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Honworld Group Limited Major Shareholding Notification 2014

Sep 25, 2014

50459_rns_2014-09-24_4da0d09d-ec94-4214-91f9-405d26dc2b59.pdf

Major Shareholding Notification

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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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Honworld Group Limited 老 恒 和 釀 造 有 限 公 司[*]

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 2226)

INSIDE INFORMATION CHANGE OF SUBSTANTIAL SHAREHOLDER

This is an announcement of Honworld Group Limited (the ‘‘Company’’) made pursuant to Rule 13.09 of the Rules Governing the Listing of Securities (the ‘‘Listing Rules’’) on The Stock Exchange of Hong Kong Limited (the ‘‘Stock Exchange’’) and Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

The board of directors (the ‘‘Board’’) of the Company wishes to advise the shareholders of the Company (the ‘‘Shareholders’’) that on 24 September 2014 it has been informed by Foremost Star Holdings Limited (‘‘Foremost Star’’), a substantial shareholder of the Company, that on 19 September 2014, Power Success Global Investments Limited (the ‘‘Purchaser’’) and Foremost Star have entered into a sale and purchase agreement (the ‘‘Sale and Purchase Agreement’’), pursuant to which, the Purchaser agreed to acquire from Foremost Star 96,830,250 shares of the Company (the ‘‘Shares’’), representing approximately 18.67% of the total issued share capital of the Company as at the date of this announcement, at a consideration of HK$774,642,000 (i.e. HK$8.00 per Share).

As at the date of this announcement, the Company has been informed by Foremost Star that the transaction pursuant to the Sale and Purchase Agreement has not been completed (the ‘‘Completion’’). Upon the Completion, Foremost Star will cease to have any direct or indirect interest in the securities of the Company.

  • For identification purposes only

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Shareholders and potential investors are advised to exercise caution when dealing in Shares.

This announcement is made by the order of the Board. The Board collectively and individually accepts responsibility for the accuracy of this announcement.

By Order of the Board Honworld Group Limited Chen Weizhong Chairman

Hong Kong, 25 September 2014

As at the date of this announcement, the executive Directors are CHEN Weizhong, SHENG Mingjian and WANG Chao; and the non-executive Director is ZHANG Bihong; and the independent non-executive Directors are SHEN Zhenchang, LEI Jiasu and MA Chaosong.

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