DIT Group Limited — Board/Management Information 2015

Feb 2, 2015

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.

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(Incorporated in Bermuda with limited liability) (Stock Code: 726)

CHANGE OF DIRECTORS CHANGE OF CHAIRMAN AND DEPUTY CHAIRMAN

CHANGE OF DIRECTORS, CHANGE OF CHAIRMAN AND DEPUTY CHAIRMAN

The Board announces that the composition of the Board, the Chairman, the deputy Chairman, the Audit Committee, Remuneration and Nomination Committee has the following changes with effect from 2 February 2015:

1. Mr. Mock Wai Yin has resigned as executive Director of the Company; and

2. Mr. Yu Shengming has resigned as Chairman of the Board, executive Director of the Company; and

3. Mr. Lee Chi Hwa, Joshua has resigned as independent non-executive Director, Chairman of the Audit Committee and Member of each Remuneration Committee and Nomination Committee of the Company; and

4. Mr. Yeung Chun Wai Anthony, an executive Director, the deputy chairman of the Board, a member of each of the Nomination Committee and the Remuneration Committee, the chief executive officer and an Authorized Representative of the Company, has been re-designated from the Deputy Chairman to the Chairman of the Board; and

5. Mr. Chen Domingo, an executive Director of the Company, has been appointed as the Deputy Chairman of the Board; and

6. Mr. Jiang Hongqing has been appointed as independent non-executive Director, Chairman of the Audit Committee and Member of each Remuneration Committee and Nomination Committee of the Company.

* For identification purposes only

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RESIGNATION OF DIRECTORS

Mr. Mock Wai Yin (“ Mr. Mock ”) has tendered his resignation as executive Director of the Company.

Mr. Yu Shengming (“ Mr. Yu ”) has tendered his resignation as Chairman of the board, executive Director of the Company.

Mr. Lee Chi Hwa, Joshua (“ Mr. Lee ”) has tendered his resignation as independent non-executive Director, Chairman of the Audit Committee (the “ Audit Committee ”) and Member of each Remuneration Committee (the “ Remuneration Committee ”) and Nomination Committee (the “ Nomination Committee ”) of the Company.

Both Mr. Mock, Mr. Yu and Mr. Lee have confirmed that they have no disagreement with the Board and there are no matters relating to their resignation that need to be brought to the attention of the shareholders of the Company.

CHANGE OF CHAIRMAN AND DEPUTY CHAIRMAN

The Board is pleased to announce that Mr. Yeung Chun Wai Anthony (“ Mr. Yeung ”) has been re-designated as Chairman of board to fill the vacancy caused by the resignation of Mr. Yu and Chen Domingo (“ Mr. Chen ”) has been appointed as the deputy Chairman of the board.

Mr. Yeung Chun Wai Anthony, aged 39, is Managing Partner and Chief Executive Officer of Quantum China Asset Management Limited. In addition, Mr. Yeung is a director of substantial shareholders of the Company, Taiping Quantum Strategic Fund and Taiping Quantum Prosperity Fund, which hold approximately 9.17% and 8.61% interest respectively in the issued share capital of the Company within the meaning of Part XV of the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong. Prior to that, Mr. Yeung has served as Managing Director and senior executive of JP Morgan Chase Bank, N.A., Bank of America Merrill Lynch and UBS AG, mainly responsible for initiation and execution of financial products, debt & risk management, asset management and securities sales, and other related transactions in the Greater China region. Before that, he had been working with China COSCO Holdings Company Limited (stock code: 1919), a company listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “ Stock Exchange ”), as a member of senior management as well as Deputy Chief Financial Officer and Company Secretary. He has proven track records and extensive experience in corporate restructuring and rescuing, consulting, corporate finance and business negotiation with well-versed business and people network in the region. Mr. Yeung graduated from The University of Hong Kong with a Bachelor Degree in Business Administration (Accounting and Finance). He is a fellow member of Hong Kong Institute of Certified Public Accountants, a fellow member of the Association of Chartered Certified Accountants and a fellow member of the Hong Kong Institute of Directors. Also, Mr. Yeung is currently an executive director of Sumpo Food Holdings Limited (stock code: 1089) and independent non-executive director of Global Energy Resources International Group Limited (stock code: 8192), a company listed on the Main Board and GEM Board of the Stock Exchange respectively. Mr. Yeung is highly dedicated to community services, meanwhile he has been serving as Honorary Court Member of the Hong Kong Baptist University, Committee Member of the Admissions, Budgets and Allocation Committee of The Community Chest of Hong Kong, Founding Board Member and Honorary Treasurer of the Child Development Matching Fund and Quality Mentorship Network Limited, Director of Opera Hong Kong, Council Member of The Hong Kong Institute of Directors and so on.

