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3SBio Inc. — Capital/Financing Update 2017
Jun 30, 2017
49981_rns_2017-06-30_9959ffa0-95d4-4c55-982d-2e94f3001ea2.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim 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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HONGKONG CHINESE LIMITED * 香 港 華 人 有 限 公 司
(Incorporated in Bermuda with limited liability) (Stock Code: 655)
INSIDE INFORMATION ANNOUNCEMENT CHARGE OF SHARES BY CONTROLLING SHAREHOLDER
This announcement is made by Hongkong Chinese Limited (the “ Company ”) pursuant to rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”) and the inside information provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The Company has been notified by Hennessy Holdings Limited (“ Hennessy ”), an indirect wholly-owned subsidiary of Lippo Limited (“ Lippo ”) and a controlling shareholder (as defined in the Listing Rules) of the Company, that on 30th June, 2017, Hennessy has executed a charge over shares to charge 1,114,129,990 ordinary shares of HK$1.00 each in the issued share capital of the Company (the “ Shares ”) in favour of China CITIC Bank International Limited (the “ Lender ”) as security for certain term and revolving loan facilities granted to Lippo. Such 1,114,129,990 Shares represent approximately 55.75 per cent. of the issued share capital of the Company.
As at the date of this announcement, Lippo (through Hennessy) is interested in 1,315,707,842 Shares, representing approximately 65.84 per cent. of the issued share capital of the Company.
The Lender is an authorised institution (as defined in the Banking Ordinance, Chapter 155 of the Laws of Hong Kong). To the best of the knowledge, information and belief of the directors of the Company, after having made all reasonable enquires, the Lender and its ultimate beneficial owner(s) are third parties independent of the Company and its connected persons (as defined in the Listing Rules).
The above charge of Shares does not fall within the scope of rule 13.17 of the Listing Rules.
By Order of the Board HONGKONG CHINESE LIMITED Andrew Hau Secretary
Hong Kong, 30th June, 2017
As at the date of this announcement, the executive Directors of the Company are Dr. Stephen Riady (Chairman) and Mr. John Luen Wai Lee (Chief Executive Officer); the non-executive Director of the Company is Mr. Leon Nim Leung Chan; and the independent non-executive Directors of the Company are Messrs. Albert Saychuan Cheok, Victor Ha Kuk Yung and King Fai Tsui.
*For identification purpose only