Item 8.01 Other Events.

On November 2, 2012, Trunkbow International Holding Limited (the "Company") issued a press release announcing the receipt of a "going private" proposal from Hou Wanchun, Chairman of the board of directors of the Company, and Li Qiang, Chief Executive Officer and a director of the Company (together, the "Consortium Members"). According to the proposal letter, the Consortium Members intend to acquire all of the outstanding shares of the Company's common stock (the "Shares") not beneficially owned by the Consortium Members at a price of US$1.46 per Share in cash (the "Acquisition"). The full text of the press release is set forth in Exhibit 99.1 attached hereto.

The Company's board of directors has formed a special committee (the "Special Committee") consisting of Mr. Tan Kokhui, Dr. Lv Tingjie, and Mr. Huang Zhaoxing to consider certain potential transactions involving the Company (including this proposal) and the Special Committee intends to retain financial, legal and other advisors to assist it in its review of such matters.