Emperor International : & C C Land acquired 10% equity interest in “No.15 Shouson” respectively

【For Immediate Release】

Emperor International & C C Land acquired 10% equity interest

in "No.15 Shouson" respectively

Demonstrating an optimistic attitude about the

prospects of the property

[16th September, Hong Kong] Emperor International Holdings Limited (0163) & C C Land Holdings Limited (1224) signed the Sale and Purchase Agreement respectively with Mingfa Group (International) Company Limited (0846)to acquire half of the 20% project equity of "No.15 Shouson" held by Mingfa Group for HK$325 million each, which the expected completion date will be 15 November 2022. Upon completion, both Emperor International Holdings Limited and C C Land Holdings Limited will each increase holdings by 10% of the total project equity.

Mr. Alex Yeung, Vice Chairman of Emperor International, expressed that "' No.15 Shouson' is situated in a traditional luxury residential district of Hong Kong Island where the same level of luxury housing supply is scarce, so it has always been a focus in the market. Given the prospect in the luxury property market, the potentiality of the development, and sufficient cash flow of the Group, the acquisition is in line with the Group and the overall interest of the shareholders. The equity interest held by the Group will be increased to 50% upon completion, which is a precious opportunity to generate more income and provide a capital appreciation of the property to the Group in the future. Along with the increasing inquiry from foreign potential purchasers, it is expected that the attention of buyers with strong purchasing power to 'No.15 Shouson' will continue especially after the orderly resumption of normal travel between Hong Kong and the Mainland."

Simultaneously, our collaboration partner, C C Land Holdings Limited, is also optimistic about the project development. Mr. Dickie Wong, Deputy Chairman of CC Land Holding Limited, pointed out that "We are so pleased to increase the project equity of 'No. 15 Shouson'. By working closely with every partner, the project recorded a satisfying and prospecting sales performance, so that in the future, we will orderly announce sales arrangements to fulfill the market demand. We believe that the acquisition could bring us considerable returns."

"No.15 Shouson" has become the focal point within the market and recorded two transactions with ideal prices in June 2022 with House 7 for HK$870 million and in July 2022 with House 11 for HK$435 million respectively short after the launch."No.15 Shouson" offers 15 detached houses, each with a saleable area ranging from 3,727 to 12,073 square feet, and a layout from 4 to 6 en-suites. Shouson Hill has long been a superior residential area in Hong Kong, and is adjacent to prestigious clubhouses such as Hong Kong Golf Club and Aberdeen Marina Club, first-class entertainment is within reach.

For more details about "No.15 Shouson", please visit the website: www.15shouson.com

Photo Description

Photo 1：

Mr. Alex Yeung, Vice Chairman of Emperor International expressed that the acquisition means that the Group is confident in the project.

Photo 2

Emperor International & C C Land increase shareholding in "No.15 Shouson" and are optimistic about the prospects and potentialities of the project.

Name of the Development: No.15 Shouson ("the Development")

District: Shouson Hill and Repulse Bay

Name of the street and street number of the Development: No. 15 Shouson Hill Road West

The address of the website designated by the Vendor for the Development for the purposes of Part 2 of the Residential Properties (First-hand Sales) Ordinance: www.15shouson.com

The photographs, images, drawings or sketches shown in this advertisement/promotional material represent an artist's impression of the development concerned only. They are not drawn to scale and/or may have been edited and processed with computerized imaging techniques. Prospective purchasers should make reference to the sales brochure for details of the development. The Vendor also advises prospective purchasers to conduct an on-site visit for a better understanding of the development site, its surrounding environment and the public facilities nearby.

All contents of this advertisement do not constitute and shall not be construed as constituting any contractual term, offer, representation, undertaking or warranty, whether expressed or implied, on the part of the Vendor regarding the development. The photos and drawings shown in this advertisement have been processed with computerized imaging techniques and do not reflect the actual external appearance of or the view of or from the development or any part thereof, or the surrounding environment and buildings of the development. The said view will be affected by the surrounding environment and buildings of the development and are subject to

change from time to time. The fittings, finishes, appliances, decorations and other objects therein may not appear in or the view may not be seen in or from the development or its surrounding area. They are for reference purpose only and do not constitute and shall not be construed as constituting any contractual term, offer, representation, undertaking or warranty, whether expressed or implied, on the part of the Vendor regarding the development.

Vendor: Talent Charm Corporation Limited

Holding company of the Vendor: Superb Land Limited

Authorized person for the development: Lee Kar Yan, Douglas

The firm or corporation of which an authorized person for the development is a proprietor, director or employee in his or her professional capacity: Andrew Lee King Fun & Associates Architects Limited

Building contractor for the development: Paul Y. Builders Limited

The firm of solicitors acting for the owner in relation to the sale of residential properties in the development: Baker & McKenzie

Authorized institution that has made a loan, or has undertaken to provide finance, for the construction of the development: The Hongkong and Shanghai Banking Corporation Limited

Any other person who has made a loan for the construction of the development: Superb Land Limited