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CMON Limited — M&A Activity 2017
Mar 3, 2017
50172_rns_2017-03-03_f0e63955-bb5c-47b0-957d-3fa5bc3f60ed.pdf
M&A Activity
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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.
瀋陽公用發展股份有限公司 Shenyang Public Utility Holdings Company Limited
(a joint stock limited company incorporated in the People’s Republic of China)
(Stock code: 747)
COMPLETION OF ACQUISITION
Reference is made to the announcement dated 27 July 2015 (the “ Announcement ”) and the supplemental announcement dated 19 July 2016 (the “ 1st Supplemental Announcement ”) and 26 October 2016 (the “ 2nd Supplemental Announcement ”) (collectively the “ Supplemental Announcements ”) in relation to the acquisition of 20% equity interest of Guangzhou Hai Yue Real Estate Development Company Limited* 廣州海粵房地產發展有限公司 (the “ Target Company ”). Terms defined in the Announcement and the Supplement Announcements shall have the same meanings when used herein unless the context requires otherwise.
The Board is pleased to announce that all of the conditions precedent under the Acquisition Agreement have been fulfilled and the Completion took place on 3 March 2017 in accordance with the terms and conditions of the Acquisition Agreement. Following the completion of the Acquisition, the Target Company has become an associate company of the Group.
By Order of the Board Shenyang Public Utility Holdings Company Limited Zhang Jing Ming Chairman
Shenyang, PRC 3 March 2017
As at the date of this announcement, the executive directors of the Company are Mr. Zhang Jing Ming, Mr. Deng Xiao Gang and Mr. Huang Zhen Kun, the non-executive directors are Mr. Yin Zong Chen and Ms. Li Yu Xiang and the independent non-executive directors are Mr. Chan Ming Sun Jonathan, Mr. He Qing Jia and Mr. Yu Guan Jian