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CWT International Limited — Capital/Financing Update 2016
Jul 25, 2016
49269_rns_2016-07-25_5c40bb3c-cab6-48fb-9aee-14ef0f3d21f4.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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ANNOUNCEMENT
COMPLETION OF ISSUE OF THE FIRST TRANCHE OF MEDIUM-TERM NOTES FOR THE YEAR OF 2016
Reference is made to the announcement of Sinofert Holdings Limited (the “ Company ”) dated 19 July 2016.
The Company wishes to announce that on 22 July 2016, Sinochem Fertilizer Company Limited (“ Sinochem Fertilizer ”), an indirect wholly-owned subsidiary of the Company, completed the issue of the first tranche of the medium-term notes for the year of 2016 in an amount of RMB1 billion, with a term of three years and at a coupon rate of 3.5% per annum. The proceeds from the issue of the first tranche of the medium-term notes for the year of 2016 will be used to replenish the working capital and repayment of loans of the Company.
For and on behalf of the Board SINOFERT HOLDINGS LIMITED Wang Hong Jun Executive Director and Chief Executive Officer
Hong Kong, 25 July 2016
As at the date of this announcement, the executive directors of the Company are Mr. Wang Hong Jun (Chief Executive Officer) and Mr. Harry Yang; the non-executive directors of the Company are Mr. Ning Gao Ning (Chairman), Mr. Yang Lin, Dr. Stephen Francis Dowdle and Ms. Xiang Dandan; and the independent non-executive directors of the Company are Mr. Ko Ming Tung, Edward, Mr. Lu Xin and Mr. Tse Hau Yin, Aloysius.
- For identification purposes only
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