hmvod Limited — Share Issue/Capital Change 2011

Jul 15, 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)

DISCLOSEABLE TRANSACTION IN RELATION TO THE ACQUISITION OF 51% EQUITY INTEREST IN QINGDAO BODA — ISSUE OF CONSIDERATION SHARES

Reference is made to the announcement of Tai Shing International (Holdings) Limited (“ Company ”) dated 24 June 2011 (“ Announcement ”) in relation to, among other matters, the acquisition of 51% equity interest in Qingdao Boda. Unless otherwise defined, capitalised terms used herein shall have the same meanings as defined in the Announcement.

The Board wishes to announce that the Company has obtained a legal opinion from its legal advisers as to the PRC law confirming that all necessary documents in relation to the Acquisition had been submitted to the relevant authorities for approval/recordation and that there would be no legal obstacle in obtaining such approval. As such, on 15 July 2011, to satisfy part of the Consideration payable to the Vendor, the Company has issued an aggregate of 49,196,909 Consideration Shares to the Vendor. The Consideration Shares represent approximately 1.86% of the enlarged issued share capital of the Company as at 15 July 2011.

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

Hong Kong, 15 July 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 Jun

Independent non-executive Directors:

Mr. Yan Yonghong 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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