MECOM Power and Construction : VOLUNTARY ANNOUNCEMENT - EXTENSION OF FACILITY MANAGEMENT SERVICES AGREEMENTS

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MECOM POWER AND CONSTRUCTION LIMITED

澳 能 建 設 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1183)

VOLUNTARY ANNOUNCEMENT

EXTENSION OF FACILITY MANAGEMENT SERVICES AGREEMENTS

This is a voluntary announcement made by the Company to provide the shareholders and potential investors of the Company an update on the latest business development of the Group.

The Board is pleased to announce that the Group has renewed the term of services for three facility management services agreements for a further term of two years and a summary of the services agreements is set out below:

	Service		Extension	Extension
No.	provider	Scope of work	contract period	contract sum
				(Note)
1.	EHY	Provision of operation and maintenance services for energy	1 July 2020 -	MOP59,666,797
		centres and mechanical, electrical and plumbing systems of	30 June 2022
		hotel complex
2.	EHY	Provision of operation and maintenance services for energy	1 July 2020 -	MOP16,399,584
		centres and mechanical, electrical and plumbing systems of	30 June 2022
		hotel complex
3.	EHY	Provision of operation and maintenance services for energy	1 October 2020 -	MOP37,518,106
		centres and mechanical, electrical and plumbing systems of	30 September 2022
		hotel complex

Note: Subject to any variation orders as may be requested by the customer from time to time.

The Board wishes to state that no forecast or prediction of the profits of the Group has been made with regard to the extension of the above services agreements and other projects secured by the Group.

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

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DEFINITIONS

The following terms have the following meanings in this announcement unless the context otherwise requires:

''Board''	the board of Directors of the Company
''Company''	MECOM Power and Construction Limited, an exempted company
	incorporated in the Cayman Islands with limited liability, the issued
	shares of which are listed on the Main Board of The Stock Exchange
	of Hong Kong Limited (stock code: 1183)
''Director(s)''	the director(s) of the Company
''EHY''	EHY Construction and Engineering Company Limited, an indirect
	wholly-owned subsidiary of the Company
''Group''	the Company and its subsidiaries
''Macau''	the Macau Special Administrative Region of the People's Republic of
	China
''MOP''	Macanese pataca, the lawful currency of Macau
	By Order of the Board
	MECOM Power and Construction Limited
	Kuok Lam Sek
	Chairman

Hong Kong, 22 September 2020

As at the date of this announcement, the executive Directors are Mr. Kuok Lam Sek and Mr. Sou Kun Tou, and the independent non-executive Directors are Ms. Chan Po Yi, Patsy, Mr. Cheung Kiu Cho, Vincent and Mr. Lio Weng Tong.

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