Forebase International Holdings

Kwang Sung Electronics H.K. Co. Limited is engaged in the manufacture and sale of electronic components. The Company's products can be divided into two segments: composite components and unit electronic components. The Company's major subsidiaries include Shenzhen Kwang Sung Electronics Co., Ltd, which is engaged in the manufacture and sale of electronic components, and Grand Sonic Limited, which is engaged in investment holding activities. As of December 31, 2007, the Company's wholly owned subsidiary, Tomorrow Enterprise Limited, was dormant. (Source: ARS)