According to the announcement from rykadan capital (02288), the company periodically conducts strategic reviews of the group's assets to create substantial returns for the company's shareholders. As part of this review, the group has been exploring opportunities to monetize its investment in the rykadan capital building at 135 waterfront road, Kowloon, Hong Kong. The group has received a third-party offer to purchase several units and parking spaces held by the group in the rykadan capital building, including the unit currently occupied by the company as its Hong Kong headquarters and primary business location, and the group is in discussions with the third party regarding the sale of these units and parking spaces ("Potential Sale Matters"). If the Potential Sale Matters proceed, it is expected to constitute a very substantial disposal under Chapter 14 of the Listing Rules. As of the date of this announcement, the group has not made any decisions regarding the Potential Sale Matters, nor have any sale and purchase agreements been entered into.

In response to the company's request, trading in the company's shares on the Stock Exchange of Hong Kong will be suspended from 9:00 a.m. on Thursday, November 7, 2024, pending the publication of this announcement. The company has applied to the Stock Exchange of Hong Kong for trading in the company's shares to resume from 9:00 a.m. on Friday, November 8, 2024.