AI assistant
PegBio Co., Ltd. — Capital/Financing Update 2015
Jun 17, 2015
50676_rns_2015-06-17_cbd27104-f577-4bb4-9a70-564da804d4f3.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
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.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire purchase or subscribe for any securities.
==> picture [231 x 143] intentionally omitted <==
----- Start of picture text ----- (Incorporated in Bermuda with limited liability)(Stock Code: 1141)----- End of picture text -----
==> picture [289 x 28] intentionally omitted <==
----- Start of picture text ----- COMPLETION OF ISSUE OFNEW SHARES UNDER SPECIFIC MANDATE----- End of picture text -----
The Board is pleased to announce that all conditions of issue of Shares to Willie International Holdings Limited (“Willie”) under specific mandate (the “Proposed Issue”) have been fulfilled and the Proposed Issue was completed on 17 June 2015 in accordance with the terms of the Subscription Agreement. The 1,500,000,000 Mission Capital Subscription Shares were issued and allotted by the Company to Willie at HK$0.1 per Mission Capital Subscription Share.
Reference is made to the circular of the Mission Capital Holdings Limited (“Company”) dated 1 June 2015 (“Circular”) in relation to, among others, issue of new shares under specific mandate. Save as defined herein, capitalized terms used in this announcement have the same meanings as defined in the Circular.
- For identification purpose only
– 1 –
COMPLETION OF THE PROPOSED ISSUE
The Board is pleased to announce that all conditions of the Proposed Issue have been fulfilled and the Proposed Issue was completed on 17 June 2015 in accordance with the terms of the Subscription Agreement. The 1,500,000,000 Mission Capital Subscription Shares, representing approximately 15.88% of the issued share capital of the Company as enlarged by the Mission Capital Subscription Shares, were issued and allotted by the Company to Willie at HK$0.1 per Mission Capital Subscription Share. To the best of the Directors’ knowledge, information and belief, having made all reasonable enquiries, and/or its ultimate beneficial owner(s) are independent third parties.
The net proceeds from the Proposed Issue is approximately HK$148.75 million. The Company intends to utilise the net proceeds from the Proposed Issue as to approximately 30% for money lending business and approximately 70% for listed securities investment.
SHAREHOLDING STRUCTURE OF THE COMPANY
The effect on the shareholding structure of the Company upon completion of the Proposed Issue is set out below:
| Substantial ShareholdersChina Jinhai International GroupLimitedWillieOther ShareholdersTotal | Immediately beforecompletion ofthe Proposed IssueNumber ofPercentageShares(approx.)891,613,19111.22––7,055,241,70788.787,946,854,898100.00 | Immediate uponcompletion ofthe Proposed IssueNumber ofPercentageShares(approx.)891,613,1919.441,500,000,00015.887,055,241,70774.689,446,854,898100.00 | Immediate uponcompletion ofthe Proposed IssueNumber ofPercentageShares(approx.)891,613,1919.441,500,000,00015.887,055,241,70774.689,446,854,898100.00 |
|---|---|---|---|
| 100.00 |
By order of the Board Mission Capital Holdings Limited Suen Yick Lun Philip
Acting Chairman and Managing Director
Hong Kong, 17 June 2015
– 2 –
As at the date of this announcement, the Board comprises the following Directors:
Executive Directors
Mr. Suen Yick Lun Philip (Acting Chairman and Managing Director) Mr. Lau King Hang Mr. Kitchell Osman Bin
Independent Non-executive Directors Dr. Leung Shiu Ki Albert Ms. Chen Wei Mr. Wong Yat Fai Mr. Man Wai Chuen Mr. Wong Kwok Tai
– 3 –