The board of directors of Time Watch Investments Limited announced that Mr. Chen Kwok Wang has tendered his resignation as the company secretary of the Company with effect from 2 January 2015 and he will cease to act as one of the authorized representatives of the company as required under Rule 3.05 of The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Mr. Chen has confirmed that he does not have any disagreement with the Board and there is no matter regarding his resignation which needs to be brought to the attention of the shareholders of the Company. The Board is also announced that Ms. Hui Wai Man, Shirley has been appointed as the company secretary and one of the authorised representatives of the Company with effect from 2 January 2015 to fill the casual vacancies following the resignation of Mr. Chen.

Ms. Hui is a practicing accountant in Hong Kong and is currently a director of a CPA firm and a securities firm.