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Differ Group Auto Limited — Capital/Financing Update 2016
Jun 8, 2016
51068_rns_2016-06-08_f83bafaf-876e-44cf-a2d6-614e0e2c1fb9.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.
DIFFER GROUP HOLDING COMPANY LIMITED 鼎豐集團控股有限公司
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 6878)
LAPSE OF THE PLACING OF THE SERIES B BONDS
References are made to the announcements (the “ Announcements ”) of the Company dated 6 May 2016 and 18 May 2016 respectively, in relation to, inter alia, the Placing of the Series B Bonds. Capitalised terms used herein shall have the same meanings as those defined in the Announcements unless the context requires otherwise.
Pursuant to the Subscription and Placing Agreement dated 6 May 2016 and supplemented by the supplemental deed dated 18 May 2016, the Placing Period shall end on 8 June 2016, being three weeks from the commencement date of the Placing Period, i.e. 18 May 2016. As at the date of this announcement, the Series B Bonds Conditions Precedent have not yet been fulfilled and both the Placing Period and the Series B Bonds Long Stop Date have been lapsed. No Series B Bonds have been or will be issued.
The Board considers that the lapse of the Placing of the Series B Bonds has no material adverse impact on the existing business operation and financial position of the Group.
By order of the Board Differ Group Holding Company Limited HONG Mingxian Chairman and executive Director
Hong Kong, 8 June 2016
As at the date of this announcement, the executive Directors are Mr. HONG Mingxian, Mr. NG Chi Chung and Mr. CAI Huatan; the non-executive Directors are Mr. CAI Jianfeng and Mr. WU Qinghan; and the independent non-executive Directors are Mr. CHAN Sing Nun, Mr. TSANG Hin Man Terence and Mr. ZENG Haisheng.
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