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Bloks Group Limited — Capital/Financing Update 2011
Sep 9, 2011
49127_rns_2011-09-09_104192c3-8e40-4b6a-b72a-dedd8bb3ab9a.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.
This announcement is for information purposes only and does not constitute an invitation or solicitation of an offer to acquire, purchase or subscribe for securities or an invitation to enter into an agreement to do any such things, nor is it calculated to invite any offer to acquire, purchase or subscribe for any securities. In particular, this announcement does not constitute and is not an offer to sell or a solicitation of any offer to buy securities in Hong Kong, the United States or elsewhere. Any public offering of securities to be made in the United States will be made by means of a prospectus that will contain detailed information about our company and management, as well as financial statements.
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(Incorporated in Bermuda with limited liability)
(Stock code: 182)
ProPoSed dISCLoSeABLe TrANSACTIoN IN reLATIoN To THe ProPoSed SPIN-off ANd SePArATe LISTINg of TIANHe NeW eNergY eQUIPMeNT LIMITed oN THe MAIN BoArd of THe SToCK exCHANge of HoNg KoNg LIMITed
The Board announces that the Proposed Spin-off and the Proposed Listing are not expected to take place in 2011 given the recent change in market conditions and market volatility. Shareholders and other investors are reminded that no final decision has yet been made by the Company or Tianhe as to whether and when the Proposed Spin-off and the Proposed Listing will be effected. The Company will make further announcement(s) in relation to the Proposed Spin-off and the Proposed Listing as and when appropriate.
Shareholders and potential investors should note that the Proposed Spin-off, the global offering and the Proposed Listing which are subject to a number of conditions, may or may not proceed. In particular, there is also no assurance that the approval of the Listing Committee for the Proposed Spin-off and the Proposed Listing will be granted. Accordingly, Shareholders and potential investors should therefore exercise caution when dealing in or investing in the securities of the Company.
- for identification purpose only
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Reference is made to the Company’s announcement dated 20 June 2011 (the “ Spin-off Announcement ”) regarding the Proposed Spin-off and proposed separate listing of the Tianhe Shares on the Main Board of the Stock Exchange (“ Proposed Listing ”). Terms defined in the Announcement have the same meanings when used herein unless otherwise defined.
The Board announces that the Proposed Spin-off and the Proposed Listing are not expected to take place in 2011 given the recent change in market conditions and market volatility. Shareholders and other investors are reminded that no final decision has yet been made by the Company or Tianhe as to whether and when the Proposed Spin-off and the Proposed Listing will be effected. The Company will make further announcement(s) in relation to the Proposed Spin-off and the Proposed Listing as and when appropriate.
Shareholders and potential investors should note that the Proposed Spin-off, the global offering and the Proposed Listing which are subject to a number of conditions, may or may not proceed. In particular, there is also no assurance that the approval of the Listing Committee for the Proposed Spin-off and the Proposed Listing will be granted. Accordingly, Shareholders and potential investors should therefore exercise caution when dealing in or investing in the securities of the Company.
By Order of the Board CHINA WINdPoWer groUP LIMITed Liu Shunxing Chairman and Chief Executive Officer
Hong Kong, 9 September 2011
As at the date of this announcement, the Board comprises Mr. Liu Shunxing, Mr. Ko Chun Shun, Johnson, Mr. Wang Xun, Mr. Yang Zhifeng, Ms. Liu Jianhong, Mr. Yu Weizhou, Mr. Zhou Zhizhong, Ms. Ko Wing Yan, Samantha and Mr. Chan Kam Kwan, Jason (who are executive Directors), Mr. Tsoi Tong Hoo, Tony (who is non-executive Director), and Dr. Zhou Dadi, Dr. Wong Yau Kar, David JP, and Mr. Yap Fat Suan (who are independent non-executive Directors).
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