NOTICE OF RESIGNATION June 22, 2006
Exhibit 17.1
NOTICE OF RESIGNATION
June 22, 2006
To the Board of Directors of
WT Holdings Corporation:
Reference is made to the Agreement and Plan of Share Exchange (“Exchange Agreement”) by and among WT Holdings on the one hand, and Horizon Corporation Limited, a Hong Kong corporation (“Horizon”), Xx. Xxxxx Xxx Xxxxx Xxxx and Xx. Xxxx Xxxx Xxxx Xxx as the shareholders (the “PDD Shareholders”) of Profits Dreams Development Ltd. (“PDD”), and the shareholders (the “FRHL Shareholders”) of Forever Rise Holding Limited (“FRHL”) on the other hand.
1. I hereby voluntarily resign from my position as Chief Executive Officer, Chief Financial Officer, Chief Operating Officer and Secretary of the Company effective upon the closing of the transactions contemplated under the Exchange Agreement.
2. I hereby voluntarily resign from my position as sole director of the Company immediately following the occurrence of each of the following events: (a) the closing of the transactions contemplated under the Exchange Agreement and (b) the date on which one or more of the following successor directors are duly appointed to the Board of Directors of the Company:
Xxxx Xxxx Xxxx Xxx
Xxxxx Xxx Xxxxx Xxxx
Xxxxx Xxx Xxxxx Xxxxx
Xxxxx Xxx Xxx Xxxxx
Xxxx Xxx Xxx Shek
This notice has been executed and delivered to the Board of Directors of the Company as of the date written above.
/s/ Xx Xxxxx |
Xx Xxxxx |