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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.


BEL GLOBAL RESOURCES HOLDINGS LIMITED

百營環球資源控股有限公司

(incorporated in Bermuda with limited liability)

(stock code: 761)


NON-COMPLIANCE WITH AUDIT COMMITTEE REQUIREMENTS AND NON-COMPLIANCE WITH INED REQUIREMENTS


Reference is made to the announcement of Bel Global Resources Holdings Limited (the 'Company') on 10 July 2015 in relation to, among other things, poll results of the SGM held on 10 July 2015, retirement of Director, non-compliance with audit committee requirement and non-compliance with INED requirement (the 'Announcement'). Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.


The Company since 10 July 2015 and up to the date of this announcement has had only two INEDs and two audit committee members, which fall below the minimum number of three INEDs and three audit committee members as required under rules 3.10 and 3.21, respectively, of the Listing Rules.


The Company has tried its best to search for a suitable candidate to fill the vacancy of INED as well as an audit committee member but has not yet been successful.


In this regard, the Company will continue its best endeavours to find a suitable candidate to fill the vacancy as soon as practicable in order to comply with the Listing Rules requirements. Further announcement will be made by the Company once the new appointment is confirmed in due course in accordance with the Listing Rules.

SUSPENSION OF TRADING


At the request of the Company, trading in the Shares on the Stock Exchange has been suspended with effect from 9:00 a.m. on 4 July 2011 and will continue to be suspended until further notice.


Shareholders and potential investors are accordingly advised to exercise caution when dealing in the securities of the Company.


By order of the Board

Bel Global Resources Holdings Limited Li Wing Tak

Company Secretary


Hong Kong, 9 October, 2015


As at the date of this announcement, (i) the executive Directors are Ms. Sze Shan Shan, Pat, (note 1) and Mr. Li Wing Tak (note 2); (ii) non-executive Director is Mr. Cai Dubing; and (iii) the independent non-executive Directors are Dr. Chang Soo-kong and Mr. Ho Wai Chi, Paul.


Note 1: Positions, duties and functions suspended with effect from 12 December 2014. Note 2: Mr. Li Wing Tak has appointed Mr. Wong Wan Sing as his alternate Director.

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