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Harbour Centre Development Limited — Capital/Financing Update 2013
Sep 5, 2013
48902_rns_2013-09-05_796d4e3c-a0f9-4148-831a-d319bca30f11.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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FAR EAST CONSORTIUM INTERNATIONAL LIMITED
(Incorporated in the Cayman Islands with limited liability) Website: http://www.fecil.com.hk (Stock Code: 35)
NOTICE TO BONDHOLDERS OF ADJUSTMENT TO CONVERSION PRICE
Far East Consortium International Limited HK$800,000,000 3.625 per cent. Convertible Bonds due 2015 (the “Company” and the “Bonds” respectively) (Stock Code: 4317)
NOTICE IS HEREBY GIVEN THAT the Conversion Price of the Bonds of the Company, convertible into common shares of the Company, will be adjusted pursuant to Condition 6(C)(3) of the terms and conditions of the Bonds in the Offering Circular dated 26 February 2010 (the “Circular”), as a result of the declaration of the final dividend of HK$0.11 per ordinary share of HK$0.10 each (the “Share(s)”) for the year ended 31 March 2013 to shareholders whose names appear on the register of members of the Company on 9 September 2013 in the form of new fully paid Shares with shareholders being given an option to receive cash in lieu of all or part of their scrip dividend entitlements. Unless the context otherwise requires, capitalized terms used herein shall bear the same meanings as defined in the Circular.
As a result of the event described above, the Conversion Price will be adjusted from HK$3.21 to HK$3.08 effective as from 10 September 2013.
By order of the Board of Far East Consortium International Limited Boswell Wai Hung CHEUNG Chief Financial Officer and Company Secretary
Hong Kong, 5 September 2013
As at the date of this announcement, the Board comprises five executive directors, namely Tan Sri Dato’ David CHIU, Mr. Cheong Thard HOONG, Mr. Chi Hing CHAN, Mr. Dennis CHIU and Mr. Craig Grenfell WILLIAMS; one non-executive director, Mr. Daniel Tat Jung CHIU; and three independent non-executive directors, namely Mr. Kwok Wai CHAN, Mr. Peter Man Kong WONG and Mr. Kwong Siu LAM.