Certain Ordinary Shares of King's Flair International (Holdings) Limited are subject to a Lock-Up Agreement Ending on 16-JAN-2016. These Ordinary Shares will be under lockup for 366 days starting from 15-JAN-2015 to 16-JAN-2016.

Details:
The controlling shareholders, Wong Siu Wah, Cheng Hew Hong, Rebecca, City Concord Limited and First Concord Limited agreed not to offer any shares for a period of six months from the listing date, expected to be January 16, 2015.

They also agreed not to dispose any shares for an additional six months, if following such disposal, they cease to be the controlling shareholders of the company.