RemeGen Co., Ltd. — Board/Management Information 2012

Apr 11, 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.

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Overseas Chinese Town (Asia) Holdings Limited 華僑城（亞洲）控股有限公司

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 03366)

APPOINTMENT OF EXECUTIVE DIRECTOR

The Board would like to announce that Mr. Yang Jie has been appointed as an Executive Director with effect from 11 April 2012 after the closing of the 2011 annual general meeting of the Company held on the same day.

The Board of directors (the “Board”) of Overseas Chinese Town (Asia) Holdings Limited (the “Company”, together with its subsidiaries the “Group”) would like to announce that Mr. Yang Jie has been appointed as the executive director of the Company (the “Executive Director”) with effect from 11 April 2012 after the closing of the 2011 annual general meeting of the Company held on the same day.

Particulars relating to Mr. Yang Jie are set out below:–

Mr. Yang Jie, aged 50, is a senior engineer. He graduated from the Xi’an University of Architecture and Technology in 1982 majoring in industrial and civil architecture, and has extensive experience in the planning, development, operation and management of real estate. Currently, Mr. Yang is the deputy general manager of the Company and also the deputy general manager of Overseas Chinese Town (HK) Company Limited (“OCT (HK)”) (OCT (HK) is the beneficial owner of all the issued share capital in the Company’s controlling shareholder, Pacific Climax Limited) and the director and general manager of Beijing Century Overseas Chinese Town Industrial Co. Ltd. (北京世紀華僑城 實業有限公司) (“Beijing Century”) (a non-wholly owned subsidiary of Shenzhen Overseas Chinese Town Company Limited (“OCT Ltd.”) (OCT Ltd. is listed on the Shenzhen Stock Exchange and is the controlling shareholder of the beneficial owner of all the issued share capital in OCT (HK))). Mr. Yang joined Overseas Chinese Town Enterprises Company (華僑城集團公司) (“OCT Group”, the controlling shareholder of OCT Ltd.) in 1992 and held various positions including the deputy director of the Planning and Construction Department of OCT Group, the deputy general manager of Overseas Chinese Town Real Estate Company Limited (a wholly-owned subsidiary of OCT Ltd.) and the director and general manager of Shanghai Highpower OCT Investment Inc. (a non-wholly owned subsidiary of OCT Ltd.). Prior to that, Mr. Yang worked as an engineer for a national design institute in the PRC.

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Save as disclosed above, Mr. Yang does not hold any position in the Company or any of it subsidiaries and does not have any relationship with any other Directors, senior management or substantial or controlling shareholders (as defined in the Rules Governing the Listing of Securities on the Stock Exchange (“Listing Rules”)) of the Company and save as disclosed, he does not have other major appointments and professional qualifications.

Mr. Yang will enter into a director’s service agreement with the Company as the Executive Director for a term commencing from 11 April 2012 until the closing of the 2012 annual general meeting of the Company to be held in 2013, which may be terminated by either the Company or Mr. Yang by giving one month’s written notice or otherwise in accordance with the terms of the director’s service agreement. According to the articles of association of the Company, Mr. Yang shall be eligible for reelection at the 2012 annual general meeting of the Company to be held in 2013.

Under the proposed service agreement to be entered into between the Company and Mr. Yang, Mr. Yang will not be entitled to any remuneration (subject to final confirmation upon execution of the relevant service agreement).

Further, Mr. Yang does not have, and is not deemed to have, any interests or short positions in any shares, underlying share or debentures (as defined under Part XV of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong)) of the Company.

Save as disclosed above, Mr. Yang did not hold any other directorships in any other listed public companies in the last three years.

Save as disclosed herein, there are no other matters concerning Mr. Yang that need to be brought to the attention of the shareholders of the Company nor is there any information relating to Mr. Yang that is required to be disclosed pursuant to Rule 13.51(2) of the Listing Rules.

The Board would like to take this opportunity to welcome Mr. Yang for joining the Board.

By order of the Board Overseas Chinese Town (Asia) Holdings Limited Wang Xiaowen Chairman

Hong Kong, 11 April 2012

As at the date of this announcement, the Board comprises seven directors, namely: Ms. Wang Xiaowen, Ms. Xie Mei and Mr. Yang Jie as executive Directors; Mr. He Haibin as non-executive Director; Ms. Wong Wai Ling, Mr. Xu Jian and Mr. Lam Sing Kwong Simon as independent non-executive Directors.

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