KNK Holdings Limited announced pursuant to Rules 18.49 and 18.48A of the GEM Listing Rules, the Company is required (but failed) to publish an announcement in relation to the Audited Results not later than three months after the end of the financial year of the Company, i.e. on or before 30 June 2022. As a result, trading in the shares of the Company has been suspended since 4 July 2022. As stated in the Announcements, the Company expected to publish the Audited Results and the Annual Report upon completion of the relevant audit work of the Group on or before 12 August 2022 and 19 August 2022 respectively.

The Directors wishes to update Shareholders that publication of the announcement in relation to the Audited Results has been further delayed as additional time is required by the auditors of the Company to complete its audit work towards the Audited Results. The Company is now using its best endeavours to assist and cooperate with the auditors in its performance of the required audit work, so that the announcement in relation to the Audited Results can be finalized, approved and published as soon as practicable. The Company is now expecting the Audited Results and Annual Report to be published on or before 19 August 2022.

Accordingly, the date of board meeting scheduled on 12 August 2022 to approve, among other things, the Audited Results, will be postponed to 19 August 2022. Pursuant to Rule 18.66 of the GEM Listing Rules, the Company must publish its quarterly results (the " First Quarterly Results ") and despatch its quarterly report (the " First Quarterly Report"), in respect of the first three month ended 30 June 2022, not later than 45 days after the end of the first quarter of each financial year, i.e. 15 August 2022. As the publication of the Audited Results is still pending, the Company is unable to make the First Quarterly Results and despatch its First Quarterly Report to the Shareholders within the prescribed time in accordance with the GEM Listing Rules.

The Company is now expecting the First Quarterly Results and First Quarterly Report to be published on or before 19 August 2022. Accordingly, the date of board meeting scheduled on 15 August 2022 to approve, among other things, the First Quarterly Results, will be postponed to 19 August 2022.