1716 IMPORTANT If you are in any doubt about any of the contents of this prospectus, you should obtain independent professional advice. Most Kwai Chung Limited 毛記葵涌有限公司 (Incorporated in the Cayman Islands with limited liability) SHARE OFFER Number of Offer Shares : 67,500,000 Shares Number of Public Offer Shares : 6,750,000 Shares (subject to reallocation) Number of Placing Shares : 60,750,000 Shares (subject to reallocation) Offer Price : Not more than HK$1.2 per Offer Share and not less than HK$1.0 per Offer Share plus brokerage of 1%, SFC transaction levy of 0.0027% and Stock Exchange trading fee of 0.005% (payable in full upon application in Hong Kong dollars and subject to refund) Nominal value : HK$0.01 per Share Stock code : 1716 Sole Sponsor Sole Bookrunner and Sole Lead Manager Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and Hong Kong Securities Clearing Company Limited take no responsibility for the contents of this prospectus, 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 prospectus. A copy of this prospectus, having attached thereto the documents specified in the paragraph headed “A. Documents delivered to the Registrar of Companies” in Appendix V to this prospectus, has been registered by the Registrar of Companies in Hong Kong as required by section 342C of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Chapter 32 of the Laws of Hong Kong). The Securities and Futures Commission of Hong Kong and the Registrar of Companies in Hong Kong take no responsibility as to the contents of this prospectus or any other documents referred to above. The Offer Price is expected to be determined by agreement between our Company and the Sole Lead Manager (acting for itself and on behalf of the Underwriters) on or about the Price Determination Date or such later date as may be agreed by our Company and the Sole Lead Manager (acting for itself and on behalf of the Underwriters) but in any event no later than Tuesday, 27 March 2018. The Offer Price will be not more than HK$1.2 per Offer Share and is expected to be not less than HK$1.0 per Offer Share, unless otherwise announced. Investors applying for Offer Shares must pay, on application, the maximum Offer Price of HK$1.2 per Offer Share, together with brokerage of 1%, SFC transaction levy of 0.0027% and Stock Exchange trading fee of 0.005%, subject to refund if the Offer Price is lower than HK$1.2 per Offer Share. The Sole Lead Manager (acting for itself and on behalf of the Underwriters) may, with our Company’s consent, reduce the number of the Offer Shares and/or the indicative Offer Price range stated in this prospectus at any time prior to the morning of the last day for lodging applications under the Public Offer. In such case, a notice of reduction of the number of the Offer Shares and/or the indicative Offer Price range will be published in The Standard (in English) and Ming Pao Daily News (in Chinese) not later than the morning of the last day for lodging applications under the Public Offer. Such notices will also be available at the website of the Stock Exchange at www.hkexnews.hk and website of our Company at www.mostkwaichung.com. Details of the arrangement will then be announced by our Company as soon as practicable. Further details are set out in the sections headed “Structure and conditions of the Share Offer” and “How to apply for the Public Offer Shares” in this prospectus. If, for any reason, the Offer Price is not agreed between the Sole Lead Manager (for itself and on behalf of the Underwriters) and our Company on or before Tuesday, 27 March 2018, the Share Offer will not proceed and will lapse immediately. Prior to making an investment decision, prospective investors should consider carefully all the information set out in this prospectus, including risk factors set out in the section headed “Risk factors” in this prospectus. Pursuant to certain provisions contained in the Public Offer Underwriting Agreement in respect of the Offer Shares, the Sole Lead Manager (acting for itself and on behalf of the Underwriters) has the right in certain circumstances in its absolute discretion to terminate the obligations of the Public Offer Underwriters at any time prior to 8:00 a.m. (Hong Kong time) on the Listing Date. Further details of such circumstances are set out in the section headed “Underwriting – Underwriting arrangements and expenses – The Public Offer – Grounds for termination” in this prospectus. 