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Seazen Group Limited — Capital/Financing Update 2016
Jul 3, 2016
49637_rns_2016-07-03_448a7375-5d9b-47d1-a23b-8f751d1774f7.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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Future Land Development Holdings Limited 新城發展控股有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 1030)
INSIDE INFORMATION OVERSEAS REGULATORY ANNOUNCEMENT
This announcement is made by Future Land Development Holdings Limited (the “ Company ”) pursuant to the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “ Inside Information Provisions ”) and Rule 13.09 and Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).
References are made to the announcements issued by the Company dated February 26, 2016, March 4, 2016, March 8, 2016, March 25, 2016 and May 13, 2016. Future Land Holdings Co., Ltd.* (新城控股集團股份有限公司) (“ Future Land Holdings ”), a subsidiary of the Company with its A shares listed on the Shanghai Stock Exchange (the “ SSE ”) (stock code: 601155), proposed to issue no more than 405,549,626 new shares to raise not more than RMB3.8 billion through nonpublic offering (the “ Non-public Offering ”) to no more than 10 placees, including Wealth Zone Development Co., Ltd.* (富域發展有限公司), an existing shareholder of Future Land Holdings and a wholly-owned subsidiary of the Company.
The board (the “ Board ”) of directors (the “ Directors ”) of the Company is pleased to announce that the Issuance Examination Committee of the China Securities Regulatory Commission* (中國證券 監督管理委員會發行審核委員會) approved the Non-public Offering (the “ CSRC Approval ”) on July 1, 2016.
An announcement headlined “Announcement on Approval of the Non-public Offering of A Shares by the Issuance Examination Committee of the China Securities Regulatory Commission* (關 於非公開發行A股股票獲得中國證監會發行審核委員會審核通過的公告)” has been published by Future Land Holdings in relation to the CSRC Approval on the website of the SSE on July 1, 2016 and a copy of the announcement is available for download on the website of the SSE (www.sse.com.cn).
Upon release of further information by Future Land Holdings to the SSE in accordance with the applicable securities laws and regulations in China, the Company will make further announcement in accordance with the requirements under the Inside Information Provisions and the Listing Rules.
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As completion of the Non-public Offering is subject to certain conditions, the Non-public Offering contemplated thereunder may or may not proceed. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.
By order of the Board Future Land Development Holdings Limited WANG Zhenhua Chairman
PRC, July 3, 2016
As at the date of this announcement, the Directors are Mr. Wang Zhenhua, Mr. Lv Xiaoping, Mr. Lu Zhongming, Mr. Liu Yuanman and Mr. Chan Wai Kin as executive Directors, Mr. Wang Xiaosong as non-executive Director, and Mr. Chen Huakang, Mr. Zhu Zengjin and Mr. Zhong Wei as independent non-executive Directors.
- Denotes English translation of the name of a Chinese company or entity or vice versa is provided for identification purpose only.
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