45 0.80 141,843 68,956 210,799 0.53 (1) 141,843,000 II-1

(2) 0.50 0.80 100,000,000 (3) 400,000,000 399,990,000 (4) II-2

B. II 1 II 2 II 1 II 2 4.29 7 7 4.29(7) II-3

3420 4.29 7 II-4

(a) (b) (c) 4.29(1) II-5

1 2 2.1 2,000,000,000 200,000,000,000 0.01 2.2 (a) III-1

(b) (c) (d) (e) (f) III-2

(i) (ii) (iii) (iv) (A) (B) III-3

(v) (g) (h) III-4

(i) (ii) (iii) 12 (iv) (v) III-5

(vi) (vii) (i) (j) 2.3 2.4 III-6

2.5 (a) (b) (c) III-7

2.6 2.7 III-8

2.8 2.9 III-9

2.10 (a) (b) 95% III-10

2.11 (a) (b) (c) (d) (e) (f) III-11

2.12 2.13 2.14 (a) III-12

(b) III-13

2.15 2.16 III-14

15 15 2.17 III-15

2.18 2.4 2.19 2.20 III-16

2.21 (a) (b) (d) (c) (d) 1 III-17

2 3 (a) (b) (c) 37 (d) (e) (f) III-18

4 34 34 3 5 Foss v. Harbottle (a) (b) (c) 6 III-19

7 8 (a) (b) (c) 9 10 III-20

11 12 13 (a) (b) (a) (b) 14 75% III-21

15 90% 16 17 (a) (b) 18 19 6 (a) III-22

(b) (i) (ii) 6(3) 20 21 Maples and Calder III-23

A. 1. 16 18 10 D 2. 2,000,000,000.00 200,000,000,000 400,000,000 199,600,000,000 3. (a) (b) 30 IV-1

(i) (ii) (iii) 2,999,900 299,990,000 (c) 20% (i) (ii) (iii) IV-2

(d) 10% (i) (ii) (iii) (e) (c) (d) 10% 4. (a) 50,000 50,000 1.00 (b) 50,000 50,000 1.00 (c) 50,000 50,000 1.00 IV-3

(d) 13,440 3,360 6,300 6,300 (e) 2,000,000,000.00 200,000,000,000 0.01 9,999 (f) 2,560 640 3,700 3,700 40% 10% 25% 25% (g) 1 100% (h) 1 100% (i) (j) 4,0001,000 2,500 2,500 (i) (j) IV-4

5. 50,000 50,000 1.00 1 50,000 50,000 1.00 1 1,600,000 400,000 1,600,000400,000 18,800,000 15,040,000 3,760,000 15,040,000 80% 3,760,000 20% 1.00 4,000 1,000 1,100,000 1,100,000 1,100,0001,100,000 14,800,000 7,400,000 IV-5

7,400,000 50% 1.00 2,500 2,500 6. (a) (i) 10% IV-6

(ii) (iii) 30 5% IV-7

(iv) (a) (b) (v) 30 (vi) (b) IV-8

B. 1. (a) 7,400,000 2,500 1.00 (b) 7,400,000 2,500 1.00 (c) 3,760,000 1,000 1.00 (d) 15,040,000 4,000 1.00 IV-10

(e) 7,400,000 7,400,000 2,500 2,500 (f) 3,760,000 15,040,000 1,000 4,000 (g) (h) (i) 2. 303248820 37 42 1 2 303248839 37 42 1 2 303248848 37 42 1 2 IV-11

1. 37 2. 42 www.manking.com.hk IV-12

C. 1. (a) XV XV 7 8 352 (i) 300,000,000 75% 300,000,000 75% 50,000 1.00 50,000 1.00 100% 100% IV-13

75% LOs Brothers (PTC) Limited 100% 300,000,000 IV-14

(b) XV 2 3 10% LOs Brothers (PTC) Limited 300,000,000 75% 300,000,000 75% 300,000,000 75% 300,000,000 75% 300,000,000 75% 300,000,000 75% 75% LOs Brothers (PTC) Limited 100% 300,000,000 IV-15

10% 2. 3,500,000 2,500,000 480,000 168,000 3. (a) 2.5 1.1 4.4 (b) IV-16

(d) XV 2 3 10% (e) XV 7 8 352 5% D. 17 IV-18

(i) (ii) (iii) (a) (b) (vi) (c) (xiv) (xv) (d) (iv) 10 IV-19

(a) (b) (v) 14 1.00 (vi) (i) (ii) (iii) (vii) (viii) IV-20

(ix) (x) (a) (1) (2) (xi)(f) (b) (xi)(f) 12 (c) (x)(d) IV-21

(d) (e) (f) (x)(d) (xi) (a) (b) (x) (c) (x)(d) (x)(d) IV-22

(d) (x)(e) (e) (viii) (f) (g) (h) (i) (x)(a) (b) (xii) (xiii) (xiii) (a) 17 30% IV-23

(b) 17 40,000,000 10% (c) 10% 17 (d) (e) 12 1% 12 (f) (xiv) (xiii) IV-24

(xiv) (i) (ii) (iii) (xv) (a) (xv)(b) 17 (b) 17.03 17 (c) (xv)(a) IV-25

(xvi) (xvii) 14A.06(2) (a) 0.1% (b) 5,000,000 (xviii) (a) IV-26

(b) (c) (xix) 40,000,000 E. 1. (i) (ii) 16.5% 15.0% (iii) 0.2% 5 IV-27

(iv) 111 7,500,000 100 (v) (a) IV-28

(b) (a) (b) (i) (ii) (c) (d) IV-29

(e) (a) (f) (vi) 2. 3. 3A.07 4.5 4. 61,000 IV-30

5. 6. 4 6 9 Maples and Calder 7. 8. 32 44A 44B IV-31

9. (a) (b) (c) 10. 11. (a) (i) (ii) (iii) (iv) IV-32

(b) (c) (d) (e) (f) 12 (g) (h) (i) (j) (k) 12. 32L 4 IV-33

(a) (b) (c) 14 99 15 1505 06 (a) (b) (c) (d) B (e) Maples and Calder (f) (g) V-1

(h) (i) (j) V-2