16 March 2018 EXPECTED TIMETABLE(1) If there is any change in the following expected timetable of the Share Offer, our Company will issue an announcement in Hong Kong to be published in The Standard (in English) and Ming Pao Daily News (in Chinese) and on the websites of the Stock Exchange at www.hkexnews.hk and our Company at www.mostkwaichung.com. Public Offer commences and WHITE and YELLOW Application Forms available from ..................................9:00 a.m. on Friday, 16 March 2018 Latest time to complete electronic applications under the eWhite Form service through the designated website at www.ewhiteform.com.hk(2) .............................11:30 a.m. on Wednesday, 21 March 2018 Application lists for the Public Offer open(3) ..........................11:45 a.m. on Wednesday, 21 March 2018 Latest time for lodging WHITE and YELLOW Application Forms and giving electronic application instructions to HKSCC(4) ...........12:00 noon on Wednesday, 21 March 2018 Latest time to complete payment of eWhite Form applications by effecting PPS payment transfer(s) ....................12:00 noon on Wednesday, 21 March 2018 Application lists for the Public Offer close(3) .........................12:00 noon on Wednesday, 21 March 2018 Expected Price Determination Date(5) .....................Wednesday, 21 March 2018 Announcement of the final Offer Price, the level of indication of interest in the Placing, the level of applications in respect of the Public Offer and the basis of allotment under the Public Offer to be published in The Standard (in English) and Ming Pao Daily News (in Chinese) and on the websites of Stock Exchange at www.hkexnews.hk and our Company at www.mostkwaichung.com on or before .........................................Tuesday, 27 March 2018 Announcement of the results of allocations (with successful applicants’ identification document numbers, where applicable) to be available through a variety of channels including the websites of the Stock Exchange at www.hkexnews.hk and our Company at www.mostkwaichung.com(6) as described in the section headed “How to apply for the Public Offer Shares – 11. Publication of Results” on or before ........Tuesday, 27 March 2018 –i– EXPECTED TIMETABLE(1) Results of allocations in the Public Offer to be available at www.ewhiteform.com.hk/results with a “search by ID” function from ........................................Tuesday, 27 March 2018 Dispatch/collection of Share certificates or deposit of Share certificates into CCASS(7 and 8) in respect of wholly or partially successful applications pursuant to the Public Offer on or before ...............................Tuesday, 27 March 2018 Dispatch/collection of refund cheques/e-Auto Refund payment instructions(8, 9, 10 and 11) under the Public Offer on or before ...............................Tuesday, 27 March 2018 Dealings in the Shares on the Main Board to commence at ................9:00 a.m. on Wednesday, 28 March 2018 Notes: 1. All times and dates refer to Hong Kong local time and date, unless otherwise stated. Details of the structure of the Share Offer, including its conditions, are set out in the section headed “Structure and conditions of the Share Offer” in this prospectus. 2. You will not be permitted to submit your application through the designated website at www.ewhiteform.com.hk after 11:30 a.m. on the last day for submitting applications. If you have already submitted your application and obtained an application reference number from the designated website prior to 11:30 a.m., you will be permitted to continue the application process (by completing payment of application monies) until 12:00 noon on the last day for submitting applications, when the application lists close. 3. If there is a “black” rainstorm warning or a tropical cyclone warning signal number 8 or above in force in Hong Kong at any time between 9:00 a.m. to 12:00 noon on Wednesday, 21 March 2018, the application lists will not open and close on that day. Particulars of the arrangements are set forth under the section headed “How to apply for the Public Offer Shares – 10. Effect of bad weather on the opening of the application lists” in this prospectus. If the application lists do not open and close on Wednesday, 21 March 2018, the dates mentioned in this section headed “Expected timetable” may be affected. A press announcement will be made by our Company in such event. 4. Applicants who apply for the Public Offer Shares by giving electronic application instructions to HKSCC should refer to the section headed “How to apply for the Public Offer Shares – 6. Applying by giving electronic application instructions to HKSCC via CCASS” in this prospectus. 5. The Price Determination Date is expected to be on or around Wednesday, 21 March 2018. If, for any reason, the Offer Price is not agreed between the Sole Lead Manager (for itself and on behalf of the Underwriters) and our Company by Tuesday, 27 March 2018, the Share Offer will not proceed and will lapse.