ENM : 24 Jun 2019 Inside Information - Positive Profit Alert

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ENM HOLDINGS LIMITED

安 寧 控 股 有 限 公 司

(Incorporated in Hong Kong with limited liability)

(Stock Code: 00128)

INSIDE INFORMATION

POSITIVE PROFIT ALERT

This announcement is made pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.

The Board of the Company wishes to inform the shareholders of the Company and potential investors that based on the 31 May 2019 Management Accounts, the Group recorded a profit of approximately HK$35 million for the five months ended 31 May 2019 as compared to the loss attributable to shareholders of the Company of HK$18 million for the six months ended 30 June 2018. Such turnaround in the Group's profitability is mainly attributable to net realised and unrealised gains of our portfolio of investments of approximately HK$51 million (based on available information for completion of 31 May 2019 Management Accounts) contributed by a significant rebound in the global securities markets during the period as compared to net realised and unrealised losses of HK$8 million in our investment portfolio for the six months ended 30 June 2018. Taking into consideration the current conditions of the global securities markets and our portfolio of investments, and the 31 May 2019 Management Accounts, the Group is expected to record a significant turnaround of its results by recording a profit for the six months ending 30 June 2019 as compared to the loss for the corresponding period in 2018.

Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.

This announcement is made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong) (the "SFO").

The board of Directors (the "Board") of ENM Holdings Limited (the "Company", and together with its subsidiaries, the "Group") wishes to inform the shareholders of the Company and potential investors that based on the unaudited consolidated management accounts of the Group for the five months ended 31 May 2019 which have not been reviewed or audited by the independent auditors nor the Audit Committee of the Company (the "31 May 2019

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Management Accounts"), the Group recorded a profit of approximately HK$35 million for the five months ended 31 May 2019 as compared to the loss attributable to shareholders of the Company of HK$18 million for the six months ended 30 June 2018. Such turnaround in the Group's profitability is mainly attributable to net realised and unrealised gains of our portfolio of investments of approximately HK$51 million (based on available information for completion of 31 May 2019 Management Accounts) contributed by a significant rebound in the global securities markets during the period as compared to net realised and unrealised losses of HK$8 million in our investment portfolio for the six months ended 30 June 2018. Taking into consideration the current conditions of the global securities markets and our portfolio of investments, and the 31 May 2019 Management Accounts, the Group is expected to record a significant turnaround of its results by recording a profit for the six months ending 30 June 2019 as compared to the loss for the corresponding period in 2018.

As the Company has not yet prepared the unaudited consolidated interim results of the Group for the six months ending 30 June 2019 which will include realised and unrealised gains/losses in the investment portfolio; given the fact that the current global investment markets are extremely volatile and the properties valuation reports are not yet available, the information contained in this announcement is only based on the 31 May 2019 Management Accounts and other portfolio, performance and business unit information that is currently available to the Board. The Board wishes to emphasize that the contribution from our portfolio of investments will continue to be affected by the global securities markets which have been extremely volatile during the past year. Shareholders of the Company and potential investors should carefully read the Group's interim results announcement for the six months ending 30 June 2019, which is expected to be published by end of August 2019.

Shareholders of the Company and potential investors should exercise caution when dealing in the shares of the Company.

By Order of the Board

David Parker

Executive Director

and Chief Executive Officer

Hong Kong, 24 June 2019

As at the date of this announcement, the Executive Director is Mr. David Charles PARKER (Chief Executive Officer), the Non-executive Director is Mr. Derek Wai Choi LEUNG (Non- executive Chairman), and the Independent Non-executive Directors are Mr. Kin Wing CHEUNG, Mr. Kiu Sang Baldwin LEE, Mr. Ted Tak Tai LEE and Ms. Sarah Young O'DONNELL.

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