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Global Corn Group Limited M&A Activity 2015

Jul 10, 2015

50915_rns_2015-07-10_f49587a3-a8be-4d55-ac93-97d3e89b5f54.pdf

M&A Activity

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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.

GLOBAL SWEETENERS HOLDINGS LIMITED 大成糖業控股有限公司 *

(incorporated in the Cayman Islands with limited liability)

(Stock code: 03889)

ANNOUNCEMENT

MONTHLY UPDATE ON THE POSSIBLE MANDATORY GENERAL OFFER PURSUANT TO RULE 3.7 OF THE TAKEOVERS CODE

Reference is made to the announcement (the “ Announcement ”) of Global Sweeteners Holdings Limited (the “ Company ”) dated 10 June 2015 regarding the Possible Subscription and the possible mandatory general offer in respect of the Shares and other securities of the Company. Unless otherwise defined, terms used in this announcement shall have the same meanings as those used in the Announcement.

The Company wishes to update its shareholders that as informed by GBT, the Company’s controlling shareholder, the negotiation in respect of the Possible Subscription is still in progress and no legally binding agreement for the Possible Subscription has been entered into by the parties as at the date hereof. As such, there is no assurance that the Possible Subscription will proceed and the mandatory general offer for all the shares and other securities of the Company may or may not be triggered or made.

Shareholders and potential investors of the Company should exercise extreme caution when dealing in the shares and/or other securities of the Company.

By order of the Board

Global Sweeteners Holdings Limited

Kong Zhanpeng

Chairman and Chief Executive Officer

Hong Kong, 10 July 2015

  • for identification purpose only

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As at the date of this announcement, the Board comprises four executive Directors, namely, Mr. KONG Zhanpeng, Mr. LEE Chi Yung, Mr. WEN Gang and Mr. NIE Zhiguo; and three independent non-executive Directors, namely, Mr. CHAN Yuk Tong, Mr. HO Lic Ki and Mr. LO Kwing Yu.

All Directors jointly and severally accept full responsibility for the accuracy of the information contained in this announcement, and confirm, having made all reasonable enquires, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement contained in this announcement misleading.

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