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Crypto Flow Technology Limited Capital/Financing Update 2017

Oct 24, 2017

51323_rns_2017-10-24_0ff58cbf-1d33-48cf-9424-6a3687cad783.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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Loto Interactive Limited

(formerly known as “MelcoLot Limited 新濠環彩有限公司”) (Incorporated in the Cayman Islands with limited liability) (Stock Code: 8198)

SUPPLEMENTAL ANNOUNCEMENT - DISCLOSEABLE TRANSACTION IN RELATION TO PROVISION OF LOAN

Reference is made to the announcement dated 18 October 2017 issued by Loto Interactive Limited (the “ Company ”) in respect of the discloseable transaction in relation to provision of loan (the “ Announcement ”). Unless the context otherwise requires, capitalized terms used in this announcement shall have the same meaning as defined in the Announcement.

The Guarantor is a PRC national who has over ten years’ experience working in the pharmaceutical industry and has extensive experience in security investment. The Target is an investment platform of the Guarantor, holding either majority or minority securities interests in various PRC companies. The Board is of the view that value of the 95% of the entire equity interest of the Target exceeds the principal of the Loan, which renders the Charge sufficient security for the Loan.

By Order of the Board Loto Interactive Limited Wang Bingzhong Chief Executive Officer and Executive Director

Hong Kong, 24 October 2017

As at the date of this announcement, the Board of Directors comprises Mr. Pan Zhengming[] (Chairman), Mr. Wang Bingzhong[#] (Chief Executive Officer), Mr. Wu Jian[#] , Mr. Yu Min[] , Mr. Lu Haitian[+] , Mr. Yan Hao[+] and Mr. Lin Sen[+] .

  • # Executive Director

  • Non-executive Director

  • + Independent Non-executive Director

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the “Latest Company Announcements” page of the GEM website at www.hkgem.com for a minimum period of 7 days from the date of its publication and on the Company’s website at www.lotoie.com.