IGG Inc — Board/Management Information 2016

Dec 6, 2016

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.

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ORIENTAL WATCH HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability)

(the “Company”)

(Stock Code: 398)

RESIGNATION OF DIRECTOR

The Company announces that Mr. Fung Kwong Yiu (“Mr. Fung”) has resigned as director of the Company with effect on 31st December, 2016 in order to retire from his executive role in the Company. Mr. Fung confirms that there is no disagreement with the board of the Company and there is no matter relating to his resignation that needs to be brought to the attention of the shareholders of the Company.

The Company will appoint Mr. Fung as a consultant for a term of one year with effect on 1st January, 2017 so that the Company can continue to benefit from his extensive experience in the watch retail industry.

The board of directors of the Company would like to thank Mr. Fung for his valuable contribution to the Company as director and looks forward to further benefit from his service as consultant of the Company.

By order of the Board

Yeung Ming Biu Chairman

Hong Kong, 6th December, 2016

As at the date of this announcement, the executive directors of the Company are Dr. Yeung Ming Biu (the Chairman), Mr. Yeung Him Kit, Dennis, Madam Yeung Man Yee, Shirley, Mr. Lam Hing Lun, Alain and Mr. Choi Kwok Yum, and the independent non-executive directors are Dr. Sun Ping Hsu, Samson, Dr. Li Sau Hung, Eddy and Mr. Choi Man Chau, Michael.