Dr. Bob Chan named Deputy CEO of #1049

(Hong Kong, 3 October 2012) - Net2Gather (China) Holdings Limited ("Net2Gather", or the "Group") [SEHK: 1049], to be reinstated as Celestial Asia Securities Holdings Limited (CASH), today announced the appointment of Dr. Bob Chan Yau-ching as an Executive Director and Deputy Chief Executive Officer of the Group.

Mr. Bankee Kwan Pak-hoo, Chairman and CEO of the Group commented, "Dr. Chan is not new to CASH since he joined us at the turn of the millennium. Since then, he has been involved in managing and advising us on various high-growth businesses, including the establishment of our award-winning online gaming platform in Shanghai."

With more than twenty years of management experience, Dr. Chan brings along his wealth of knowledge in global economy and finance to the Group. He will be assisting the board of directors in formulating timely strategies to meet with challenges amidst current global economic slowdown. Furthermore, Dr. Chan is also responsible for managing the Group's China business in view of his decade-long hands-on experience in the mainland market.

Dr. Bob Chan Yau-ching remarked, "I feel privileged to take up this position. In spite of the deteriorating business and external environment, the CASH Group is fundamentally solid and financially healthy to weather the difficulties ahead, while at the same time creating values for our customers and shareholders."

Dr. Chan is also the CEO of CASH's online game business in Shanghai. Dr. Chan is a PhD in Business from Purdue University, USA. He is a member of Chartered Financial Analyst Institution (CFAI), Hong Kong Securities and Investment Institute (HKSI) and the Hong Kong Society of Financial Analysts. Dr. Chan specialises in corporate strategy and positioning, restructuring and management of
high corporate growth companies.

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About Net2Gather (China) Holdings Limited (Net2Gather)

Net2Gather is an investment conglomerate with key operations engaged by its subsidiaries and associates in mobile internet, financial services and retail management businesses. For more information, please visit www.net2gather.com.hk.

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