PPS International : Extension Of Completion Of Subscription Of Convertible Bonds Under Specific Mandate

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 the 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.

PPS INTERNATIONAL (HOLDINGS) LIMITED

寶 聯 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8201) EXTENSION OF COMPLETION OF SUBSCRIPTION OF CONVERTIBLE BONDS UNDER SPECIFIC MANDATE

Reference is made to the announcements dated 15 June 2017 and 8 August 2017, and the circular (the "Circular") dated 21 July 2017 of PPS International (Holdings) Limited (the "Company") in relation to, among other things, the subscription of convertible bonds in the principal amount of HK$50,000,000. Unless otherwise defined or the content otherwise requires, capitalised terms used herein shall have the same meanings as those defined in the Circular.

As set out in the Circular, pursuant to the Subscription Agreement, the Completion shall take place, within 5 Business Days following the date on which the conditions precedent under the Subscription Agreement are fulfilled, being 16 August 2017, or such other date as the Company and the Subscriber may agree in writing.

The Board wishes to announce that on 16 August 2017 (after trading hours), as additional time is required for the Subscriber to fulfil the Subscription Amount, the Company has entered into an extension letter with the Subscriber to extend the Completion Date to 21 August 2017 (or such other date as the Company and the Subscriber may agree in writing).

Save for the aforesaid extension of the Completion Date, all other terms and conditions of the Subscription Agreement shall remain unchanged, and the Subscription Agreement shall remain in full force and effect in all respects.

By order of the Board

PPS International (Holdings) Limited Ye Jingyuan

Chief Executive Officer and Executive Director

Hong Kong, 16 August 2017

As at the date of this announcement, the Board of the Company comprises three executive Directors, Mr. Ye Jingyuan, Mr. Yu Shaoheng and Ms. Mui Fong and three independent non-executive Directors, Mr. Chui Chi Yun, Robert, Mr. Kwong Tsz Ching, Jack and Mr. Yu Xiufeng.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the "Latest Company Announcements" page of the internet website operated by the Stock Exchange for the purposes of the Growth Enterprise Market at www.hkgem.com for at least seven days from the day of its posting and will be published on the website of the Company at www.ppsintholdings.com.