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Mr. Chen Domingo, aged 60, before joining the Company, was Head of Capital Markets & Corporate Affairs of Agile Property Holdings Limited (stock code: 3383), a company listed on the Main Board of the Stock Exchange. He was mainly in charge of overseas financing and operation management of Hong Kong regional headquarter. Prior to that, Mr. Chen was employed by many transnational companies and listed companies as director or senior management. He has proven track records and extensive experience in China real estate development, corporate finance, operation management and investor relations. Mr. Chen obtained an Executive Master of Business Administration degree jointly from Kellogg School of Management at Northwestern University, Chicago and Hong Kong University of Science and Technology in 1999 and a Diploma in Program for Management Development from Harvard University, Boston in 1988.

APPOINTMENT OF DIRECTOR

The Board is pleased to announce that Mr. Jiang Hongqing (“ Mr. Jiang ”) has been appointed as independent non-executive Director, Chairman of Audit Committee and Member of each Remuneration Committee and Nomination Committee of the Company to fill the vacancy caused by the resignation of Mr. Lee.

Mr. Jiang Hongqing (“ Mr. Jiang ”), aged 46, was appointed as an executive Director and vice chairman of the Hong Kong Life Sciences and Technologies Group Limited (Stock code: 8085) since 1 December 2012. Mr. Jiang holds a Ph.D. in Engineering majoring in Architectural Design and Theory from South China University of Technology. He also holds a Master of Engineering Degree majoring in Landscape Architecture Design and a Bachelor of Engineering Degree majoring in Urban Planning from Chongqing Institute of Architecture and Engineering.

Mr. Jiang had also been studied in Ecole d’ Architecture Paris-la-Seine in Paris, France. He is a Professorate Senior Urban Planner and a Certified Planner of the People’s Republic of China. In addition, Mr. Jiang was also the member of City Ecological Planning and Construction Academic Committee of the Urban Planning Society of China and also was a consultant of Urban Planning Construction and Protection of Ancient City of Lijiang, Yunnan Province. He has extensive experience in planning design, architectural design, landscape architecture design, planning management and project planning.

Mr. Jiang was also an executive Director of Birmingham International Holdings Limited (stock code: 2309) from 30 August 2011 to 20 January 2012.

Mr. Jiang does not have any relationship with any Directors, senior management or substantial or controlling shareholders of the Company. Save as disclosed above, Mr. Jiang does not hold any position with the Company and other members of the Company’s group; nor does he have any interest or short position in shares, underlying shares or debentures of the Company or any of its associated corporations within the meaning of Part XV of the Securities and Futures Ordinance. There is no information relating to Mr. Jiang that is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”). Further, there are no other matters which need to be brought to the attention of the shareholders of the Company in connection with his appointment.

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The Board would like to take this opportunity to welcome Mr. Jiang to join the Board and express its appreciations to Mr. Lee, Mr. Mock and Mr. Yu for their contributions to the Company.

By order of the Board of South East Group Limited Lau Wing Chuen Company Secretary

Hong Kong, 2 February 2015

As at the date of this announcement, the Board comprises Mr. Yeung Chun Wai (Chairman), Mr. Chen Domingo (Deputy Chairman) and Mr. Chan Chi Yuen as executive Directors; Mr. Lee Chi Ming, Mr. Chan Chi Hung, Anthony and Mr. Jiang Hongqing as independent non-executive Directors.

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