AMCO United : Announcements and Notices - Supplemental Announcement - Discloseable Transaction: Acquisition of 40% of Issued Share Capital of the Target

E160130166Ann.indd

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 Bermuda with limited liability)

(Stock Code : 630)

SUPPLEMENTAL ANNOUNCEMENT - DISCLOSEABLE TRANSACTION: ACQUISITION OF 40% OF ISSUED SHARE CAPITAL OF THE TARGET

Reference is made to the circular of the Company dated 2 November 2015 ("Circular") in relation to the SM Placing and the announcement of the Company dated 15 January 2016 ("Announcement") in relation to the acquisition of 40% of issued share capital of the Target. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as defined in the Circular and the Announcement.

As stated in the Circular, in view of the need of office space of the Group, the business expansion and recruitment plan of the Group, the Company intends to use approximately HK$51.1 million of the net proceeds from the SM Placing for purchasing an office in Hong Kong. As disclosed in the Announcement, subject to the business needs of the Group due to its recent expansion of business and the negotiation between the Group and the Vendor, the Properties may be used by the Group and/or the Vendor or lease out to third party tenants so as to generate rental income for the Target Group.

* For identification purposes only

The Company wishes to state that the Properties are primarily intended for self-use purpose but as at the date of this announcement, the Company has yet to decide whether the Properties will be for self-use or leasing out. The Company will publish an update announcement at completion of the Acquisition so that the Shareholders and public investors will be kept informed of the status.

On behalf of the Board

AMCO United Holding Limited YIP Wai Lun, Alvin

Chairman and Managing Director

Hong Kong, 22 January 2016

As at the date of this announcement, Mr. Yip Wai Lun, Alvin, Mr. Cheng Kin Chor and Mr. Leung Kelvin Ming Yuen are the executive Directors; and Mr. Wong Siu Ki, Mr. Chan Ngai Sang Kenny and Mr. Li Kwok Fat are the independent non-executive Directors.