Certain Ordinary Shares of Kin Pang Holdings Limited are subject to a Lock-Up Agreement Ending on 15-DEC-2018. These Ordinary Shares will be under lockup for 366 days starting from 14-DEC-2017 to 15-DEC-2018. Details: The controlling shareholders, namely, Kong Kin I, Choi Fong Lan and Fortunate Year Investments Limited have agreed to lock-up restrictions for a period of six months from the listing date which is expected to be December 15, 2017. The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company.