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3SBio Inc. — Capital/Financing Update 2007
Dec 27, 2007
49981_rns_2007-12-27_312122d4-d2e8-4367-9a36-6f97fd58fedf.pdf
Capital/Financing Update
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The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
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LIPPO LIMITED
力 寶 有 限 公 司
(Incorporated in Hong Kong with limited liability) (Stock Code: 226)
HONGKONG CHINESE LIMITED
香 港 華 人 有 限 公 司 * (Incorporated in Bermuda with limited liability) (Stock Code: 655)
DISCLOSEABLE TRANSACTION
MAJOR TRANSACTION
JOINT ANNOUNCEMENT
DISPOSAL OF CERTAIN INTEREST IN THE MACAU CHINESE BANK LIMITED
EXTENSION OF LONG STOP DATE
Reference is made to the joint announcement of Lippo Limited (" Lippo ") and Hongkong Chinese Limited (" HKC ") dated 3rd October, 2007 (the " Announcement ") and their respective circulars dated 24th October, 2007 in relation to the disposal of certain interest in The Macau Chinese Bank Limited. Terms defined in the Announcement shall have the same meanings when used herein unless otherwise stated.
Completion of the Agreement is subject to and conditional upon the satisfaction or waiver of a number of conditions precedent by the Long Stop Date, being 27th December, 2007. As of the date of this announcement, two conditions precedent remain outstanding. In accordance with the terms of the Agreement, the parties have agreed to extend the Long Stop Date to 29th February, 2008 (or such other date as may be agreed by the parties in writing). Save for the extension of the Long Stop Date, all terms and conditions of the Agreement remain unchanged and valid.
By Order of the Board By Order of the Board LIPPO LIMITED HONGKONG CHINESE LIMITED Davy Lee Andrew Hau Secretary Secretary
Hong Kong, 27th December, 2007
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The board composition of each of Lippo and HKC as at the date of this announcement is as follows:
Lippo Non-executive Director: Mr. Leon Nim Leung Chan
Executive Directors: Mr. Stephen Riady (Chairman) Mr. John Luen Wai Lee (Managing Director and Chief Executive Officer) Mr. Jark Pui Lee
Independent Non-executive Directors: Mr. Edwin Neo Mr. Victor Ha Kuk Yung Mr. King Fai Tsui
HKC
Non-executive Directors: Dr. Mochtar Riady (Chairman) Mr. Leon Nim Leung Chan
Executive Directors: Mr. Stephen Riady (Chief Executive Officer) Mr. John Luen Wai Lee Mr. Kee Yee Kor
Independent Non-executive Directors: Mr. Albert Saychuan Cheok Mr. Victor Ha Kuk Yung Mr. King Fai Tsui
- For identification purpose only
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