SPH Notice – Change Ku EE

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9516093_1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
and
To Southern Charter Financial Group Limited
Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 17 December 2018
Date this disclosure made: 17 December 2018
Date last disclosure made: 8 November 2018
Substantial product holder(s) giving disclosure
Full name(s): Change Ku EE
Summary of substantial holding
Class of quoted voting products: Ordinary shares
Summary for Chang Ku EE
For this disclosure,—
(a) total number held in class: 442,809,270 shares
(b) total in class: 514,894,500
(c) total percentage held in class: 86.000%
For last disclosure,—
(a) total number held in class: 442,809,270
(b) total in class: 514,894,500
(c) total percentage held in class: 86.000%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
On 7 November 2018, Chang Ku EE and Golden Tower NZ Limited (GTNZ) entered into a
conditional Agreement for Sale and Purchase of Shares whereby GTNZ agreed to sell its
entire shareholding in Southern Charter Financial Group Limited, being 442,809,270
ordinary shares, to Chang Ku EE for $2,950,000 (Sale and Purchase Agreement). The
Sale and Purchase Agreement was conditional on non-associated shareholder approval
being obtained under the Takeovers Code.

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9516093_1
The condition under the Sale and Purchase Agreement has now been satisfied and Chang
Ku EE has acquired GTNZ’s entire shareholding in Southern Charter Financial Group
Limited, being 442,809,270 ordinary shares.
A copy of the Sale and Purchase Agreement is attached to the previous substantial product
holder notice dated 8 November 2018.
Details after relevant event
Details for Chang Ku EE
Nature of relevant interest(s): Registered holder and beneficial owner of ordinary shares in
Southern Charter Financial Group Limited.
For that relevant interest,—
(a) number held in class: 442,809,270
(b) percentage held in class: 86.000%
(c) current registered holder(s): GTNZ
(d) registered holder(s) once transfers are registered: Chang Ku EE

Additional information
Address(es) of substantial product holder(s): C/- Duncan Cotterill, Level 2, 50
Customhouse Quay, Wellington
Contact details: Matt Yates, Duncan Cotterill, matt.yates@duncancotterill.com, 04 471
9428
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: GTNZ
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Kawo Chan is the sole shareholder of GTNZ and is also a director of Southern Charter
Financial Group Limited. This disclosure also constitutes disclosure for the purposes of the
directors’ and senior managers’ disclosure obligations.
Certification
I, Matthew Wallace Yates, certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons for whom it is made.