Wai Chun : POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 18 AUGUST 2020

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.

偉 俊 集 團 控 股 有 限 公 司*

Wai Chun Group Holdings Limited

(Incorporated in Bermuda with limited liability) (Stock code: 1013)

POLL RESULTS OF THE SPECIAL GENERAL MEETING HELD ON 18 AUGUST 2020

The Board announces that all the resolutions proposed at the SGM held on 18 August 2020 were duly passed.

Reference is made to the circular of Wai Chun Group Holdings Limited (the "Company") dated 29 July 2020 (the "Circular") in relation to the special general meeting of the Company held on 18 August 2020 (the "SGM"). Unless the context otherwise requires, terms defined in the Circular shall have the same meanings when used herein.

At the SGM, all proposed resolutions as set out in the Circular were taken by poll. The Company's branch share registrar in Hong Kong, Union Registrars Limited, was appointed as the scrutineer for the purpose of vote-taking at the SGM.

As at the date of the SGM, the total number of issued shares in the Company was 21,391,162,483 Shares, which was the total number of Shares entitling the Shareholders to attend and vote for or against the resolutions at the SGM. A total of 18,796,040,000 Shares were held by the Shareholders who attended and voted for or against any resolutions at the SGM. No Shareholder was entitled to attend and vote only against any resolution proposed for approval at the SGM. No person has indicated in the Circular containing the notice of the SGM that it/he/she is required to abstain from voting on any resolutions proposed for approval at the SGM.

* for identification purpose only

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POLL RESULTS

The Board is pleased to announce the poll results of the SGM as follows:

		Number of Votes (%)
	Ordinary Resolutions	For	Against
1.	(a) To approve and rectify the subscription agreement	18,796,040,000	0
	dated 21 May 2020 (the "Subscription	(100%)	(0%)
	Agreement") (as supplemented on 30 June 2020
	and 29 July 2020) and entered into between the
	Company and Ms. Wan Yuzhen and Ms. Zhong
	Lirong respectively in respect of the issue of
	Convertible Bonds in an aggregate principal
	amount of HK$152,000,000 (the "Convertible
	Bonds") upon and subject to the terms and
	conditions as set out therein.
	(b) To approve the issue of the Convertible Bonds by	18,796,040,000	0
	the Company in accordance with the terms and	(100%)	(0%)
	conditions of the Subscription Agreements.
	(c) To approve the allotment and issue of new ordinary	18,796,040,000	0
	shares of HK$0.01 each in the share capital of the	(100%)	(0%)
	Company (the "Conversion Shares") which may
	fall to be allotted and issued upon the exercise of
	the conversion rights attaching to the Convertible
	Bonds in accordance with the terms and conditions
	of the Subscription Agreements.
	(d) To approve the directors of the Company (the	18,796,040,000	0
	"Directors") to exercise the powers of the	(100%)	(0%)
	Company for the allotment and issue of the
	Conversion Shares in accordance with the terms
	and conditions of the Convertible Bonds,
	conditional upon, among others, the listing
	committee of The Stock Exchange of Hong Kong
	Limited granting the listing of, and permission to
	deal in the Conversion Shares under the specific
	mandate.
	(e) To approve any one Director to do all such things	18,796,040,000	0
	and acts as he may in his discretion consider	(100%)	(0%)
	necessary, desirable or expedient, for the purposes
	of or in connection with the implementation of the
	Subscription Agreements and the transactions
	contemplated thereunder, including but not limited
	to the execution of all such documents under seal
	where applicable, as he considers necessary or
	expedient in his opinion to implement and/or give
	effect to the issue of the Convertible Bonds and the
	allotment and issue of the Conversion Shares
	which may fall to be allotted and issued upon
	exercise of the conversion rights attaching to the
	Convertible Bonds.

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Note: Please refer to the notice of SGM dated 29 July 2020 for the full text of the resolutions.

As all of the votes were cast in favour of each of the resolutions, all resolutions were duly passed as ordinary resolutions.

By Order of the Board

Wai Chun Group Holdings Limited

Lam Ching Kui

Chairman and Chief Executive Officer

Hong Kong, 18 August 2020

As at the date of this announcement, the Board comprises:

Executive Director:

Mr. LAM Ching Kui (Chairman and Chief Executive Officer)

Independent Non-executive Directors:

Mr. Chan Chun Wai, Tony

Mr. Ko Ming Tung, Edward

Ms. Chen Dairong

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