Sunwah International To Release Q1 FY2012 Financial Results on or before December 14, 2011

TORONTO, Nov. 11, 2011 /CNW/ - Sunwah International Limited (TSX: SWH) ("Sunwah International" or the "Company") will be releasing its unaudited financial statements for the three months ended September 30, 2011 on or before Wednesday, December 14, 2011.

For the fiscal year on or after January 1, 2011, Canadian publicly listed entities are requested to prepare their financial statements in accordance with International Financial Reporting Standards (IFRS).  The three months ended September 30, 2011 is Sunwah International's first reporting period under IFRS.  To accommodate the IFRS transition from Canadian generally accepted accounting principles to IFRS, the OSC extended the filing deadline for the first interim financial report filed under IFRS by 30 days.  As a result, SWH has until December 14, 2011 to file its financial statements and accompanying management discussion and analysis for the three month period ended September 30, 2011.

Please be advised that Sunwah Kingsway Capital Holdings Limited (SEHK:  00188), a major subsidiary of Sunwah International, filed a price sensitive information announcement regarding its unaudited first quarter fiscal 2012 results.  This press release is available at: http://www.equitynet.com.hk/swkingsway under the heading "Announcement".

About Sunwah International Limited

Sunwah International is a strategically positioned asset-based financial services provider, linking the global investment community with the China's high growth economy. The Group is now positioned into three integrated divisions: Capital Markets Group, consisting of brokerage and financial services, including investment banking; Strategic Investment Group, a merchant bank focused on mining and natural resources; and an Asset Management Group specializing in private equity funds. The Group's primary subsidiary, Sunwah Kingsway Capital Holdings Limited ("SWK"), is based in Hong Kong and listed on The Stock Exchange of Hong Kong. The SWK group comprises the Group's primary operating subsidiaries and is licensed to provide a range of financial services. The Group operates from six offices located in Hong Kong, Beijing, Shanghai, Shenzhen, Macau and Toronto.

China is widely recognized as an increasingly important player on the world's financial stage. As the country continues to grow, its greatest needs will lie in energy and resources.  Following a recent restructuring, Sunwah International is positioned as a middle tier provider of financial services in these sectors and an opportunistic investor in these and related sectors.  The Group's strategy is to use investment activities strategically to generate advisory services revenue while creating value for its shareholders through asset accumulation.

Leveraging a 20-year track record and significant relationships throughout Asia, Sunwah International continues to operate as a China focused multi-discipline asset based financial services firm, with a focus on natural resources, infrastructure and real estate.

Founded in 1990, Sunwah International is listed on the main board of the Toronto Stock Exchange under the symbol SWH.

For more information on Sunwah International's core business and new strategic direction, please visit the Company's website at www.sunwahinternational.com.

FORWARD-LOOKING (SAFE HARBOUR) STATEMENTS

This press release contains forward-looking statements that are based on the beliefs of Management and reflect the Group's current expectations.  In certain cases, forward-looking information can be identified by the use of words such as "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may", "should", "will", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information.  There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, investors should not place undue reliance on forward-looking information.  Forward-looking information is provided as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances.

SOURCE Sunwah International Limited

For further information:

Gary Quedado, Sunwah International Group, (416) 861-3099 Ext.0238, gquedado@sunwahtinernational.com


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