2013 — Page 24

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Hong Kong Ferry (Holdings) Company Limited

Annual Report 2013

Report of the Directors (Continued)

CONNECTED TRANSACTIONS (Continued)

Continuing Connected Transactions (Continued)

Date

Connected Persons

Transactions

4.

15 March 2011

Heng Tat Construction Company Limited ("Heng

Tat"), a wholly-owned subsidiary of HLD

11 January 2013

Heng Tat

5.

5 July 2011

6.

3 February 2012

The Group entered into the TCS Prime Cost Contract with Heng

Tat for the appointment of Heng Tat as the main contractor for the

development of the TCS Property.

The Group entered into the Supplemental TCS Prime Cost Contract with Heng Tat to revise the maximum annual aggregate amounts of the TCS Prime Costs and Fees payable during the term of the TCS

Prime Cost Contract.

Citistore (Hong Kong)

Limited ("Citistore"), a

wholly-owned subsidiary

of HLD

Granbo Construction Company Limited

("Granbo"), a wholly-owned subsidiary of HLD

The Group (by HREAL as agent) entered into the Tenancy Renewal Agreement with Citistore as tenant for renewing the tenancy of Shop Nos. G01, Portion of G31, G35-G50, Portion of G51, Portion of

G52, G63-G74 and corridors and atrium on Ground Floor, and Shop

Nos. 127-161 and corridors and toilets on Level 1, Metro Harbour

Plaza ("MHP"), Tai Kok Tsui, Kowloon, Hong Kong.

The Group (by HREAL as agent) also entered into a Wall Signage Licence Agreement and an Entrance Signage Licence Agreement with Citistore as licensee for licensing fourteen external wall

signages and one signage at the entrance of MHP, respectively.

The Tenancy Renewal Agreement, the Wall Signage Licence Agreement and the Entrance Signage Licence Agreement are for a term of three years commencing from 1 July 2011.

The Group entered into a binding letter of intent with Granbo for

the appointment of Granbo as the contractor of the proposed development of the TCS Property and the Group revised the

maximum annual aggregate amounts of substructure contract sums payable under the aforesaid letter on 11 January 2013.