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PegBio Co., Ltd. — Capital/Financing Update 2016
Jun 23, 2016
50676_rns_2016-06-23_0f53786d-409b-4339-acb6-0cabb528d42a.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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(Incorporated in Bermuda with limited liability)
(Stock Code: 1141) (Warrant Code: 1153)
EXTENSION OF LONG STOP DATE IN RELATION TO PLACING OF NEW SHARES UNDER SPECIFIC MANDATE
Reference is made to the announcement (the “Announcement”) of Skyway Securities Group Limited (the “Company”) dated 3 May 2016 in relation to, among others, the placing of up to 2,550,000,000 new shares of the Company under the specific mandate. Unless the context requires otherwise, capitalised terms used herein shall bear the same meanings as defined in the Announcement.
As additional time is required to fulfill the conditions precedent of the Placing Agreement, the Board announces that after arm’s length negotiations, the Company and the Placing Agent entered into an extension letter on 23 June 2016 (after trading hours) to extend the Long Stop Date from 15 July 2016 (or such later date as the parties to the Placing Agreement may agree) to 31 July 2016 (or such later date as the parties to the Placing Agreement may agree).
Save as disclosed above, all other terms and conditions of the Placing Agreement shall remain unchanged and continue in full force and effect.
By Order of the Board Skyway Securities Group Limited Lin Yuehe Chairlady
Hong Kong, 23 June 2016
* For identification purposes only
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As at the date of this announcement, the Board comprises the following Directors:
Executive Directors:
Ms. Lin Yuehe (Chairlady) Mr. Ng Kwok Leung (Chief Executive Officer) Mr. Tam Tak Wah
Independent Non-executive Directors: Mr. Chan Kwan Pak Mr. Siu Gee Tai Mr. Siu Siu Ling Robert
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