JOINT ANNOUNCEMENT (1) ACQUISITION OF CONTROLLING INTEREST IN THE COMPANY BY ABLE SUCCESS ASIA LIMITED; (2) UNCONDITIONAL MANDATORY CASH OFFERS BY KINGSTON SECURITIES LIMITED ON BEHALF OF ABLE SUCCESS ASIA LIMITED FOR ALL THE ISSUED SHARES IN THE COMPANY (OTHER THAN THOSE SHARES ALREADY OWNED BY ABLE SUCCESS ASIA LIMITED AND PARTIES ACTING IN CONCERT WITH IT) AND TO CANCEL ALL OUTSTANDING SHARE OPTIONS; (3) APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER; AND (4) RESUMPTION OF TRADING

/in /by