Ngai Shun : Proposed Change of Company Name and Notice of Extraordinary General Meeting

If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your licensed securities dealer or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser.‌

If you have sold or transferred all your shares in Ngai Shun Holdings Limited (the ''Company''), you should at once hand this circular with the enclosed form of proxy to the purchaser or transferee or to the bank, licensed securities dealer or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee.

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this circular, 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 circular.

This circular appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

Ngai Shun Holdings Limited

毅 信 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 01246)

PROPOSED CHANGE OF COMPANY NAME AND

NOTICE OF EXTRAORDINARY GENERAL MEETING

A letter from the Board is set out on pages 2 to 5 of this circular.

A notice convening an extraordinary general meeting (''EGM'') of the Company to be held at Units 4202-03, 42nd Floor, The Center, 99 Queen's Road Central, Hong Kong on Tuesday, 12 September 2017 at 11 : 00 a.m. is set out on pages 6 and 7 of this circular.

A form of proxy for use at the EGM is enclosed with this circular.

Whether you are able to attend the EGM, you are requested to complete and return the enclosed proxy form in accordance with the instructions printed thereon to the Hong Kong branch share registrar and transfer office of the Company, Tricor Investor Services Limited at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong as soon as possible but in any event not less than 48 hours before the time appointed for holding the EGM or at any adjournment thereof (as the case may be). Completion and return of the proxy form will not preclude you from attending and voting in person at the EGM, or at any adjournment thereof (as the case may be) if you so wish.

21 August 2017

Page

Definitions ....... ....... ........ ....... ....... ........ ....... ........ ....... ....... 1

Letter from the Board ... ........ ....... ....... ........ ....... ........ ....... ....... 2

Notice of EGM ... ....... ........ ....... ....... ........ ....... ........ ....... ....... 6

In this circular, unless the context otherwise requires, the following expressions have the following meanings:

''Announcement'' the announcement of the Company dated 14 August 2017 in respect of the Proposed Change of Company Name

''Board'' the board of Directors

''Company'' Ngai Shun Holdings Limited, a company incorporated in the Cayman Islands with limited liability and the Shares of which are listed on the Stock Exchange

''Director(s)'' the director(s) of the Company

''EGM'' the extraordinary general meeting of the Company to be held on Tuesday, 12 September 2017 at 11 a.m. or any adjournment thereof to consider and, if thought fit, approve the Proposed Change of Company Name, the Notice of which is set out on pages 6 to 7 of this circular

''Group'' the Company and its subsidiaries

''Hong Kong'' the Hong Kong Special Administrative Region of the People's Republic of China

''Listing Rules'' the Rules Governing the Listing of Securities on the Stock Exchange

''Proposed Change of Company Name''

the proposed change of the Company's English name from ''Ngai Shun Holdings Limited'' to ''Boill Healthcare Holdings Limited''

and the adoption of the Chinese name ''保集健康控股有限公司''

as the dual foreign name of the Company to replace its existing name in Chinese ''毅信控股有限公司''

''Share(s)'' share(s) of HK$0.025 each in the share capital of the Company ''Shareholder(s)'' the holder(s) of Share(s)

''Stock Exchange'' The Stock Exchange of Hong Kong Limited

''HK$'' Hong Kong dollar(s), the lawful currency of Hong Kong

The translation into Chinese language of this circular is for reference only. In case of any inconsistency, the English version shall prevail.

Ngai Shun Holdings Limited

毅 信 控 股 有 限 公 司

(Incorporated in the Cayman Islands with limited liability)

(Stock code: 01246)

Executive Directors:

Mr. Dai Dong Xing (Chairman)

Mr. Mock Wai Yin Dr. Wong Yun Kuen

Mr. Zhang Sheng Hai

Non-executive Director:

Mr. Chui Kwong Kau

Independent non-executive Directors:

Mr. Chai Chi Man Mr. Xu Liang Wei Mr. Wang Zhe

Mr. Hua Shan

Registered Office:

P.O. Box 1350 Clifton House 75 Fort Street

Grand Cayman KY1-1108 Cayman Islands

Head Office and Principal Place of Business in Hong Kong:

Unit 2102, 21/F

West Tower Shun Tak Centre

168-200 Connaught Road Central Sheung Wan

Hong Kong

21 August 2017

To the Shareholders

Dear Sir/Madam,

PROPOSED CHANGE OF COMPANY NAME AND

NOTICE OF EXTRAORDINARY GENERAL MEETING

INTRODUCTION

Reference is made to the announcement of the Company dated 14 August 2017 in respect of the Proposed Change of Company Name. The purpose of this circular is to provide the Shareholders information in respect of the special resolution to be proposed at the EGM regarding the Proposed Change of Company Name and notice for convening the EGM.