Eternity Investment Limited announced dated 22 December 2021 in relation to the New Subscription Agreement pursuant to which the Company issued to the Subscriber guaranteed secured notes due 2022 in an aggregate principal amount of HKD 200.00 million (the "New Notes"). Capitalised terms used herein and not defined shall have the same meaning as in the Announcement. As at the date of this announcement, the outstanding principal amount of the New Notes is HKD 197.00 million.

The maturity date of the New Notes falls on 24 September 2022. The Company is currently in negotiations with the holders of the New Notes (the "Holders") for a 364 days extension to the maturity date of the New Notes. The Holders have informed the Company that they are agreeable to such extension.

The Company is currently in discussion with the Holders as to the formal terms and conditions for such extension. Further announcement(s) will be made by the Company as and when appropriate or as required under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.