“Due to the recent crises of specific listed companies (e.g. disappear of the Chairman of Fujian Nuoqi (Stock Code 01353), discovery of suspicious financial information of Tianhe Chemicals (Stock Code 1619), and profit warning announcement of Dynagreen (Stock Code 1330)) promptly revealed after their IPO exercises, public investors in stock market are nowadays full of vigilance against the newly listed shares” Extracted from an article published on 10 September 2014 in Oriental Daily News by Ms. Hannah Li, Strategist, CFA, CAIA UOB Kay Hian (Hong Kong) Ltd. Comment if the abovesaid crisis were attributable from (i) inadequate regulatory framework governing the IPO listing application, and/or (ii) inadequate disclosure in the Prospectus of the current lPo regime, and/or (iii) some other implicit incidental reasons.

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