Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Enterprise Development Holdings Limited Major Shareholding Notification 2011

Mar 28, 2011

50183_rns_2011-03-28_3aecd761-1335-42e0-9e3f-d117af71ec30.pdf

Major Shareholding Notification

Open in viewer

Opens 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 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.

==> picture [59 x 59] intentionally omitted <==

TAI-I INTERNATIONAL HOLDINGS LIMITED

==> picture [209 x 24] intentionally omitted <==

(Incorporated in the Cayman Islands with limited liability) (Stock Code: 1808)

RESTORATION OF PUBLIC FLOAT

Affluent Start has notified the Company that, on 28 March 2011, it has disposed of 41,000,000 Shares (representing approximately 5.09% of the entire issued share capital of the Company) to Independent Third Parties on market.

As at the date of this announcement, Affluent Start after the aforesaid disposal, held an aggregate of 604,355,000 Shares (representing approximately 74.97% of the existing issued share capital of the Company) and there are 201,803,000 Shares (representing approximately 25.03% of the existing issued share capital of the Company) in public hands. Accordingly, the Company has fulfilled the minimum public float requirement under Rule 8.08 of the Listing Rules.

Reference is made to (i) the announcements of Tai-I International Holdings Limited (the “Company”) dated 14 September 2010, 22 September 2010 and 21 October 2010; (ii) the joint announcements of Affluent Start Holdings Investments Limited (“Affluent Start”), the Company and Tai-I International (BVI) Limited (“Tai-I BVI”) dated 17 November 2010 and 11 February 2011; (iii) the circular of the Company dated 18 January 2011; (iv) the joint announcement of the Company and Tai-I BVI dated 2 February 2011; (v) the composite offer and response document jointly issued by Affluent Start and the Company dated 18 February 2011 (the “Listco Offer Document”); and (vi) the joint announcement of Affluent Start and the Company dated 18 February 2011 and 11 March 2011.

Unless the content requires otherwise, capitalised terms used in this announcement shall have the same meanings as defined in the Listco Offer Document.

Affluent Start has notified the Company that, on 28 March 2011, it has disposed of 41,000,000 Shares (representing approximately 5.09% of the entire issued share capital of the Company) to Independent Third Parties on market. Immediately after the disposal of 41,000,000 Shares,

  • 1 -

Affluent Start held an aggregate of 604,355,000 Shares (representing approximately 74.97% of the existing issued share capital of the Company) and there are 201,803,000 Shares (representing approximately 25.03% of the existing issued share capital of the Company) in public hands. Accordingly, the Company has fulfilled the minimum public float requirement under Rule 8.08 of the Listing Rules.

By Order of the Board Tai-I International Holdings Limited King Pak Fu Chairman

Hong Kong, 28 March 2011

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. King Pak Fu (Chairman) and Mr. Tsang To, and three independent non-executive Directors, namely Mr. Lam Ting Lok, Ms. Hu Gin Ing and Mr. Zhang Xiaoman.

  • 2 -