hmvod Limited — M&A Activity 2011

Sep 12, 2011

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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of the Company.

**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 THE ACQUISITION OF JOINT BRIDGE AND ISSUE OF CONSIDERATION SHARES

Reference is made to the announcements of Tai Shing International (Holdings) Limited (“ Company ”) dated 2 September 2011 and 5 September 2011 (“ Announcements ”) in relation to, among other matters, the acquisition of the entire issued share capital of Joint Bridge Investments Limited. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Announcements.

The Board wishes to announce that a typo has been made to the name of one of the Vendors in the English version of the Company’s announcement dated 2 September 2011 and that the name of such Vendor shall be “Liang Zhuo Hui” instead of “Liang Zhou Hui”.

The Board wishes to further announce that all conditions precedent set out in the Sale and Purchase Agreement have been fulfilled by 7 September 2011. As such, the Company and the Vendors have agreed that Completion should take place on 12 September 2011. To satisfy the Consideration payable to the Vendors, the Company has issued an aggregate of 400,000,000 Consideration Shares, credited as fully paid at HK$0.10 each, to the Vendors (where 300,000,000 Consideration Shares have been issued to Liang Zhuo Hui while 100,000,000 Consideration Shares have been issued to Chen Nan). The Consideration Shares represent approximately 13.20% of the issued share capital of the Company as enlarged by the allotment and issue of the Consideration Shares as at 12 September 2011.

By order of the Board of Tai Shing International (Holdings) Limited Wong Chung Wai, Eric Chairman and executive Director

Hong Kong, 12 September 2011

* For identification purpose only

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

Executive Directors:

Mr. Wong Chung Wai, Eric (Chairman) Mr. Chan Yun Sang Mr. Choi King Lit Mr. Han Fangfa

Non-executive Director:

Dr. Pan Jin

Independent non-executive Directors:

Mr. Tang Sze Lok Mr. Lee Kwok Yung Mr. Chan Wai Kwong, Peter

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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