hmvod Limited — Capital/Financing Update 2012

Nov 21, 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.

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

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

(Incorporation in the Cayman Islands with limited liability)

(Stock Code: 8103)

COMPLETION OF PLACING OF NEW SHARES UNDER GENERAL MANDATE

Placing Agent

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Heng Shan Securities Limited

The Board is pleased to announce that completion of the Placing took place on 21 November 2012 in accordance with the terms and conditions of the Placing Agreement.

An aggregate of 39,000,000 Placing Shares have been placed to not less than six Placees at the Placing Price of HK$0.20 per Placing Share.

Reference is made to the announcement (“ Placing Announcement ”) of Tai Shing International (Holdings) Limited (“ Company ”) dated 4 October 2012 in relation to, among other matters, the placing of up to 63,000,000 shares. Unless otherwise stated, terms used herein shall have the same meanings as defined in the Placing Announcement.

COMPLETION OF THE PLACING

The Board is pleased to announce that the conditions of the Placing have been fulfilled and completion of the Placing took place on 21 November 2012. Pursuant to the Placing Agreement, an aggregate of 39,000,000 Placing Shares have been placed to not less than six Placees at the Placing Price of HK$0.20 per Placing Share.

* For identification purpose only

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To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, the Placees and their respective ultimate beneficial owners are independent of and not connected with the Company and its connected persons.

The net proceeds from the Placing (after deducting the placing commission and other related expenses payable by the Company) are approximately HK$7.3 million.

SHAREHOLDING STRUCTURE OF THE COMPANY

Set out below is the shareholding structure of the Company immediately before and after completion of the Placing:

	Shareholding immediately	Shareholding immediately	Shareholding immediately	Shareholding immediately
	before completion		after completion
	of the Placing		of the	Placing
		Approximate		Approximate
	Number	percentage of	Number	percentage of
	of Shares	shareholding	of Shares	shareholding
				(Note 3)
Mr Chan Yun Sang_(Note 1)_	200,000	0.03%	200,000	0.03%
Mr. Ip Ho Ming_(Note 2)_	10,000	0.00%	10,000	0.00%
The Placees under the Placing	24,000,000	4.16%	63,000,000	10.23%
Other public	552,728,145	95.80%	552,728,145	89.74%
Total	576,938,145	100.00%	615,938,145	100.00%
Notes:

1. Mr. Chan Yun Sang is an executive Director.

2. These Shares are held by the spouse of Mr. Ip Ho Ming who is an executive Director. Mr. Ip is deemed to be interested in these Shares for the purpose of Part XV of the SFO.

3. The aggregate percentage may not add up to 100% due to rounding.

By order of the Board

Tai Shing International (Holdings) Limited Liu Bo

Chairman and executive Director

Hong Kong, 21 November 2012

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

Executive Directors:

Mr. Liu Bo (Chairman) Mr. Chan Yun Sang Mr. Han Fangfa Ms. Ju Lijun Ms. Huang Miaochan Mr. Ip Ho Ming Ms. Wong Sau Wai Serena Mr. Zhang Jinshu

Non-executive Director:

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

Independent Non-executive Directors:

Mr. Tang Sze Lok 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 Stock Exchange of Hong Kong Limited’s website at http://www. hkexnews.hk on the “Latest Company Announcements” page for at least 7 days from the date of its publication.

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