Certain Ordinary Shares of Major Holdings Limited are subject to a Lock-Up Agreement Ending on 10-JAN-2015. These Ordinary Shares will be under lockup for 366 days starting from 9-JAN-2014 to 10-JAN-2015.

Details:
The controlling shareholders, Silver Tycoon Limited, High State Investments Limited, Cheung Chun and Leung Chi Kin Joseph agreed not to offer any shares for a period of six months from the listing date, January 10, 2014.

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.