AUDIT COMMITTEE

Our Company established an audit committee pursuant to a resolution of our Directors passed on [.] in compliance with Rule 5.28 to Rule 5.33 of the GEM Listing Rules. Written terms of reference in compliance with paragraphs C.3.3 and C3.7 of the Corporate Governance Code (Appendix 15 of the GEM Listing Rules) has been adopted. The primary duties of the audit committee are mainly, among other things, to make recommendation to the Board on the appointment and removal of external auditor, review the financial statements and material advice in respect of financial reporting and oversee internal control procedures of our Company.

The audit committee comprises Mr. Ng Ming Hon, Mr. Kwan Tek Sian and Mr. Chan Chi Keung Alan. Mr. Ng Ming Hon is the chairman of the audit committee.

REMUNERATION COMMITTEE

Our Company established a remuneration committee pursuant to a resolution of our Directors passed on [.] in compliance with Rule 5.34 of the GEM Listing Rules. Written terms of reference in compliance with paragraph B.1.2 of the Corporate Governance Code (Appendix 15 of the GEM Listing Rules) has been adopted. The primary duties of the remuneration committee are mainly, among other things, to determine, with delegated responsibility, the specific remuneration packages of all executive Directors and senior management, including benefits in kind, pension rights and compensation payments, including any compensation payable for loss or termination of their office or appointment, and make recommendations to the Board on the remuneration of independent non-executive Directors.

The remuneration committee comprises Mr. Ng Ming Hon, Mr. P. Lim and Mr. Chan Chi Keung Alan. Mr. Chan Chi Keung Alan is the chairman of the remuneration committee.

NOMINATION COMMITTEE

Our Company established a nomination committee pursuant to a resolution of our Directors passed on [.]. Written terms of reference in compliance with paragraph A.5.2 of the Corporate Governance Code has been adopted. The primary duties of the nomination committee are to make recommendations to the Board on appointment of the Directors and succession planning for the Directors.

The nomination committee comprises Mr. Ng Ming Hon, Mr. Kwan Tek Sian and Ms. Chu Wei Ning. Mr. Kwan is the chairman of the nomination committee.