Voluntary Announcement Award of Contracts

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Voluntary Announcement Award of Contracts

2022-10-09

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.

(Incorporated in the Cayman Islands with limited liability)
(Stock code: 6816)

VOLUNTARY ANNOUNCEMENT
AWARD OF CONTRACTS

 

 

This announcement is published on a voluntary basis to keep the shareholders of Prosper Construction Holdings Limited (the “Company”, together with its subsidiaries, the “Group”) and potential investors informed of the latest business development of the Group.

The board of directors of the Company (the “Board”) is pleased to announce that in August to September 2022 the Group has been awarded the following projects which are noteworthy or of significant amount.

Project nature and description

Expected contract sum

(HK$’million)

Office building project main contract

788.4

Office building project main construction

184.4

Residential building project main contract

151.1



The expected contract sum of each project is estimation only and is subject to the completion of all works as stated in the respective contract, including all contingent and/or provisional contract amounts which may or may not materialise, and other price adjustment and/or compensation provision(s); accordingly, the actual revenue to be derived from the respective project by the Group may equal to, exceed or fall short of the expected contract sum stated above.

Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company.

 

  By order of the Board
Prosper Construction Holdings Limited
Ni Chuchen

Executive Director

 

Hong Kong, 3 October 2022

As at the date of this announcement, the Board comprised executive Directors Mr. JIANG Hongchong (chairman of the Board), Mr. LIU Yutao, Mr. YANG Zhenshan, Mr. YANG Honghai, Mr. NI Chuchen; non-executive Director Mr. CUI Qi; and independent non-executive Directors Mr. CHEUNG Chi Man Dennis, Mr. WANG Yaping and Mr. CHENG Xuezhan.

For the purpose of this announcement, conversion of Chinese Renminbi (“RMB”) into Hong Kong Dollars (“HKD”) is made at the rate of RMB0.84 to HKD1.00 for illustration purposes only. Such conversion shall not be construed as representation that any amounts in RMB and HKD were, may have been, or will be converted into those currencies, or vice versa, in the above rates or at any other rates.