hmvod Limited — Capital/Financing Update 2015

Nov 27, 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)

REVISED TIMETABLE FOR THE PROPOSED SHARE CONSOLIDATION AND PROPOSED CAPITAL REORGANISATION

Reference is made to the announcement (the “ Announcement ”) of Tai Shing International (Holdings) Limited (the “ Company ”) dated 20 November 2015 in relation to, among other things, the proposed Share Consolidation and the proposed Capital Reorganisation. Terms used herein shall have the same meanings as defined in the Announcement unless the context requires otherwise.

REVISED TIMETABLE

The Board hereby announces that the expected timetable for the proposed Share Consolidation and the proposed Capital Reorganisation as disclosed in the Company’s announcement dated 20 November 2015 has been revised as follows which also includes correction of a clerical error in relation to board lot size:

Event

(Hong Kong time)

Expected date of despatch of the Circular in relation to . . . . . . . . . . . . . . . . . . .Friday, 4 December 2015 Share Consolidation and Capital Reorganisation and notice of EGM

Latest time for lodging proxy forms for the EGM . . . . . . . . . . . .8:00 a.m. on Sunday, 27 December 2015

Expected time and date of the EGM . . . . . . . . . . . . . . . . . . . . . 8:00 a.m. on Tuesday, 29 December 2015

Publication of poll results of the EGM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Tuesday, 29 December 2015

• For identification purpose only

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The following events are conditional on the fulfilment of the conditions for the implementation of Share Consolidation

Effective date of Share Consolidation . . . . . . . . . . . . . . . . . . . . . . . . . . . .Wednesday, 30 December 2015 Dealing in Consolidated Shares commences . . . . . . . . . . . . .9:00 a.m. on Wednesday, 30 December 2015 First day of free exchange of existing share certificates for . . . . . . . . . . .Wednesday, 30 December 2015 new share certificates Original counter for trading in board lots of 20,000 Shares . . . . . . . . . . .Wednesday, 30 December 2015 temporarily closes Temporary counter for trading in board lots of . . . . . . . . . . .9:00 a.m. on Wednesday, 30 December 2015 2,000 Consolidated Shares (in the form of existing share certificates) opens Original counter for trading in Consolidated Shares . . . . . . . . . . 9:00 a.m. on Thursday, 14 January 2016 in board lots of 20,000 Consolidated Shares (in the form of new share certificates for Consolidated Shares) re-opens Parallel trading in Consolidated Shares (in the form . . . . . . . . . 9:00 a.m. on Thursday, 14 January 2016 of existing share certificates and new share certificates) commences Designated broker starts to stand in the market to provide . . . . . 9:00 a.m. on Thursday, 14 January 2016 matching services for the odd lots of Consolidated Shares Parallel trading in Consolidated Shares (in the form of . . . . . . 4:00 p.m. on Wednesday, 3 February 2016 existing share certificates and new share certificates) ends Temporary counter for trading in board lots of 2,000 . . . . . . . 4:00 p.m. on Wednesday, 3 February 2016 Consolidated Shares (in the form of existing share certificates) closes Designated broker ceases to stand in the market to . . . . . . . . . 4:00 p.m. on Wednesday, 3 February 2016 provide matching services for the odd lots of Consolidated Shares Last day for free exchange of existing share certificates for . . . . . . . . . . . . . . . . Friday, 5 February 2016 new share certificates for Consolidated Shares

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The following events are conditional on the results of the EGM and the approval from the Court and therefore the dates are tentative:

Expected date of registration of a copy of the court order . . . . . . . . . . . . . . . .After 4:00 p.m. on Monday, confirming the Capital Reduction and the minutes . . . . . . . . . . . . . 25 April 2016 but before 9:00 a.m. approved by the Court pursuant to the Companies law [note 3] . . . . . . . . . . . . . on Tuesday, 26 April 2016

