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PegBio Co., Ltd. — Capital/Financing Update 2018
Oct 19, 2018
50676_rns_2018-10-19_bc7ad2e1-4cf2-4017-a9f5-f5731772870f.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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CMBC Capital Holdings Limited
(Incorporated in Bermuda with limited liability)
(Stock Code: 1141)
VOLUNTARY ANNOUNCEMENT COMPLETION OF CAPITAL INCREASE OF CMBC CAPITAL HOLDINGS LIMITED
References are made to the announcements of CMBC Capital Holdings Limited (the “ Company ”) dated 3 July 2018, 13 July 2018, 16 July 2018, 20 July 2018, 5 October 2018 and 15 October 2018 (the “ Announcements ”) in relation to, among other matters, the placing of new shares and the subscription of new shares. Capitalised terms used herein shall have the same meanings as those defined in the Announcements unless the context requires otherwise.
According to the Announcements, the Company completed the placing of new shares under General Mandate on 20 July 2018 (the “ Placing of New Shares ”), for which the Company issued an aggregate of 577,220,000 shares at HK$0.363 per Share with net proceeds of approximately HK$205 million.
In addition, according to the Announcements, on 15 October 2018, the Company completed the connected transaction in relation to the subscription of new shares under Specific Mandate (the “ Subscription of New Shares ”), for which the Company issued an aggregate of 1,350,000,000 shares at HK$0.363 per Share with net proceeds of approximately HK$490 million.
Furthermore, according to the 2018 Interim Report of the Company, as of 30 June 2018, the unaudited but reviewed net asset of the Company amounted to HK$1,096 million. Based on the said latest unaudited but reviewed figure and taking into account the proceeds from the two fund raising activities, namely the Placing of New Shares and the Subscription of New Shares, the unaudited pro forma net asset of the Company would be HK$1,791 million.
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The completion of the Placing of New Shares and the Subscription of New Shares demonstrated the full confidence of relevant investors and the controlling shareholder in the future development of the Company. In particular, the subscription by the controlling shareholder indicated its full support to and faith in the future development of the Company.
By order of the Board CMBC Capital Holdings Limited Li Jinze Chairman
Hong Kong, 19 October 2018
As at the date of this announcement, the executive Directors are Mr. Li Jinze, Mr. Ding Zhisuo, Mr. Ng Hoi Kam, the non-executive Directors are Mr. Ren Hailong and Mr. Liao Zhaohui, and the independent non-executive Directors are Mr. Lee, Cheuk Yin Dannis, Mr. Wu Bin and Mr. Wang Lihua.
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