Prepare for the acquisition of Oriental Lighting into the right to raise 87 million HK dollars

The announcement reached into the Oriental Lighting Company to a total of 16 said, not less than six placees, per share allotment of shares of HK $1 to subscribe for a total of 88 million 456 thousand placing shares, about 20% of the total number of placing shares accounted for the company's existing issued share capital, the stock price over the previous day's closing price discount of about 18.03%, accounting for the enlarged the company has approximately 16.67% of the issued share capital.

The total proceeds from the placing and the net proceeds will be approximately HK $88 million and approximately $8700. The company intends to use the net proceeds of the proceeds as general operating expenses and any possible acquisition of future business opportunities.

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