[TodayIR] Vinda acquires remaining 59% stake in V-Care for

 [TodayIR] Vinda acquires remaining 59% stake in V-Care for HK$295 million to
                    fully tap China’s personal care market

(7 July 2014 – Hong Kong) Vinda International Holdings Limited (“Vinda
International” or the “Company”, which together with its subsidiaries is
referred to as the “Group”; stock code: 3331) is pleased to announce that it
proposes buying 59% of the issued share capital of V-Care Holding Limited
(“V-Care”) for a cash consideration of HK$295 million. Upon the completion of
the transaction, V-Care will become an indirect wholly-owned subsidiary of the

V-Care is principally engaged in the manufacturing and provision of
professional personal care products in mainland China, and its principal
products include baby diapers and feminine sanitary napkins. V-Care rolled out
its proprietary baby care brand, Babifit, in 2011, and a sanitary napkin
brand, VIA, which is aimed at young and stylish females in 2013.

Ms. Donna Zhang, the Chief Executive Officer of the Group, said, “Vinda is
dedicated to business diversification because we see a promising prospect in
China’s personal care market. With the personal care business under Vinda’s
umbrella, we will not only be able to improve corporate governance, but also
exercise complete control over the personal care business and better leverage
the Group’s resources to reap the maximum rewards from V-Care’s future growth
and profitability. This will in turn generate better returns for our
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