News

Report Of Persons Occupying Managerial Positions Who Are Related To A Director; CEO Or Substantial Shareholder

For the Financial Year Ended

31/12/2008

Footnotes

Pursuant to Rule 704(11) of the Listing Manual of the Singapore Exchange Securities Trading Limited, the Board of Directors of Hongguo International Holdings Limited (the "Company") wishes to confirm that there are no persons occupying managerial positions in the Company or any of its principal subsidiaries who are relatives of a Director or Chief Executive Officer or substantial shareholder of the Company.