09:50     AV CONCEPT HOLD<00595> - Announcement & Resumption (9)              

    "AVCM"   AVC Manufacturing Services Limited, a company                    
    incorporated in Hong Kong and a wholly owned subsidiary of the            
    Company                                                                   
                                                                              
    "AV Chaseway"   AV Chaseway Limited, a company incorporated in            
    Hong Kong and a wholly owned subsidiary of the Company                    
                                                                              
    "Board"   the board of Directors                                          
                                                                              
    "BreconRidge"   BreconRidge Manufacturing Solutions                       
    Corporation, a company incorporated in Canada                             
                                                                              
    "BreconRidge Convertibles"   the outstanding preferred shares,            
    options and warrants of BreconRidge conferring the holders the            
    rights to subscribe for common shares of BreconRidge                      
                                                                              
    "BreconRidge Warrant Shares"   7.5 million common shares of               
    BreconRidge (subject to adjustment) to be issued by                       
    BreconRidge to AVCC upon the exercise or deemed exercise of               
    the Warrant by AVCC                                                       
                                                                              
    "Change of Control Event"   an amalgamation, merger or other              
    arrangement (other than (i) a change in the relative                      
    shareholdings of the two largest shareholders of BreconRidge              
    so long as they together hold greater than 50% of the votes               
    attached to all outstanding shares of BreconRidge (on an as-if            
    converted to common shares basis); (ii) issuance of new shares            
    for the purpose of completing an acquisition; or (iii) a                  
    Liquidity Event) leading to a change in control of more than              
    50% of the votes attached to all outstanding shares of                    
    BreconRidge (on an as-if converted to common shares basis) as             
    more fully described in the Agreement                                     
                                                                              
    "Company"   AV Concept Holdings Limited, a company                        
    incorporated in the Cayman Islands with limited liability and             
    the shares of which are listed on the main board of the Stock             
    Exchange                                                                  
                                                                              
    "connected person(s)"   has the same meaning as ascribed to it            
    under the Listing Rules                                                   
                                                                              
    "Directors"   the directors of the Company                                
                                                                              
    "Disposal"   the disposal of the First Tranche Shares and the             
    possible disposal of the Second Tranche Shares by AVCC to                 
    BreconRidge pursuant to the Agreement                                     
                                                                              
    "EGM"   the extraordinary general meeting of the Company to be            
    convened and held to consider and, if thought fit, to approve,            
    among other things, the transactions contemplated under the               
    Agreement and ancillary agreements/documents                              
                                                                              
    "Exit Notice"   the notice to be issued by either AVCC or                 
    BreconRidge as provided in the Agreement indicating such                  
    party's intention to exit the transaction contemplated under              
    the Agreement                                                             
                                                                              
    "Extension Fee"   a sum of US$2 million to be paid in cash on             
    or before the second anniversary of the date of Initial                   
    Closing as an extension fee for the Liquidity Event to take               
    place after the second anniversary of Initial Closing                     
                                                                              
    "Final Closing"   completion of the sale and purchase of the              
    Second Tranche Shares under the Agreement                                 
                                                                              
    "Final Closing BreconRidge Shares"   such number of common                
    shares in BreconRidge to be issued by BreconRidge to the                  
    Company at Final Closing pursuant to the Agreement as set out             
    under the paragraph headed "Occurrence of a Liquidity Event               
    and Final Closing"                                                        
                                                                              
    "First Tranche Shares"   shares of AV Chaseway representing               
    50% of the issued share capital of AV Chaseway as at the date             
    of Initial Closing                                                        
                                                                              
    "Group"   the Company and its subsidiaries                                
                                                                              
    "Hong Kong"   The Hong Kong Special Administrative Region of              
    the PRC                                                                   
                                                                              
    "HK$"   Hong Kong dollars                                                 
                                                                              
    "Initial Closing"   completion of the sale and purchase of the            
    First Tranche Shares and the issue of the Warrant under the               
    Agreement