Investor Relations

JOINT ANNOUNCEMENT

2022-08-18

JOINT ANNOUNCEMENT

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(1) SALE AND PURCHASE OF SHARES IN SILVER TIDE HOLDINGS LIMITED;

(2) MANDATORY UNCONDITIONAL CASH OFFER BY HEAD & SHOULDERS SECURITIES FOR AND ON BEHALF OF CENTRAL FORCE PREMIUM GROUP LIMITED TO ACQUIRE ALL THE ISSUED SHARES OF SILVER TIDE HOLDINGS LIMITED (OTHER THAN THOSE ALREADY OWNED AND/OR AGREED TO BE ACQUIRED BY CENTRAL FORCE PREMIUM GROUP LIMITED AND THE PARTIES ACTING IN CONCERT WITH IT);

(3) ESTABLISHMENT OF INDEPENDENT BOARD COMMITTEE; AND

(4) RESUMPTION OF TRADING