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PegBio Co., Ltd. — Capital/Financing Update 2018
Jun 4, 2018
50676_rns_2018-06-04_1e549908-20da-46f3-b266-7ceaeab7971b.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)
TERMINATION OF DISCLOSEABLE TRANSACTION IN RELATION TO SUBSCRIPTION OF INTEREST IN LIMITED PARTNERSHIP
Reference is made to the announcement issued by CMBC Capital Holdings Limited (the “ Company ”) dated 26 March 2018 (the “ Announcement ”) in relation to the subscription of interest in a limited partnership as a limited partner. Capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement unless otherwise stated herein. This announcement is made pursuant to Rule 14.36 of the Listing Rules.
Completion of the Subscription is conditional upon the fulfillment or waiver of the conditions precedent. As of 4 June 2018, certain conditions precedent have not been fulfilled or waived. After careful consideration of all the circumstances surrounding the Subscription and the Subscriber’s rights under the Subscription Agreement, the Subscriber sent a written notice on 4 June 2018 to the General Partner to terminate the Subscription Agreement with immediate effect.
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The Board considers that the termination of the Subscription will not have any material adverse impact on the business and prospects of the Group and the interests of its Shareholders as a whole.
By order of the Board CMBC Capital Holdings Limited Li Jinze Chairman
Hong Kong, 4 June 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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