Perception Digital applies for transfer of listing to SEHK main board

Exit from Growth Enterprise Market to SEHK to enhance the profile of the group and increase trading liquidity.

Perception Digital Holdings Limited (“Perception Digital”), a specialist in technological solutions for consumer electronics and technology commercialization, announced on Tuesday the Group has submitted an application for the transfer of listing of all shares from the GEM (Growth Enterprise Market) to the Main Board of the Stock Exchange of Hong Kong.

Since listing in late 2009, the Group has been accelerating its pace to expand business through developing and launching new products. 2011 is expected to be a fruitful year for the Group as it has begun to receive orders for its new innovative products such as Android-based mobile phones and devices and new ‘Live-Lite” series of products. Its first own-brand multimedia streaming boxes “Vulkano” has also been launched in the Hong Kong market and received orders from the US. It is expected that the transfer of listing will further enhance the profile of Perception Digital and increase the trading liquidity of its shares, and in turn the future growth and business development of the Group and financing flexibility.

Dr. Jack Lau, Chairman and CEO of Perception Digital, said, “We are delighted that in just about a year after the listing, our earnings have reached the prerequisite to apply for transfer of listing to the main board. We will accelerate our constant aim to further strengthen our research and development capabilities and broaden market coverage, which will in turn speed up development of our business.”

There is no intention of Perception Digital to change the nature of business of the Group following the transfer of Listing. The transfer of listing will not involve issue of any new shares by the Company.