value convergence holding (821) Snapshot

Value Convergence Holdings Ltd. announced that with effect from the conclusion of the AGM, Lam has retired as an independent non-executive director of the company. Following such retirement, Mr. Lam also ceased to be the chairman of the Remuneration Committee and a member of the Audit Committee and Nomination Committee of the company with effect from 30 May 2013. With effect from 30 May 2013 (after the AGM), Mr. Wong Kam Choi has been appointed as an independent non-executive director of the Company. He has also been appointed as the chairman of the Remuneration Committee and a member of the Audit Committee and Nomination Committee of the company on the same date. Mr. Wong Kam Choi, aged 46, is a substantial shareholder and a director of a design and printing company. He has over 10 years' experience in design and printing industry. He was an independent non-executive director of Media Asia Group Holdings Limited, for the period from 14 April 2010 to 11 September 2011.

Value Convergence Holdings Ltd. announced that Mr. Zhou Wentao, due to health reason, has resigned as an executive director of the company with effect from May 29, 2013. Mr. Zhou also ceased to be a member of Executive Committee of the company on the same date.

The board of directors of Value Convergence Holdings Limited announced that Mr. Tin Ka Pak, Timmy, an Executive Director of the company, has been appointed as the Chief Executive Officer of the company with effect from 14 May 2013. Mr. Tin, aged 36, joined the company as Executive Director on 4 July 2011. Currently, he is the chairman of the Executive Committee and a director of certain subsidiaries of the company. Prior to joining the company, Mr. Tin was the executive director of PME Group Limited and China Oriental Culture Group Limited and China Bio-Med Regeneration Technology Limited.