The board of directors of MS Concept Limited announced that the Group was verbally advised by the management office of World Trade Centre, Causeway Bay ("WTC") that the retail floors of WTC will be temporarily closed for remedial measures, including but not limited to repair and inspection, to be conducted in WTC due to happening of a fire accident on 15 December 2021 (the "Remedial Measures"). It is estimated that restaurant located at 6/F., WTC (the "Restaurant") will be temporarily closed until the end of December 2021. The Company is currently assessing the impact on the performance of the Restaurant as a result of the Remedial Measures to be taken by the landlord and the Company has been working closely with the relevant parties in order to resume the operation of the Restaurant as soon as possible. The Board will continuously monitor the development of the Remedial Measures and its impact on the Group's business performance, and will ensure that further announcement will be made as and when appropriate that needs to be disclosed pursuant to Rule 17.10 of the GEM Listing Rules and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).