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 19 January 2018.

By order of the Board

YORKSHINE HOLDINGS LIMITED

Zhu Jun

Executive Chairman and Executive Director

Hong Kong, 19 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 Cessation::CESSATION OF CHIEF EXECUTIVE 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

Name Of Person

Age

Is effective date of cessation known?

If yes, please provide the date

Detailed Reason (s) for cessation

Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting?

Change - Announcement of Cessation 19-Jan-2018 22:53:34

CESSATION OF CHIEF EXECUTIVE OFFICER

SG180119OTHRUZIT

Executive Chairman and Executive Director

Cessation of Chief Executive Officer

CHOW Kin Wa 51

Please refer to announcement dated 19 January 2018 in relation to the suspension of duties of Executive Director and removal of Chief Executive Officer

Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer?

Please refer to announcement dated 19 January 2018 in relation to the suspension of duties of Executive Director and removal of Chief Executive Officer

New

Zhu Jun

Yes 19/01/2018

Any other relevant information to be provided to shareholders of the listed issuer?

Please refer to announcement dated 19 January 2018 in relation to the suspension of duties of Executive Director and removal of Chief Executive Officer

If Yes, Please provide full details

Date of Appointment to current position

Does the AC have a minimum of 3 members (taking into account this cessation)?

YesPlease refer to announcement dated 19 January 2018 in relation to the suspension of duties of Executive Director and removal of Chief Executive Officer

10/03/2008

Yes

2

Number of Independent Directors currently resident in Singapore (taking into account this cessation)

Number of cessations of appointmentsspecified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months

Executive Director and CEO. Mr. Chow's duties as Executive Director of the Company has also been suspended with effect from 19 January 2018.

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

Shareholding interest in the listed issuer and its subsidiaries?

Past (for the last 5 years)

Responsible for the business development and trading activities of the Group.

N/A

No

Please refer to the attachment.

Present

Please refer to the attachment.

Attachments

Directorships.pdf

Total size =86K

Name of Director: Chow Kin Wa

Other Directorships

Past (for the last 5 years):

EAST OASIS TRADING LIMITED 東洋貿易有限公司 (HK Co.) (deregistered in 2016)

EASTERN BULK PTE. LTD. (HK Co.) (struck off in 2015)

Iron Shipping Limited (BVI Co.) (struck off in 2014)

NOVA MARITIME (B.V.I.) LIMITED (BVI Co.) (struck off in 2016)

Nova Maritime Limited (Seychelles Co.) (struck off in 2016)

NOVO COMMODITIES LIMITED (BVI Co.) (struck off in 2013)

Novo ETP Limited (BVI Co.) (resigned in 2017)

Novo ETP Limited 新源包裝材料有限公司 (HK Co.) (resigned in 2017)

Novo Investment and Development Limited 新源投資發展有限公司 (HK Co.) (deregistered in 2016)

Novo Iron Ore Limited (BVI Co.) (struck off in 2013)

Novo Lamination Limited 新源覆膜有限公司 (HK Co.) (resigned in 2017)

Novo Minerals Limited (BVI Co.)(struck off in 2013)

Novo Minerals Limited 新源礦業有限公司 (HK Co.) (deregistered in 2013)

Novo Resources Limited (BVI Co.) (struck off in 2013)

Novo Resources Limited 新源物料有限公司 (HK Co.) (deregistered in 2013)

Novo Shipping Ltd (BVI Co.) (struck off in 2017)

Novo Steel (HK) Limited 新源鋼鐵(香港)有限公司 (HK Co.) (deregistered in 2017)

Novo Steel Limited (BVI Co.) (struck off in 2017)

Taizhou Hua Yong Storage Limited# 泰州华永仓储有限公司 (PRC Co.) (resigned in 2017)

TIANJIN SHIFA NOVO TECHNOLOGY DEVELOPMENT LIMITED 天津实发新源科技发展有限公司 (PRC Co.) (disposed in 2017)

Wah Shun Storage Limited 華順倉儲有限公司 (HK Co.) (resigned in 2017)

Xing Hua City Daduo Sewage Treatment Co., Ltd.# 兴化市大垛污水处理有限公司 (PRC Co.) (resigned in 2017)

XINGHUA HOLDINGS LIMITED (BVI Co.) (struck off in 2013)

Present:

CAFES DO BRASIL LIMITED (HK Co.) 巴西咖啡有限公司

GLOBAL WEALTH TRADING LIMITED (BVI Co.)

Guang Dong Yong Peng Import And Export Trading Co., Ltd.# 广东永朋进出口贸易有限公司 (PRC Co.)

Marc Trading Limited (HK Co.)

NEW PAGE INVESTMENTS LIMITED (BVI Co.)

New Page Investments Limited (HK Co.)

NOVO COAL PTE. LTD. (SG Co.)

NOVO COMMODITIES (HK) LIMITED (Formerly known as "Novo Commodities Limited") (Seychelles Co.)

NOVO COMMODITIES LIMITED 新源商品有限公司 (HK Co.)

NOVO COMMODITIES PRIVATE LIMITED (India Co.)

Novo Commodities PTE Ltd (BVI Co.)

Novo Development Limited (BVI Co.)

Novo Development Limited 新源鋼鐵發展有限公司 (HK Co.)

Novo Investment Limited (BVI Co.)

NOVO INVESTMENT LIMITED 香港新源投資有限公司 (HK Co.)

Novo Management Services Limited 新源管理服務有限公司 (HK Co.)

NOVO OVERSEAS HOLDINGS PTE. LTD. (SG Co.)

Novo Power Limited 新源動力有限公司 (HK Co.)

Novosteel DMCC (Dubai Co.)

Novowell ETP Limited# 新源同昌包装材料(泰州)有限公司 (PRC Co.)

Novowell International Trading (Shanghai) Company Limited# 新源同昌国际贸易(上海)有限公司 (PRC Co.)

Novowell Lamination Technology (Taizhou) Limited# 新源同昌覆膜科技(泰州)有限公司 (PRC Co.)

PT. Novo Coal (Indonesia Co.)

Qiang Hua (Shanghai) Trading Limited# 上海强华贸易有限公司 (PRC Co.) Qiang Hua Trading Limited 強華貿易有限公司 (PRC Co.)

Qingdao Novo Port Investment Logistic Limited# 青岛新源港投物流有限公司 (PRC Co.) Wah Shun Storage (Taizhou) Limited 华顺仓储(泰州)有限公司 (PRC Co.) 新源控股有限公司 (HK Co.)

#Unofficial English translation

Note: The above list of companies is compiled based on the information available to the Group and to the best knowledge of the Company.