Amax : Announcements and Notices -

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.

奧瑪仕國際控股有限公司

(Incorporated in Bermuda with limited liability)

Reference is made to the announcements of Amax International Holdings Limited dated 18 March 2014 (the "Announcement") in relation to the Proposed Acquisition of 60% shareholding of the Target Company by the Company; 14 October 2014 (the "Acquisition Announcement") in relation to the Acquisition; 11 November 2014 (the "Completion Announcement") in relation to the completion of the sale and purchase of 60% equity interests in the Target Company; 23 December 2014, 31 March 2015, 2 July 2015, 18 May 2016 (the "Update Announcements") in relation to the status updates on the commencement of trading; 31 July 2015 (the "Specific Mandate Announcement") in relation to the issue of shares under specific mandate and 27 May 2016 (the "Supplemental Announcement") in relation to the Supplemental Agreement in connection with the issue of Additional Consideration Shares. Terms defined in the Announcement; Acquisition Announcement; Completion Announcement; Update Announcements; Specific Mandate Announcement and the Supplemental Announcement shall have the same meanings when used herein, unless the context requires otherwise.

Pursuant to the terms and conditions of the Sale and Purchase Agreement (as supplemented by the Supplemental Agreement), the remaining Consideration of HK$19,240,000 shall be satisfied by the allotment and issue of the 2nd Tranche Consideration Shares and the Additional Consideration Shares to the Vendor within 6 months after the commencement of the operation of the gaming business in Vanuatu.

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The Board is pleased to announce that the operation of the gaming business in Vanuatu commenced on 30 June 2016 and the Company has allotted and issued the 2nd Tranche Consideration Shares and the Additional Consideration Shares to the Vendor on 26 July 2016.

The table below sets out the changes to the shareholding structure of the Company as a result of the allotment and issue of the 2nd Tranche Consideration Shares and the Additional Consideration Shares:

No of Shares % No of Shares %

Mr. Ng Man Sun (Note 1) 47,412,366 9.64 47,412,366 9.24

申楠（澳門）投資有限公司

(Note 2) 48,191,000 9.80 48,191,000 9.39

The Vendor - - 21,300,000 4.15

Other public Shareholders 396,295,813 80.56 396,295,813 77.22

Note:

1. Mr. Ng Man Sun is the substantial shareholder, chairman, chief executive officer and executive Director of the Company.

2. Ms. Xu Ting holds 76% equity interests and Mr. Huang Wei Qiang holds 24% equity interests respectively in 申楠（澳門）投資有限公司.

By order of the Board

Chairman and Chief Executive Officer

Hong Kong, 26 July 2016

As at the date hereof, Mr. Ng Man Sun (Chairman and Chief Executive Officer) and Ms. Ng Wai Yee are the executive directors of the Company; and Ms. Yeung Pui Han, Regina, Mr. Li Chi Fai and Ms. Sie Nien Che, Celia are the independent non-executive directors of the Company.

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