HONG KONG, CHINA--(Marketwired - March 19, 2015) - Harmony Asset Limited (Incorporated in the Cayman Islands with limited liability) (the "Company") (HKSE:428) today announces that it has applied to the securities regulatory authority in the province of Ontario for a decision that it is not a reporting issuer in such jurisdiction. As a reporting issuer under applicable Canadian securities laws, the Company is subject to Canadian filing and disclosure requirements in addition to those applicable under the laws of other jurisdictions and the requirements of The Stock Exchange of Hong Kong Limited ("SEHK"). If the application is granted by the Ontario securities regulatory authority, the Company will no longer be a reporting issuer in any jurisdiction in Canada.

The Company has undertaken to continue to send or provide to its security holders in Canada all disclosure material that is required to be sent or provided to Hong Kong resident security holders of the Company, in the same manner and at the same time, that such material is required to be sent or provided to Hong Kong resident security holders under applicable Hong Kong securities laws or SEHK requirements.

Hong Kong, 18 March, 2015.

As at the date of this announcement, the Board comprises three executive directors, namely Mr. Lee Fong Lit David, Dr. Chow Pok Yu Augustine, and Mr. Cheng Ming Shun; two non-executive directors, namely Mr. Chu To Jonathan and Mr. William Keith Jacobsen; and three independent non-executive directors, namely, Mr. Ho Man Kai Anthony, Mr. Mak Hing Keung Thomas and Mr. Sio Chan In Devin.

* for identification purpose only

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Contact Information:

Mr. Cheng Ming Shun
+852 2545-6883