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RoboSense Technology Co., Ltd — M&A Activity 2007
Sep 11, 2007
50628_rns_2007-09-11_bb3ba05c-0b7f-4ac6-8d5c-ca6073c9b7f8.pdf
M&A Activity
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(a joint stock limited company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 1108)
Announcement in relation to the Approval of Acquisition of Luoyang Glass Company Limited by China National Building Material Group Corporation
The board (“ Board ”) of directors (“ Directors ”) of Luoyang Glass Company Limited (the “ Company ”) confirms that there are no false representations, misleading statements or material omissions contained herein and individually and collectively accept the responsibility for the truthfulness, accuracy and completeness of the contents of this announcement.
The Company received a notice from China National Building Material Group Corporation (“ CNBMG ”) on 11 September 2007 that CNBMG has received a “ Reply and Approval regarding Approval of Announcement by China National Building Material Group Corporation in respect of Acquisition Report on Luoyang Glass Company Limited and Waiver of its Obligations to Make a General Offer” (Zheng Jian Gong Si Zi [2007] No. 144 ) issued by China Securities Regulatory Commission, which approved CNBMG to control 179,018,242 shares of the Company (representing 35.80% of the Company’s total share capital) due to administrative allocation of state-owned shares, and granted waiver of CNBMG’s obligations to make a general offer.
By order of the Board Cao Mingchun Secretary to the Board
Luoyang, the PRC 11 September 2007
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As at the date of this announcement, the Board comprises five executive Directors: Mr. Zhu Leibo, Mr. Zhu Liuxin, Mr. Gao Tianbao, Mr. Xie Jun and Mr. Cao Mingchun, two non-executive Directors, Mr. Yang Weiping and Mr. Shen Anqin, and four independent non-executive Directors: Mr. Zhang Zhanying, Mr. Guo Aimin, Mr. Xi Shengyang and Mr. Ge Tieming.
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