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VOLUNTARY ANNOUNCEMENT SUCCESSFUL TENDER

2024-05-24 00:00:00

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.Sang Hing Holdings (International) Limited 生兴控股(国际)有限公司 (Incorporated in the Cayman Islands with limited liability) (Stock Code: 1472) VOLUNTARY ANNOUNCEMENT SUCCESSFUL TENDER This announcement is made by Sang Hing Holdings (International) Limited (the “Company” and together with its subsidiaries the “Group”) on a voluntary basis to keep the shareholders and potential investors of the Company informed of the latest business development of the Group.The board of directors of the Company (the “Board”) is pleased to announce that a joint venture formed between Sang Hing Civil Contractors Company Limited a wholly-owned subsidiary of the Company and Kuly Construction & Engineering Company Limited was awarded a tender on 23 May 2024 for a civil engineering project in relation to site formation and engineering infrastructure works in Hung Shui Kiu/Ha Tsuen New Development Area Hong Kong (the “Tender”). The summary of the tender is set out below: Provisional total contract sum as stipulated Date of under the Tender commencement (approximately Expected contract Customer Types of works Location of works HK$ million) period Civil Engineering Site formation Hung Shui Kiu/ 3 June 2024 560 From 3 June 2024 to and Development and engineering Ha Tsuen New 2 December 2028 Department infrastructure Development Area works 1The Board wishes to state that no forecast or prediction of the profits of the Group has been made with regard to the Tender.Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.By order of the Board Sang Hing Holdings (International) Limited Lai Wai Chairman and Executive Director Hong Kong 24 May 2024 As at the date of this announcement the executive Directors are Mr. Lai Wai and Mr. Lai Ying Wah; and the independent non-executive Directors are Professor Leung Yee Tak Mr. Ho Tai Tung Ms. Tsang Wing Kiu and Mr. Choi Ho Yan. 2