AI assistant
E-Commodities Holdings Limited — Capital/Financing Update 2016
Aug 24, 2016
50127_rns_2016-08-24_c2183b41-e781-4f21-86cc-4b13d0e95ec8.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
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 it 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.
==> picture [60 x 41] intentionally omitted <==
WINSWAY ENTERPRISES HOLDINGS LIMITED 永 暉 實 業 控 股股 份 有 限 公 司
(formerly known as ‘‘WINSWAY COKING COAL HOLDINGS LIMITED 永暉焦煤股份有限公司’’)
(Incorporated in the British Virgin Islands with limited liability)
(Stock Code: 1733)
REVISED EXPECTED TIMETABLE OF THE RIGHTS ISSUE AND THE CHANGE IN BOARD LOT SIZE
This announcement is made by Winsway Enterprises Holdings Limited (the ‘‘Company’’, together with its subsidiaries, the ‘‘Group’’) pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Reference is made to the prospectus of the Company dated 31 May 2016 in relation to, among other things, the proposed Rights Issue (the ‘‘Prospectus’’). Capitalised terms used herein shall have the same meaning ascribed to them in the Prospectus unless otherwise specified.
REVISED EXPECTED TIMETABLE
The Board wishes to inform Shareholders that the Final Distribution Date for despatch of the certificates for the remaining Scheme Shares (together with certificates for the remaining Anti-dilution Shares) and remaining CVRs has been amended to Friday, 7 October 2016, being the date falling 10 business days after the Bar Date (i.e. 23 September 2016) rather than 14 October 2016 as stated in the Prospectus. Given that pursuant to the Schemes, a ‘‘business day’’ means any day on which banks are open for business generally in all of Hong Kong, New York and the BVI, but does not include the PRC. The subsequent expected timetable has been changed accordingly. Since the Final Distribution Date is rescheduled to 7 October 2016, the dealings in remaining Anti-dilution Shares and remaining Scheme Shares will commence on 11 October 2016 accordingly.
Other than the timetable change mentioned above, there is currently no other proposed change to the expected timetable for the Rights Issue and the change in board lot size, as revised and set out below.
The expected timetable is subject to further change, and any such change will be further announced by the Company as and when appropriate.
– 1 –
2016 (Hong Kong time)
Event
Final Distribution Date for despatch of the certificates for the remaining Scheme Shares (together with certificates for the remaining Anti-Dilution Shares) and remaining CVRs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Friday, 7 October
Dealings in remaining Anti-dilution Shares and remaining Scheme Shares commence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on
Tuesday, 11 October
Effective date of the new board lot size
(12,000 Consolidated Shares). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Monday, 17 October Designated brokers starts to stand in the market to provide matching services for sale and purchase of odd lots of Consolidated Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9:00 a.m. on Monday, 17 October
Designated broker ceases to stand in the market to provide matching services for sale and purchase of odd lots of Consolidated Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4:00 p.m. on Tuesday, 8 November
Notes:
-
Unless otherwise specified, all dates and time set out in this announcement refer to Hong Kong dates and time.
-
Dates or deadlines specified in this announcement are indicative only and may be varied by the Company. Any consequential changes to the expected timetable will be published or notified to the Shareholders by way of announcement(s) at the website of the Stock Exchange at www.hkexnews.hk and the Company’s website at www.winsway.com as and when appropriate and in accordance with the Listing Rules.
By Order of the Board Winsway Enterprises Holdings Limited Cao Xinyi Chairman
Hong Kong, 24 August 2016
As at the date of this announcement, the executive Directors are Ms. Cao Xinyi, Mr. Wang Wengang, Ms. Zhu Hongchan and Mr. Wang Yaxu, the non-executive Director is Mr. Guo Lisheng and the independent non-executive Directors are Mr. Ng Yuk Keung, Mr. Wang Wenfu and Mr. Gao Zhikai.
– 2 –