Yorkshine : OVERSEAS REGULATORY ANNOUNCEMENT

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.

YORKSHINE HOLDINGS LIMITED 煜新控股有限公司*

(Incorporated in Singapore with limited liability)

(Company Registration No. 198902648H)

Hong Kong Stock Code: 1048 Singapore Stock Code: MR8

OVERSEAS REGULATORY ANNOUNCEMENT

This overseas regulatory announcement is a reproduction of the announcement made by YORKSHINE HOLDINGS LIMITED (the "Company") for compliance with Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Please refer to the attached announcement on the next page issued on the Singapore Exchange Securities Trading Limited on 26 January 2018.

By order of the Board

YORKSHINE HOLDINGS LIMITED

Zhu Jun

Executive Chairman and Executive Director

Hong Kong, 26 January 2018

As at the date of this announcement, the Board comprises three executive Directors, being Mr. Zhu Jun, Mr. Chow Kin Wa (suspended) and Ms. Wang Jianqiao; one non-executive Director, being Dr. Ouyang Qian; and three independent non-executive Directors, being Mr. Tang Chi Loong, Mr. Foo Teck Leong and Mr. William Robert Majcher.

*

For identification purpose only

Change - Announcement of Appointment::APPOINTMENT OF CHIEF FINANCIAL OFFICER

Issuer & Securities

Issuer/ Manager

Securities

Stapled Security

Announcement Details

Announcement Title

Date & Time of Broadcast

Status

Announcement Sub Title

Announcement Reference

Submitted By (Co./ Ind. Name)

Designation

Description (Please provide a detailed description of the event in the box below)

Additional Details

Date Of Appointment

Name Of Person

Age

Country Of Principal Residence

The Board's comments on this appointment (including rationale, selection criteria, and the search and nomination process)

Change - Announcement of Appointment 26-Jan-2018 21:54:59

APPOINTMENT OF CHIEF FINANCIAL OFFICER

SG180126OTHRSGND

Executive Chairman and Executive Director

Appointment of Chief Financial Officer

Chung Man Wai 47

The Board of Directors, on the recommendation of the Audit Committee, is satisfied that Mr. Chung is able to carry out the duties as Chief Financial Officer ("CFO") based on his qualifications and working experience.

New

Zhu Jun

24/01/2018

Hong Kong

Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)

Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries

Conflict of interests (including any competing business)

Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704 (7)) Or Appendix 7H (Catalist Rule 704(6))

Shareholding interest in the listed issuer and its subsidiaries?

Executive. Responsible for the Group's investor relations, banking facilities and financial accounting and corporate finance matters. For compliance matters, CFO co-ordinates with legal counsels.

Chief Financial Officer

None

None

1) February 2015 to December 2017: Chief Financial Officer of Plant Intelligence Holdings Limited

2) April 2008 to June 2014: Chief Executive Officer & Executive Director of Luxey International (Holdings) Limited

3) 2007 to 2008: Senior corporate finance and accounting positions and Finance Director (Asia) of WSP (Asia) Limited (formerly known as "Parsons Brinckerhoff (Asia) Limited")

No

# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).

(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?

(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?

(c) Whether there is any unsatisfied judgment against him?

(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?

(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?

(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving

• 1. Luxey International (Holdings) Limited (SEHK: 8041)

• 2. Charmston (Holdings) Limited (Hong Kong)

• 3. Ratio Knitting Factory Limited (Hong Kong)

• 1. Plant Intelligence Holdings Limited (BVI)

• 2. Plant Intelligence Development Korea Co Ltd (Republic of Korea)

• 3. Plant Intelligence Development Limited (Hong Kong)

• 4. Plant Intelligence Limited (Hong Kong)

• 5. Skybourne Holdings Limited (Hong Kong)

an allegation of fraud, misrepresentation or dishonesty on his part?

(g) Whether he has ever been convicted inSingapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?

(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?

(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?

(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-

(i) any corporation which has been

investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or

(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or

(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or

(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?

(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?

Any prior experience as a director of a listed company?

If Yes, Please provide details of prior experience

N/A