Ming Fai Awarded "Hong Kong Outstanding Enterprise 2011" by Economic Digest

Hong Kong, PRC and Singapore, 6 December 2011 ― Ming Fai International Holdings Limited (HKSE: 3828, “Ming Fai” or “the Group”), the world’s leading supplier of hotel and travel amenities, has been named “Hong Kong Outstanding Enterprise 2011” by Economic Digest. A grand award ceremony was held at The Conrad Hotel Hong Kong on Dec 5, 2011.

Founded in 1981, Economic Digest is a professional finance magazine with the longest history for its genre and the largest readership in Hong Kong. The "Hong Kong Outstanding Enterprise Parade" is in its eighth year since being launched in 2004, and aims to appraise and recognize companies with brilliant business performances over the past year, and encourages them to continue in their efforts. The companies honored are selected from listed enterprises in Hong Kong by a panel of professional judges according to criteria including business performance, corporate governance and popularity among minority shareholders, amongst others. This year, a total of 41 enterprises were given awards.

Mr. CHING Chi Fai, Chairman of Ming Fai, said: “With an outstanding business performance and a high level of corporate governance, the Group has won different honors in the capital market. The award of ‘Hong Kong Outstanding Enterprise’ is definitely a notable recognition for Ming Fai and provides encouragement for all staff. In the future, the Group will continue to make efforts in developing the hotel, airline and retail markets to grasp domestic and overseas opportunities, and further enhance shareholders’ value.”

Mr. CHING Chi Fai, Chairman, accepts "Hong Kong Outstanding Enterprise" trophy on behalf of the Group