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Rego Interactive Co., Ltd — Capital/Financing Update 2017
Jul 25, 2017
50588_rns_2017-07-25_b7695644-7d28-44b7-9404-7171e5e8bba0.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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(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 1065)
ANNOUNCEMENT EXPECTED TO WIN A BID
All members of the board (the “ Board ”) of directors (the “ Directors ”) of Tianjin Capital Environmental Protection Group Company Limited (the “ Company ”) warrant the truthfulness, accuracy and completeness of the contents in this announcement, and accept joint and several responsibilities for any false information, misleading statements or material omissions in this announcement.
According to the preliminary winning results notice of Sewage Treatment and Wastewater Reuse and Water Supply Integration PPP Project of Bayannur (巴彥淖爾 市污水處理再生水回用及供水一體化PPP項目) (the “ Project ”) published by Inner Mongolia Tendering Company Limited (內蒙古招標責任有限公司) on the Inner Mongolia Autonomous Region Government Purchasing Network (內蒙古自治區政府 採購網), the Company will become the preliminary winning social capital provider.
I. Basic information of the project to be transacted
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Name of the Project: Sewage Treatment and Wastewater Reuse and Water Supply Integration PPP Project of Bayannur
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Purchaser of the Project: Bayannur Water Authority
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Preliminary winning social capital provider: the Company
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Price for the Project to be transacted: RMB776,956,600, among which, the initial equity transfer price amounts to RMB582,055,200, and the equity transfer quotation after capital contribution from finance lease balance amounts to RMB194,901,400.
The bidding target of the Project is 70% state-owned equity in Bayannur Jinshengyuan Water Supply and Drainage Company Limited (巴彥淖爾市金 晟源給排水有限公司).
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Description of the Project: the cooperation scope of the Project includes sewage water treatment and reclaimed water recycle of the Linhe Second Sewage Water Treatment Plant of Bayannur (巴彥淖爾市臨河第二污水處理 廠); living water supply, industrial water supply, sewage water treatment and reclaimed water recycle of the Industrial Parks of Urad Front Banner (烏拉特前旗) and Urad Rear Banner (烏拉特後旗); industrial water supply of Menghai Industrial Park (蒙海工業園區) of Hanggin Rear Banner (杭錦 後旗). The Project has a sewage processing capacity of 150,000 tonnes per day, recycled water capacity of 115,000 tonnes per day and water supply capacity of 85,000 tonnes per day.
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Cooperation model: the Project adopts PPP model, i.e. government and social capital cooperation model.
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Term of cooperation: the licensed operation period of the Project is 30 years.
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Notice period: From 24 July 2017 to 28 July 2017
- II. Impact on the Company
If the Project is finally transacted, it will have positive impact on the future development of the Company.
III. Risk Warning
The Project is currently under the pre-transaction stage and it remains uncertain to some extent as to whether the Company can obtain the “Transaction Confirmation”. The specific contents of the Project are subject to formal agreement. If the Company finally wins the bid, the Company will disclose the final bidding results of the Project and the subsequent development according to the relevant requirements in a timely manner. Investors are advised to pay attention to the investment risks.
By order of the Board Liu Yujun Chairman
Tianjin, the PRC 25 July 2017
As at the date of this announcement, the Board comprises four executive Directors: Mr. Liu Yujun, Mr. Tang Fusheng, Ms. Fu Yana and Ms. Peng Yilin; two non-executive Directors: Mr. An Pindong and Ms. Chen Yinxing; and three independent non-executive Directors: Mr. Gao Zongze, Mr. Guo Yongqing and Mr. Wang Xiangfei.
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