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New City Development Group Limited — Capital/Financing Update 2014
Dec 12, 2014
49225_rns_2014-12-12_82ca46b6-9fff-46e7-9d2e-15e98b43a6a2.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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CHINA EVERBRIGHT INTERNATIONAL LIMITED 中國光大國際有限公司
(Incorporated in Hong Kong with limited liability)
(Stock Code : 257)
COMPLETION OF DISCLOSEABLE TRANSACTION
Reference is made to the announcements of the Company dated 2 June 2014 and 11 November 2014 regarding a discloseable transaction of the Company (the “ Announcements ”). Capitalised terms used in this announcement shall have the same meanings as those defined in the Announcements, unless the context requires otherwise.
The Board is pleased to announce that on 12 December 2014, the disposal by CEWHL of the entire issued share capital of CEWIL to HanKore in return for issuance of Consideration Shares by HanKore pursuant to the Sale and Purchase Agreement was completed. Upon Completion, HanKore has become a non-wholly owned subsidiary of the Company. As approved by the shareholders of HanKore at the special general meeting held on 5 December 2014, the name of HanKore will be changed to “China Everbright Water Limited (中國光大水 務有限公司)”.
By order of the Board China Everbright International Limited Wong Kam Chung, Raymond Executive Director
Hong Kong, 12 December 2014
As at the date of this announcement, the Board comprises: (i) six Executive Directors, namely Mr. Tang Shuangning (Chairman), Mr. Liu Jun (Vice-chairman), Mr. Chen Xiaoping (Chief Executive Officer), Mr. Wang Tianyi, Mr. Raymond Wong Kam Chung and Mr. Cai Shuguang; and (ii) four Independent Non-executive Directors, namely Mr. Philip Fan Yan Hok, Mr. Selwyn Mar, Mr. Aubrey Li Kwok Sing and Mr. Zhai Haitao.