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Huitongda Network Co., Ltd. Share Issue/Capital Change 2016

Sep 8, 2016

14887_rns_2016-09-08_f35463fa-0995-4ead-bbf0-e363b45f9e6d.pdf

Share Issue/Capital Change

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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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CMMB VISION HOLDINGS LIMITED 中國移動多媒體廣播控股有限公司

(incorporated in the Cayman Islands with limited liability) (Stock code: 471)

EFFECTIVE DATE OF CAPITAL REDUCTION AND SUB-DIVISION AND FREE EXCHANGE OF SHARE CERTIFICATES

References are made to the announcements of CMMB Vision Holdings Limited (the “ Company ”) dated 11 May 2016 and 29 August 2016 (the “ Announcements ”) and the circular of the Company dated 18 May 2016 (the “ Circular ”) in relation to, among other things, the Capital Reduction and the Sub-division. Unless otherwise stated, terms defined in the Announcements and the Circular shall have the same meanings when used in this announcement.

The Board is pleased to announce that a copy of the order granted by the Court confirming the Capital Reduction and the minutes approved by the Court containing the particulars required under the Companies Law with respect to the Capital Reduction were filed and duly registered with the Registrar of Companies in the Cayman Islands on 7 September 2016 (Cayman Islands time). The Company further announces that all the other conditions precedent for the implementation of the Capital Reduction and the Sub-division have been fulfilled. Accordingly, the Capital Reduction and the Sub-division has become effective on 8 September 2016 (one business day after the registration date due to time difference between Hong Kong and the Cayman Islands).

Free Exchange of Share Certificates

Shareholders may, during the period from 9:00 a.m. on 8 September 2016 to 4:30 p.m. on 7 October 2016 (both days inclusive), submit share certificates for the Consolidated Shares in purple colour to the Company’s branch share registrar in Hong Kong, Computershare Hong Kong Investor Services Limited, at Shops

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1712-1716, 183 Queen’s Road East, Wan Chai, Hong Kong, in exchange, at the expense of the Company, for new share certificates for the New Shares in green colour within the prescribed time. Thereafter, certificates of the Consolidated Shares will remain effective as documents of title but will be accepted for exchange only on payment of a fee of HK$2.50 (or such other amount as may from time to time be specified by the Stock Exchange) per certificate issued or cancelled, whichever is higher, payable by the Shareholders.

All existing certificates of the Consolidated Shares will continue to be evidence of title to such

Shares and be valid for delivery, trading and settlement purpose.

Timetable

Set out below is the timetable for the implementation of the Capital Reduction and the Sub-division:

Key event Date

Effective date of the Capital Reduction and the Sub-division . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Thursday, 8 September 2016 Commencement of dealing in the New Shares . . . . . . . . . . . 9:00 a.m. on Thursday, 8 September 2016 First day for free exchange of existing share certificates for the Consolidated Shares into new share certificates for the New Shares . . . . . . . . . . . . . 9:00 a.m. on Thursday, 8 September 2016

  • Last day for free exchange of existing share certificates for the Consolidated Shares into new share certificates for the New Shares . . . . . . . . . . . . . . . . 4:30 p.m. on Friday, 7 October 2016

Note: All times in this timetable refer to Hong Kong times.

By order of the Board CMMB Vision Holdings Limited Wong Chau Chi Chairman

Hong Kong, 8 September 2016

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. WONG Chau Chi and Dr. LIU Hui; two non-executive Directors, namely Mr. CHOU Tsan-Hsiung and Mr. YANG Yi; and three independent non-executive Directors, namely Mr. WANG Wei-Lin, Mr. LI Shan and Dr. LI Jun.

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