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i-Cable Communications Limited Proxy Solicitation & Information Statement 2017

May 11, 2017

49682_rns_2017-05-11_3d640cf3-3c75-4f18-898d-be8a39614a87.pdf

Proxy Solicitation & Information Statement

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If you have sold or transferred all your Shares in the Company, you should at once hand the Circular, together with the enclosed Proxy Form, to the purchaser(s) or the transferee(s) or to the bank, licensed securities dealer, registered institution in securities or other agent through whom the sale or transfer was effected for transmission to the purchaser(s) or the transferee(s).

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i-CABLE COMMUNICATIONS LIMITED

(Incorporated in Hong Kong with limited liability)

(Stock Code: 1097)

(the “ Company ”)

Dear Shareholders,

We are pleased to inform you that our circular dated 12 May 2017 (the “Circular”) for the extraordinary general meeting of 29 May 2017 (the “EGM”) and the proxy form for the EGM (the “Proxy Form”) are now available on the websites of the Company (www.i-cablecomm.com) and the Stock Exchange (www.hkexnews.hk). Capitalised terms used in this letter shall have the same meanings as defined in the Circular.

The purpose of the Circular is to provide you with (i) further details of the Open Offer, the Underwriting Agreement, the Whitewash Waiver and the Special Deals; (ii) a letter of recommendation from the Independent Board Committee to the Independent Shareholders in relation to the Open Offer, the Whitewash Waiver and the Special Deals (the “IBC Letter”); (iii) a letter of advice from the Independent Financial Adviser to the Independent Board Committee and the Independent Shareholders in relation to the Open Offer, the Whitewash Waiver and the Special Deals (the “IFA Letter”); and (iv) a notice of the EGM.

Please vote your support!

The resolutions to be proposed at the EGM are critical to the Group’s continuation as a going concern. In the event they are not approved, it is very likely that the Group will cease to trade in the foreseeable future. The value of your Shares may be affected. For more details, please refer to the Circular.

The Directors therefore urge all Shareholders to vote in favour of the resolutions after considering information set out in the Circular (including without limitation to the IBC Letter and IFA Letter). Since persons who are involved or interested in the Open Offer, the Underwriting Agreement, the Whitewash Waiver and/or the Special Deals will abstain from voting at the EGM, Independent Shareholders alone will decide the Group’s future.

On record, no single Shareholder holds enough votes to carry the voting single-handedly.

To ensure more supporting votes are cast than dissenting votes, the Directors urge all supporting Shareholders to actively participate in the voting. To be entitled to attend and vote at the EGM, your name shall appear on the register of members of the Company on 29 May 2017. For this purpose, all transfers of Shares, accompanied by the relevant share certificates, must be lodged with the Registrar, Tricor Tengis Limited, at Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong, before the register of members of the Company closes, i.e. not later than 4:30 p.m. on Monday, 22 May 2017.

If any supporting registered Shareholder is unable or does not wish to attend the EGM in person, the Directors recommend he/she to appoint the chairman of the EGM as proxy to vote his/her support. Please complete and return the Proxy Form to the Company’s registered office at 16th Floor, Ocean Centre, Harbour City, Canton Road, Kowloon, Hong Kong not later than 10:45 a.m. on Friday, 26 May 2017, or in case of any adjournment thereof, not later than 48 hours (exclusive of any part of a day that is a public holiday) before the time appointed for holding such adjourned meeting, whether or not you intend to attend and vote at the EGM in person. Completion and return of the Proxy Form will not preclude you from attending and voting in person at the EGM or any adjourned meeting should you so wish.

If your Shares are registered in the name of HKSCC, and you are unable to attend the EGM in person, please ascertain with CCASS the latest time by which you are required to provide them with your voting instructions and instruct CCASS to vote your Shares in time .

If your broker, bank or custodian (the “Intermediary”) holds your Shares through CCASS or registered your Shares in the name of the Intermediary’s own name acting as a nominee (the “Nominee”), please request your Intermediary to instruct CCASS or the Nominee to appoint you to attend the EGM if you wish to attend the EGM in person. Otherwise, please ascertain with your Intermediary the latest time by which you are required to provide them with your voting instructions and instruct your Intermediary to instruct CCASS or the Nominee to vote your Shares in time.

The Directors stress that whether to vote in favour of these resolutions and whether to eventually accept and pay for any of the Offer Shares are independent decisions and actions. The former have to occur prior to or at the EGM (on 29 May 2017), the latter much later and only prior to the Record Date of the Open Offer or the last day for payment for the Offer Shares (respectively on 18 August and 4 September 2017 according to the current expected timetable as set out in the section headed “Expected Timetable” in the Circular).

In the event these resolutions are approved at the EGM, depending on market conditions, Shareholders can also elect to sell part or all of the Shares they own in the market.

Every vote counts!

We look forward to receiving your votes in favour of the resolutions to be proposed at the EGM. Each supporting vote is important and each vote counts.

Yours faithfully For and on behalf of i-CABLE COMMUNICATIONS LIMITED Kevin C. Y. Hui Company Secretary

Hong Kong, 12 May 2017