hmvod Limited — Capital/Financing Update 2015

Dec 22, 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.

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)

COMPLETION OF DISCLOSABLE TRANSACTION IN RESPECT OF THE DISPOSAL OF 100% EQUITY INTEREST IN THE TARGET COMPANY

Reference is made to the announcement issued by Tai Shing International (Holdings) Limited (the “Company”) dated 21 December 2015 (the “Announcement”). Terms used in this announcement shall have the same meanings as those defined in the Announcement unless the context requires otherwise.

The Board is pleased to announce that all the terms and conditions set out in the Sale and Purchase Agreement have been satisfied and Completion took place on 22 December 2015. After Completion, the Target Company will cease to be a subsidiary of the Company. Accordingly, the assets, liabilities and financial results of the Target Company will no longer be consolidated into the financial statements of the Group.

By Order of the Board of Tai Shing International (Holdings) Limited Tam Kwok Leung Executive Director

Hong Kong, 22 December 2015

• For identification purpose only

1

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

Executive Directors:

Dr. Chew Chee Wah (Chairman) Mr. Tam Kwok Leung (Chief Executive Officer)

Ms. Ju Lijun Mr. Zhang Jinshu

Mr. Luk Chi Shing

Independent non-executive Directors:

Mr. Chan Yee Sze Mr. Koh Kwing Chang Mr. Lui Wai Ming Mr. Lai Chi Leung

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 GEM website at http://www.hkgem.com on the “Latest Company Announcements” page for 7 days from the date of its publication and is available for reference on the website of the Company at www.equitynet.com.hk/8103/.

2