Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint 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 joint announcement.

This joint announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of HKC (Holdings) Limited.


CREATOR HOLDINGS LIMITED

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(Incorporated in the British Virgin Islands with limited liability)



(Incorporated in Bermuda with limited liability)

(Stock code: 190) (Warrant code: 1403)

(website: www.hkcholdings.com)

DELAY IN DESPATCH OF THE COMPOSITE DOCUMENT IN RELATION TO MANDATORY UNCONDITIONAL CASH OFFERS BY SOMERLEY CAPITAL LIMITED FOR AND ON BEHALF OF CREATOR HOLDINGS LIMITED TO ACQUIRE ALL THE ISSUED SHARES AND ALL THE OUTSTANDING WARRANTS (OTHER THAN THOSE ALREADY OWNED OR AGREED TO BE ACQUIRED BY CREATOR HOLDINGS LIMITED AND PARTIES ACTING IN CONCERT WITH IT) AND TO CANCEL ALL THE OUTSTANDING SHARE OPTIONS OF HKC (HOLDINGS) LIMITED

Reference is made to the joint announcement (the "Joint Announcement") issued by the Company and the Offeror dated 26 January 2015 in relation to, among other things, the Sale and Purchase Agreement and the Offers. Unless otherwise defined, capitalized terms used herein shall have the same meaning as those defined in the Joint Announcement.

DELAY IN DESPATCH OF THE COMPOSITE DOCUMENT

According to the Joint Announcement, the Composite Documents containing, among other things, (i) details of the Offers (including the expected timetable); (ii) the letter of recommendation from the Independent Board Committee to the Independent Shareholders, the Independent Warrantholders and the Independent Optionholders in relation to the Offers; (iii) the letter of advice from the Independent Financial Adviser to the Independent Board Committee in relation to the Offers, (iv) the property valuation report; and (v) the relevant forms of acceptance, will be despatched to the Shareholders, Warrantholders and Optionholders on or before 13 April 2015.

Given there has been a slight delay in the availability of the property valuation report and due to Easter holidays, application has been made for the consent of the Executive, and the Executive has granted its consent, for an extension of the time limit for the despatch of the Composite Document from 13 April 2015 to 23 April 2015.

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Further announcement(s) will be jointly made by the Company and the Offeror as and when appropriate.

All references to time and date contained in this joint announcement refer to Hong Kong time and date. Independent Shareholders, Independent Warrantholders, Independent Optionholders and/ or potential investors of the Company are advised to exercise caution when dealing in the securities of the Company. The Offeror and the Company remind their respective associates of the dealing restrictions under the Takeovers Code and to disclose their permitted dealings, if any, in any securities of the Company.

By Order of the board of directors of

Creator Holdings Limited OEI Kang, Eric

Director

By Order of the Board

HKC (Holdings) Limited CHAN Kwok Fong, Joseph Executive Director

Hong Kong, 13 April 2015

As at the date of this joint announcement, the directors of the Offeror are Mr. OEI Kang, Eric and
Mrs. OEI Valonia Lau.
As at the date of this joint announcement, the Board comprises nine Directors, of which Mr. OEI Kang, Eric, Mr. CHAN Kwok Fong, Joseph, Mr. LEE Shiu Yee, Daniel and Mr. WONG Jake Leong, Sammy are executive Directors; Mr. OEI Tjie Goan and Ms. YEN Teresa are non-executive Directors; and Mr. CHUNG Cho Yee, Mico, Mr. CHENG Yuk Wo and Mr. Albert Thomas DA ROSA, Junior are independent non- executive Directors.
The directors of the Offeror jointly and severally accept full responsibility for the accuracy of the information contained in this joint announcement (other than the information relating to the Group), and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this joint announcement (other than those expressed by the Group) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement, the omission of which would make any statement contained in this joint announcement misleading.
The Directors jointly and severally accept full responsibility for the accuracy of the information contained in this joint announcement (other than the information relating the Offeror and its concert parties) and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this joint announcement (other than those expressed by the Offeror and its concert parties) have been arrived at after due and careful consideration and there are no other facts not contained in this joint announcement the omission of which would make any statements in this joint announcement misleading.

* For identification purposes only

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