Tung Shing Development Ltd

Tagalder (2000) Incorporated has shareholding in Tung Shing Development Ltd. of Hong Kong, a diversified investment and manufacturing company with plywood business in Asia for 30 years.

Tung Shing becomes Tagalder's key partner for its acquisition and merger of other Asian manufacturers and will be developed into Tung Shing Group of companies..

Tung Shing Management

Chairman:
Mr. Philip Ng

Directors:
    Mr. Peter Chun
    Mr. Paul Ng
    Miss. Tam Sau Bing
    Mr. Daniel Chan

Management
    Mr. Paul Ng, Managing Director
    Mr. Daniel Chan, Executive Director & General Manager Marketing
    Mr. Pink Kwan Au, Accounting Manager
    Mr. Somwang Wangsatith, Chief Engineer and Factory Manager

Mr. Peter Chun (left)
CEO of Tagalder (2000) Inc.

and

Mr. Philip Ng (right)
Chairman of Tung Shing Group

Plywood Product

Tung Shing has a majority owned plywood factory in China.

Tung Shing can produce the following wood products for supplying to the market:

Product	Annual Production (m³)
8mm/18mm plywood	30,000
15mm hardwood	22,363
120cm wood floor	486,000

Market

Tagalder and Tung Shing will expand its marketing effort into the international market. Tung Shing has a strong customer base in Asian countries such as China, Japan, Taiwan and Hong Kong. Tagalder will concentrate its marketing in Korea, North America and Middle East.