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.

PYI Corporation Limited

(Incorporated in Bermuda with limited liability)

(Stock code: 498) ANNOUNCEMENT PURSUANT TO RULE 13.09 OF THE LISTING RULES AND RESUMPTION OF TRADING

This announcement is made by PYI Corporation Limited (the "Company"), pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the "Board") has been informed by ITC Corporation Limited ("ITC"), a substantial shareholder of the Company, that it has applied for a suspension of trading in the shares of ITC on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") with effect from 9:00a.m. on Tuesday,

24 January 2017 pending the release of an announcement in relation to inside information of ITC and pursuant to the Hong Kong Code on Takeovers and Mergers.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

At the request of the Company, trading in the shares of the Company on the Stock Exchange was suspended with effect from 9:30 a.m. on 24 January 2017 pending the release of this announcement. Application has been made to the Stock Exchange for the resumption of trading in the shares of the Company on the Stock Exchange from 1:00 p.m. on 24 January 2017.

Hong Kong, 24 January 2017

By Order of the Board PYI Corporation Limited Shing On Wai

Company Secretary

As at the date of this announcement, the composition of the Board is as follows:

Mr. Lau Tom Ko Yuen : Chairman and Managing Director

Mr. Chan Yiu Lun, Alan : Non-Executive Director

Mr. Chan Shu Kin : Independent Non-Executive Director Ms. Wong Lai Kin, Elsa : Independent Non-Executive Director Mr. Mok Yat Fan, Edmond : Independent Non-Executive Director

PYI Corporation Ltd. published this content on 24 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 January 2017 05:15:04 UTC.

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