hmvod Limited — Board/Management Information 2012

Jan 6, 2012

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.

**Tai Shing International (Holdings) Limited *** 泰盛國際（控股）有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8103)

(1) RESIGNATION OF EXECUTIVE DIRECTOR; (2) CHANGE OF CHAIRMAN;

(3) CHANGE OF AUTHORISED REPRESENTATIVE AND PROCESS AGENT; AND (4) CHANGE OF COMPLIANCE OFFICER

RESIGNATION OF EXECUTIVE DIRECTOR

The Board announces that Mr. Wong Chung Wai, Eric has tendered his resignation as an executive Director with effect from 6 January 2012.

CHANGE OF CHAIRMAN

The Board announces that Mr. Chan Yun Sang, an executive Director, has been appointed as the chairman of the Board in place of Mr. Wong with effect from 6 January 2012.

CHANGE OF AUTHORISED REPRESENTATIVE AND PROCESS AGENT

The Board announces that Mr. Wong ceased to be the Company’s authorised representative for the purpose of Rule 5.24 of the GEM Listing Rules with effect from 6 January 2012. Mr. Liu Bo, an executive Director, has been appointed as the Company’s authorised representative for the purpose of Rule 5.24 of the GEM Listing Rules with effect from 6 January 2012 in place of Mr. Wong.

The Board further announces that Mr. Wong has ceased to be the Company’s process agent under Part XI of the Companies Ordinance with effect from 6 January 2012. Mr. Chan has been appointed as the Company’s process agent under Part XI of the Companies Ordinance (Cap. 32 of the laws of Hong Kong) with effect from 6 January 2012.

CHANGE OF COMPLIANCE OFFICER

The Board announces that Mr. Wong has ceased to be the Company’s compliance officer with effect from 6 January 2012. Mr. Chan has been appointed as the Company’s compliance officer with effect from 6 January 2012.

* For identification purpose only

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RESIGNATION OF EXECUTIVE DIRECTOR

The board (“ Board ”) of directors (each, a “ Director ”) of Tai Shing International (Holdings) Limited (“ Company ”) announces that Mr. Wong Chung Wai, Eric (“ Mr. Wong ”) has tendered his resignation as an executive Director with effect from 6 January 2012 due to his other personal commitments which require more of his time.

Mr. Wong has confirmed that he does not have any disagreement with the Board and that there are no matters relating to his resignation which need to be brought to the attention of the shareholders of the Company.

CHANGE OF CHAIRMAN

The Board announces that Mr. Chan Yun Sang (“ Mr. Chan ”), an executive Director, has been appointed as the chairman of the Board in place of Mr. Wong with effect from 6 January 2012.

Mr. Chan, aged 50, has over 22 years of experience in the banking industry. Mr. Chan was appointed as an executive Director on 15 March 2010.

There is no service contract between the Company and Mr. Chan. Mr. Chan was not appointed for any specified term and is subject to retirement by rotation and other related provisions as stipulated in the articles of association of the Company.

The remuneration of Mr. Chan is HK$15,000 per month which is determined by the Board with reference to the prevailing market conditions, his roles and responsibilities.

Save as disclosed above, Mr. Chan has not held any other major appointment and qualifications, nor does he have any relationship with any Director, senior management, substantial or controlling shareholders of the Company.

Other than the directorship in the Company and save as disclosed above, Mr. Chan does not hold other positions with the Company or other members of the Company and has not held any directorship in other listed companies in the past three years.

As at the date of this announcement, Mr. Chan was interested in 1,000,000 shares of HK$0.05 each in the share capital of the Company within the meaning of Part XV of the Securities and Futures Ordinance (Cap. 571 of the laws of Hong Kong).

Save as disclosed above, there is no further information to be disclosed pursuant to the requirements of Rule 17.50(2)(h) to (v) of the Rules (“ GEM Listing Rules ”) Governing the Listing of Securities on the Growth Enterprise Market (“ GEM ”) of The Stock Exchange of Hong Kong Limited and there is no other matters relating to which needs to be brought to the attention of the shareholders of the Company.

CHANGE OF AUTHORISED REPRESENTATIVE AND PROCESS AGENT

The Board announces that Mr. Wong ceased to be the Company’s authorised representative for the purpose of Rule 5.24 of the GEM Listing Rules with effect from 6 January 2012. Mr. Liu Bo, an executive Director, has been appointed as the Company’s authorised representative for the purpose of Rule 5.24 of the GEM Listing Rules with effect from 6 January 2012 in place of Mr. Wong.

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The Board further announces that Mr. Wong has ceased to be the Company’s process agent under Part XI of the Companies Ordinance with effect from 6 January 2012. Mr. Chan has been appointed as the Company’s process agent under Part XI of the Companies Ordinance (Cap. 32 of the laws of Hong Kong) with effect from 6 January 2012.

CHANGE OF COMPLIANCE OFFICER

The Board announces that Mr. Wong has ceased to be the Company’s compliance officer with effect from 6 January 2012. Mr. Chan has been appointed as the Company’s compliance officer with effect from 6 January 2012.

By order of the Board Tai Shing International (Holdings) Limited Chan Yun Sang Chairman and executive Director

Hong Kong, 6 January 2012

As at the date of this announcement, the Board comprises the following Directors:

Executive Directors:

Mr. Chan Yun Sang (Chairman) Mr. Choi King Lit Mr. Han Fangfa Ms. Ju Lijun Mr. Liu Bo Ms. Huang Miaochan

Non-executive Director:

Dr. Pan Jin

Independent non-executive Directors:

Mr. Tang Sze Lok Mr. Chan Wai Kwong, Peter Mr. Xu Jingbin Ms. Hu Yun

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for at least 7 days from the date of its publication.

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