Press Release

Apply for Voluntary Trading Halt

Assist Investigation of the Enforcement Authority

 

Convoy Global Holdings Limited (the “Company”) learnt that the enforcement authority (the “Authority”) conducted enforcement operations earlier today (the “Incident”), involving two Executive Directors of the Company (the “Involved Individuals”).

 

Because the Incident involves enforcement operations of the Authority and potential litigations, the Company is not in a position to provide further comments, so as to avoid causing undue influence.

 

The Company has applied to The Stock Exchange of Hong Kong for a voluntary trading halt this morning, so as to facilitate making timely clarification and announcement on important business issues.

 

The Company has followed standard protocol to adopt prudent measure to immediately suspend the work responsibilities of the two Executive Directors, in order to support the investigation of the Authority.

 

If the Company has important decision on the Incident, it will make public announcement in a timely fashion.