On 30 January 2024, the Company and CR Construction Company Limited (a wholly-owned subsidiary of the Company), as borrowers, entered into a facility agreement (the "Facility Agreement") with a syndicate of banks, as lenders (the "Lenders"), pursuant to which the Lenders have agreed to grant a facility to the Company in the amount up to HKD 500,000,000, subject to further increase in accordance with the terms set out therein (the "Facility"). The maturity date of the Facility shall be the day falling 364 days from the date of the Facility Agreement. Pursuant to the Facility Agreement, the Company undertakes that, throughout the life of the Facility, Zhejiang Construction Investment Group Co.

Ltd. ("Zhejiang Construction") shall, among others, remain as a controlling shareholder of the Company with beneficial interest of at least 60% in the total issued share capital of the Company. A breach of such undertaking shall trigger a mandatory prepayment under the Facility Agreement.