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Television Broadcasts Limited — Capital/Financing Update 2016
Sep 30, 2016
49261_rns_2016-09-30_5f379669-74fb-424d-b184-86360a52cf2a.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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China Fortune Financial Group Limited
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 290)
Website: http://www.290.com.hk
VOLUNTARY ANNOUNCEMENT
This announcement is made by China Fortune Financial Group Limited (the ‘‘Company’’) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the ‘‘Listing Rules’’) and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The board of directors (the ‘‘Board’’) of the Company announces that the Company is in discussions in relation to the formation of a joint venture securities company in the People’s Republic of China (the ‘‘Potential Transaction’’). As at the date of this announcement, discussions are still in progress and the parties have not yet agreed on any terms of the Potential Transaction. No legally binding agreement for the Possible Transaction has been entered into between the parties.
If the Potential Transaction materialised, it may constitute a notifiable transaction for the Company under the Listing Rules. Further announcement(s) in relation to the Potential Transaction will be made by the Company as and when appropriate in compliance with the Listing Rules.
Shareholders and potential investors of the Company should note that there is no assurance that the Potential Transaction will materialize or eventually be consummated. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company.
By Order of the Board China Fortune Financial Group Limited WONG Kam Choi MH Executive Director and Chairman
Hong Kong, 30 September 2016
As at the date of this announcement, the Board consists of three executive Directors, namely Mr. WONG Kam Choi MH (Chairman), Mr. HON Chun Yu and Ms. FU Wan Sheung; two nonexecutive Directors, namely Mr. TANG Baoqi and Mr. WU Ling; and three independent nonexecutive Directors, namely Mr. CHAN Kin Sang, Mr. NG Kay Kwok and Mr. TAM B Ray Billy.