hmvod Limited — Capital/Financing Update 2015

Sep 24, 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)

DELAY IN DESPATCH OF PROSPECTUS DOCUMENTS AND UPDATE ON OPEN OFFER

Reference is made to the announcements (the “ Announcements ”) of Tai Shing International (Holdings) Limited (the “ Company ”) dated 17 June 2015, 14 July 2015 and 12 August 2015 in relation to the Open Offer. Terms used herein shall have the same meanings as defined in the Announcements unless the context requires otherwise.

As stated in the Announcements, the Prospectus Documents is expected to be despatched on 25 September 2015. However, in view of the general market volatility and the share price performance of the Company, the Company is now considering whether, in the interest of the Company and the Shareholders as a whole, the Subscription Price of the Offer Shares should be revised downwards.

As additional time is required by the Company to consider the aforesaid possible revision of the Subscription Price of the Offer Shares and to finalize certain information to be included in the Prospectus Documents, the timetable of the Open Offer needs to be revised and the despatch of the Prospectus Documents be delayed. The Company will make further announcement(s) as soon as possible in relation to any possible revision of the Subscription Price of the Offer Shares and the revised timetable of the Open Offer.

WARNING OF THE RISK OF DEALING IN SHARES

Shareholders and potential investors should note that the Open Offer is conditional upon the Underwriting Agreement having become unconditional and the Underwriter not having terminated the Underwriting Agreement in accordance with the terms thereof. Accordingly, the Open Offer may or may not proceed.

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

Hong Kong, 24 September 2015

• For identification purpose only

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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 Ms. Zhang He Mr. Lee Yiu Tung

Non-executive Directors:

Dr. Pan Jin Mr. Dai Yuanxin Ms. Xiao Yongzhen

Independent non-executive Directors:

Mr. Chan Yee Sze Ms. Hu Yun 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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