Major transaction provision of guarantee in relation to the joint venture delay in despatch of circular

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.

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 896)

MAJOR TRANSACTION

PROVISION OF GUARANTEE

IN RELATION TO THE JOINT VENTURE

DELAY IN DESPATCH OF CIRCULAR

Reference is made to the announcement of the Company dated 16 August 2019 in relation to, among other things, the provision of Guarantee (the "Announcement"). Capitalised terms used herein shall have the same meanings as those defined in the Announcement unless otherwise specified.

Pursuant to Rule 14.41(a) of the Listing Rules, a circular containing, among other things, details of the Guarantee is required to be despatched to the Shareholders within 15 Business Days after the publication of the Announcement, which shall be on or before 6 September 2019. As it is expected that the Company will require additional time to prepare the financial information for inclusion in the circular, the Company has applied to the Stock Exchange and the Stock Exchange has granted a waiver from strict compliance with Rule 14.41(a) of the Listing Rules for the circular to be despatched on or before 25 September 2019 so as to include the financial information. The date of despatch of the circular is expected to be delayed to a date falling on or before 25 September 2019.

By order of the Board

Hanison Construction Holdings Limited

Wong Sue Toa, Stewart

Managing Director

Hong Kong, 4 September 2019

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