3 the letter from Kingston Securities
(WorldNews China)

D 1it J fl Jij if It lllJ ti * l1j , .. KINGSTON CORPORATE FINANCE LIMITED 15 November 2017 Nice Rich Group Limited Flat B, 20/F. Two Chinachem Plaza 68 Connaught Road Central Hong Kong Attention: the board of director Dear Sir/Madam, Re: Mandatory unconditional cash offer by Kingston Securities Limited for and on behalf of Nice Rich Group Limited (the "Offeror") to acquire all the issued shares of Pegasus Entertainment Holdings Limited (stock code: 1326)(other than those already owned by or to be acquired by Nice Rich Group Limited and parties acting in concert with it) (the "Offer") We refer to the offer document issued by the Offeror dated the date hereof (the...