Expected effective date of the Capital Reduction and . . . . . . . . . . . . . . . . . . .After 4:00 p.m. on Monday, the Share Sub-division. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 April 2016 but before 9:00 a.m.

on Tuesday, 26 April 2016

First day for free exchange of the share certificates for . . . . . . . . . . 9:00 a.m. on Tuesday, 26 April 2016 the Consolidated Shares for new share certificates for Adjusted Shares

Last day for free exchange of the share certificates for the . . . . . . . 4:30 p.m. on Thursday, 26 May 2016 Consolidated Shares for new share certificates for Adjusted Shares

Notes:

1. All times and dates in this timetable refer to Hong Kong local times and dates unless otherwise stated.

2. Dates or times specified in this announcement for events in the timetable for (or otherwise in relation to) the Capital Reduction and the Share Sub-division are indicative only and may be excluded or varied due to the timetable and availability of the Court, additional time required for compliance with the regulatory requirements in the Cayman Islands and/or with any requirements imposed by the Court or varied by the Company. Any change to the expected timetable for the Capital Reduction and the Share Sub-division will be published as and when appropriate.

3. The expected date of registration of a copy of the court order confirming the Capital Reduction and the minutes approved by the Court pursuant to the Companies law is to be around 4-6 months from the date of EGM.

Odd lots arrangements and matching services

In order to alleviate the difficulties arising from the existence of odd lots of Consolidated Shares arising from the Share Consolidation, the Company has appointed Freeman Securities Limited to stand in the market to provide matching services, on a best effort basis, to those Shareholders who wish to acquire odd lots of the Consolidated Shares to make up a full board lot, or to dispose of their holdings of odd lots of the Consolidated Shares from 9:00 a.m. on Thursday, 14 January 2016 to 4:00 p.m. on Wednesday, 3 February 2016 (both days inclusive). Holders of odd lots of the Consolidated Shares who wish to take advantage of this facility either to dispose of their odd lots of the Consolidated Shares or top up to a full board lot may, directly or through their brokers, contact Ms. Hong Ming Kiu, May of the Freeman Securities Limited of Room 1601, 16/F., China United Centre, 28 Marble Road, North Point, Hong Kong by phone at (852) 3513 8002 or by fax at (852) 2815 6728 during this period.

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Holders of odd lots of the Consolidated Shares should note that successful matching of the sale and purchase of odd lots of the Consolidated Shares are not warranted. Any Shareholder who is in any doubt about the odd lots arrangement, is recommended to consult his/her/its own professional advisers.

Free exchange of Share certificates

Subject to the Share Consolidation becoming effective, Shareholders may submit share certificates for the Shares, to the Company’s branch share registrar and transfer office in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong for exchange from Wednesday, 30 December 2015 to Friday, 5 February 2016 (both dates inclusive), at the expense of the Company for share certificates of the Consolidated Shares. Thereafter, share certificates for the Shares will be accepted for exchange only on payment of a fee of HK$2.50 (or such higher amount as may from time to time be allowed by the Stock Exchange) for each share certificate of the Shares cancelled or each new share certificate issued for the Consolidated Shares, whichever number of share certificates cancelled/issued is higher.

The existing share certificates will be valid for trading and settlement up to 4:00 p.m. on Wednesday, 3 February 2016, being the latest time for trading in board lot of 2,000 Consolidated Shares in the form of existing share certificates (or such other date which will be announced by the Company) and will continue to be good evidence of legal title after the Share Consolidation has become effective and may be exchanged for share certificates of the Consolidated Shares at any time in accordance with the foregoing. The new share certificates for the Consolidated Shares will be issued in red colour in order to distinguish them from the existing orange colour of the share certificates for the Shares.

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

Hong Kong, 27 November 2015

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

Mr. Lee Yiu Tung

Non-executive Directors:

Mr. Dai Yuanxin

Ms. Xiao Yongzhen

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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 posting and on the website of the Company at http://www.equitynet.com.hk/8103/.

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