2 May 2019

KWIH’s Brand New Residential Development at Kai Tak Officially Named “K.SUMMIT 嘉峯匯”

K. Wah International Holdings Limited (“KWIH” or “the Group”) (stock code: 00173) officially named its second residential project at Kai Tak as “K.SUMMIT 嘉 峯匯”. The development comprises 1,006 units across four residential towers and four houses with commercial facilities. Typical units offer a variety of layouts from studio to three-bedroom units. Special units will also be available to suit different buyers.

The project name “K.SUMMIT” consisting the letter “K” comes from the first alphabet of both “KWIH” and “Kai Tak” that can be interpreted as capturing the essence of KWIH’s premium quality residential developments and the prime area respectively.

The Chinese name “嘉峯匯” is inspired by KWIH’s first residential development namely “K.CITY 嘉匯” at Kai Tak which has received prestigious internationallyrecogised awards and accolades. As reflected in the Chinese name, the first character “嘉” is retained in the brand naming for the Group’s development projects, and it instills the idea of “home” that is exemplified in the brand philosophy for building an ideal home for residents. The second character “峯”, symbolises Kai Tak against the spectacular backdrop of the iconic Lion Rock to beome an integral part of the city’s skyline. The last character “匯” is defined as embracing infinite potential coupled witih impeccable infrastructure and urban planning for Kai Tak.

District in which the development is situated: Kai Tak

Street number and name of the street at which the development is situated: 9 Muk Tai Street (The provisional street number is subject to confirmation when the development is completed.)

Address of the website designated by the Vendor for the development: www.ksummit.com.hk

The photographs, images, drawings or sketches shown in this advertisement/promotional material represent an artist’s impression of the development concerned only. They are not drawn to scale and/or may have been edited and processed with computerized imaging techniques. Prospective purchasers should make reference to the sales brochure# for details of the development. The vendor also advises prospective purchasers to conduct an onsite visit for a better understanding of the development site, its surrounding environment and the public facilities nearby.

Vendor: Century Basis Limited│ Holding companies of the Vendor: K. Wah International Holdings Limited, Sutimar Enterprises Limited, K. Wah Stones (Holdings) Limited and K. Wah Properties Investment Limited│ Authorized person for the development: Wong Min Hon Thomas │ Firm or corporation of which the authorized person for the development is a proprietor, director or employee in his or her professional capacity: Wong Tung & Partners Limited│ Building contractor for the development: Grand Tech Construction Company Limited│ Firm of solicitors acting for the owner in relation to the sale of residential properties in the development: Baker & McKenzie and P. C. Woo & Co. │Authorized institution that has made a loan, or has undertaken to provide finance, for the construction of the development: The Hongkong and Shanghai Banking Corporation Limited and Hang Seng Bank Limited │ Other person who has made a loan for the construction of the development: K. Wah Stones (Holdings) Limited│ The estimated material date for the development to the best of the Vendor’s knowledge: 30 November 2021 ( “material date” means the date on which the conditions of the land grant are complied with in respect of the development. The estimated material date is subject to any extension of time that is permitted under the agreement for sale and purchase.)

This advertisement/ promotional material is for reference only. It does not constitute and shall not be construed as giving any offer, representation, covenant, warranty or contractual term, whether express or implied (whether related to view or not). The Vendor reserves its right to amend the building plans and other plans from time to time, and the design of the development is subject to the final plans approved by the relevant Government authorities. Market conditions may change from time to time. Prospective purchasers shall not rely on or be influenced by any content or information contained in this advertisement/promotional material in deciding whether to purchase or when to purchase any residential property. The Vendor shall not be liable to any damage sustained by any person arising from his decision of purchase or other decisions made by reliance on the content contained in this advertisement/ promotional materials. This advertisement/promotional material is published by the Vendor or under the consent of the Vendor.A prospective purchaser is advised to refer to the sales brochure# for any information on the development. Printing Date: 2019-05-02

# The sales brochure of the development is not yet made available on the printing date of this advertisement/promotional material.

Consent to enter into agreements for sale and purchase of the residential units and parking spaces of the development has not yet been obtained from the Director of Lands.