Harmony Asset Limited: Information for Shareholders Regarding the Transfer of Shares from the Canadian Share Register

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TORONTO, ONTARIO--(Marketwired - Jul 3, 2013) - Harmony Asset Limited (Incorporated in the Cayman Islands with limited liability) (HAR.TO)(HKSE:428) -

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.

Further to the announcement dated January 24, 2013 of Harmony Asset Limited (the "Company") regarding the voluntary delisting (the "Delisting") of its ordinary shares (the "Shares") from the Toronto Stock Exchange ("TSX"), the board of directors (the "Board") of the Company wishes to announce the procedure for shareholders of the Company ("Shareholders") to transfer their Shares from the Canadian Shareholder register (the "Canadian Register") to the Hong Kong Shareholder register (the "HK Register").

As the Company is listed on the Stock Exchange of Hong Kong Limited ("SEHK"), Shareholders can request to have their shareholdings transferred to the Main Board of the SEHK after the Delisting.

Further to the announcement dated January 24, 2013 of the Company regarding the voluntary Delisting of the Company from the TSX pursuant to Section 720 of the TSX Company Manual, the Board wishes to announce the procedure for Shareholders on the Canadian Register to remove their Shares from the Canadian Register. It is expected that the Shares will cease trading and the Company will be delisted from the TSX at the close of business on July 22, 2013.

Information regarding the transfer of Shares to the Hong Kong Register

As a consequence of the Delisting, the Canadian Register will be closed. Shareholders and/or CDS participants currently on the Canadian Register may request to have their shareholdings transferred to the Hong Kong Register by instructing their broker or investment manager to initiate the transfer. Shareholders on the Canadian Register (including Shareholders who hold their Shares through CDS) must request such a transfer in order to trade their shares on the SEHK.

The requisite transfer form can be downloaded from the Computershare website by visiting https://www-us.computershare.com/Investor/help/PrintableForms and selecting the "Register Removal Request - Canada to Hong Kong" form.

Upon receipt of a request to transfer Shares from a broker or investment manager, the Company's branch registrar, Computershare Investor Services Inc. at its office in Toronto ("Computershare Toronto") will initiate the transfer of Shares by contacting Computershare Hong Kong ("Computershare HK"). Computershare Toronto will cancel the relevant Share certificate and will coordinate with Computershare HK to issue a new Share certificate to the Shareholder representing the Shares to be registered on the Hong Kong Register, either directly or through the Shareholder's broker or investment manager. The Company will be responsible for the cost of issuing the initial post-transfer Share certificates to Shareholders who have initiated a transfer of their Shares to the Hong Kong Register prior to August 21, 2013 (not inclusive of fees or expenses that may be charged by the branch registrar to any broker or investment manager).

If a Shareholder on the Canadian Register does not initiate a transfer to the Hong Kong Register by the close of business on August 21, 2013, the Shareholder's Canadian Share position will be automatically transferred to an issuer-sponsored holding on the Hong Kong Register. Shareholders who wish to trade their Shares on the SEHK should contact their broker or investment manager for further details, including any associated fees and expenses that may be incurred.

After the removal and transfer of all Shares from the Canadian Register to the Hong Kong Register is complete, the Company will no longer maintain the Canadian Register.

Shareholders on the Canadian Register are encouraged to contact Computershare Toronto for information regarding the above procedure at 1-866-277-2086 (toll-free within North America) or 1-514-982-7555. Shareholders who are in doubt of their position should seek independent legal advice.

Shareholders who do not have any Shares registered with Computershare Toronto are not required to take any action and this announcement is for information purposes only.

By Order of the Board

HARMONY ASSET LIMITED

Lee Fong Lit David, Chairman

Hong Kong, 3 July, 2013

As at the date of this announcement, the executive directors are Mr. Lee Fong Lit David, Dr. Chow Pok Yu Augustine, Mr. Chan Shuen Chuen Joseph and Mr. Cheng Ming Shun; the independent non-executive directors are Mr. Tong Kim Weng Kelly, Dr. Wong Yun Kuen and Mr. Ho Man Kai Anthony.

* for identification purpose only

Contact:
Mr. Chan Shuen Chuen Joseph
647-299-9203

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