GENESIS RESOURCES LIMITED — Major Shareholding Notification 2015

Jun 29, 2015

Form 603 Corporations Law Section 671B

Notice of initial substantial shareholder

To: Genesis Resources Limited ACN 114 787 469

1. Details of substantial shareholder

Mr Kinpo Yu Huahui Holdings Group Pty Ltd ( Huahui Holdings )

The holders became substantial holders on 26 June 2015.

2. Details of voting power

The total number of votes attached to all the voting shares in the Company or voting interests in the scheme that the substantial holder or an associate had a relevant interest in on the date the substantial holder became a substantial holder are as follows:

Class of securities	Number of securities	Person’s votes	Voting power
Ordinary Shares	36,000,000	36,000,000	11.97%

3. Details of relevant interests

Holder of relevant interest	Nature of relevant interest	Class and number ofsecurities
Huahui Holdings	Direct	36,000,000 Ordinary shares
	Indirect. Mr Yu controls Huahui
	Holdings, and accordingly has a
Mr Kinpo Yu	relevant interest in the shares	36,000,000 Ordinary shares
	pursuant to s 608(3)(a) of the
	Corporations Act.

4. Details of present registered holders

The persons registered as holder of the securities referred to in paragraph 3 above are as follows:

Holder of relevant	Registered holder of	Person entitled to be	Class and number of
interest	securities	registered as holder	securities
Huahui Holdings	Huahui Holdings	Huahui Holdings	36,000,000 Ordinaryshares
Mr Kinpo Yu

Notice of initial substantial shareholder

Form 603

Corporations Law Section 671B

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial holder became a substantial holder is as follows:

Holder of relevantinterest			Class and number ofsecurities
	Date of Acquisition	Consideration
Huahui Holdings	26 June 2015	$0.06 per share for36,000,000 shares(total consideration:$2,160,000).	36,000,000 Ordinaryshares
Mr Kinpo Yu

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
N/A	N/A

7. Addresses

The addresses of persons named in this form are as follows:

HUAHUI HOLDINGS GROUP PTY LTD LEVEL 1, 61 SPRING STREET MELBOURNE VIC 3000

MR KINPO YU LEVEL 1, 61 SPRING STREET MELBOURNE VIC 3000

Dated 29 June 2015

Authorised for electronic lodgement by Mr Kinpo Yu

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