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RemeGen Co., Ltd. — Capital/Financing Update 2013
Jul 26, 2013
51206_rns_2013-07-26_47539d96-7c58-467f-9329-521c7f774af3.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibilities 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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Overseas Chinese Town (Asia) Holdings Limited 華僑城(亞洲)控股有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 03366)
COMPLETION OF THE ISSUE OF ORDINARY SHARES UNDER SPECIFIC MANDATE
The Board is pleased to announce that the OCT (HK) Subscription was completed on 26 July 2013, in accordance with the terms and conditions of the OCT (HK) Subscription Agreement. 140,000,000 Subscription Shares have been allotted and issued to Pacific Climax, a wholly-owned subsidiary of OCT (HK), at the Ordinary Share Subscription Price of HK$4.05 per Subscription Share.
Reference is made to the announcements of the Company dated 7 June 2013 and 19 July 2013, and the circular of the Company dated 26 June 2013 (the “Circular”), in relation to, among other things, the OCT (HK) Subscription. Unless otherwise stated, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.
The Board is pleased to announce that the OCT (HK) Subscription was completed on 26 July 2013, in accordance with the terms and conditions of the OCT (HK) Subscription Agreement. 140,000,000 Subscription Shares have been allotted and issued to Pacific Climax, a wholly-owned subsidiary of OCT (HK), at the Ordinary Share Subscription Price of HK$4.05 per Subscription Share. The net proceeds from the issue of the 140,000,000 Subscription Shares is approximately HK$566,500,000.
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The shareholding structures of the Company before and after the completion of the OCT (HK) Subscription are as follows:
| Shareholders Pacific Climax Public Total |
Before the completion of the OCT After the completion of the OCT (HK) Subscription (HK) Subscription No. of Shares approximately % No. of Shares approximately % 294,894,000 57.85 434,894,000 66.93 214,896,000 42.15 214,896,000 33.07 509,790,000 100.00 649,790,000 100.00 By order of the Board Overseas Chinese Town (Asia) Holdings Limited Wang Xiaowen Chairman |
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Hong Kong, 26 July 2013
As at the date of this announcement, the Board comprises seven directors, namely: Ms. Wang Xiaowen, Ms. Xie Mei and Mr. Yang Jie as executive Directors; Mr. Zhang Haidong as non-executive Director; Mr. Lu Gong, Ms. Wong Wai Ling and Professor Lam Sing Kwong Simon as independent non-executive Directors.
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