PHIP

	ZACD GROUP LTD.
	YOU SHOULD READ THE WARNING IN THE DOCUMENT.

	WARNING
	IMPORTANT
	CHARACTERISTICS OF GEM
	EXPECTED TIMETABLEŽ
	CONTENTS
	SUMMARY
	DEFINITIONS
	GLOSSARY OF TECHNICAL TERMS
	FORWARD-LOOKING STATEMENTS
	RISK FACTORS
	INFORMATION ABOUT THIS DOCUMENT AND [REDACTED]
	WAIVERS FROM STRICT COMPLIANCE WITH THE GEM LISTING RULES
	DIRECTORS AND PARTIES INVOLVED IN THE [REDACTED]
	CORPORATE INFORMATION
	REGULATORY OVERVIEW
	INDUSTRY OVERVIEW
	HISTORY, DEVELOPMENT AND REORGANISATION
	BUSINESS
	RELATIONSHIP WITH OUR CONTROLLING SHAREHOLDERS
	CONNECTED TRANSACTIONS
	DIRECTORS AND SENIOR MANAGEMENT
	SUBSTANTIAL SHAREHOLDERS
	SHARE CAPITAL
	FINANCIAL INFORMATION
	FUTURE PLANS AND [REDACTED]
	[REDACTED]
	STRUCTURE AND CONDITIONS OF THE [REDACTED]
	HOW TO APPLY FOR [REDACTED]
	APPENDIX I - ACCOUNTANTS' REPORT
	APPENDIX II - UNAUDITED PRO FORMA FINANCIAL INFORMATION
	APPENDIX III - SUMMARY OF THE CONSTITUTION OF THE COMPANY AND SINGAPORE COMPANY LAW
	APPENDIX IV - STATUTORY AND GENERAL INFORMATION
	APPENDIX V - DOCUMENTS DELIVERED TO THE REGISTRAR OF COMPANIES AND AVAILABLE FOR INSPECTION