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Wisdomcome Group Holdings Ltd. — Capital/Financing Update 2011
Jul 25, 2011
51257_rns_2011-07-25_5ec1e17f-f9ca-4338-b35a-ea5dbc935e43.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.
This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities in the Company.
Unlimited Creativity Holdings Limited
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(continued into Bermuda with limited liability)
(Stock Code: 8079)
DELAY IN DESPATCH OF THE CIRCULAR AND REVISED EXPECTED TIMETABLE FOR THE PROPOSED RIGHTS ISSUE Financial Adviser of the Rights Issue
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Underwriter of the Rights Issue
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SHIU YUEK YUEN
As additional time is required to finalise certain information to be included in the Circular, including but not limited to the letter of the Independent Financial Adviser, the despatch of the Circular is to be postponed to on or before 1 August 2011. The Board also announces that the expected timetable for the proposed Rights Issue will be revised as set out in this announcement.
References is made to the announcement of the Company dated 29 June 2011 (the " Announcement ") in relation to, amongst other things, the Rights Issue. Unless otherwise stated, capitalised terms used herein shall bear the same meanings as defined in the Announcement.
FURTHER DELAY IN DESPATCH OF CIRCULAR
As set out in the Announcement, the date of despatch of the circular (the " Circular ") regarding, amongst other things, the Rights Issue, under the original timetable is 25 July 2011. As additional time is required by the Company to finalise certain information to be included in the Circular, including but not limited to the letter of the Independent Financial Adviser, the despatch of the Circular is to be postponed to on or before 1 August 2011.
REVISED EXPECTED TIMETABLE
Due to delay in despatch of the Circular, the expected timetable for the Rights Issue is revised as follows. Save as indicated below, all other dates set out under the section headed "Expected Timetable" in the Announcement remain unchanged.
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2011
Hong Kong time Monday, 1 August Monday 4:00 p.m., on 22 August Wednesday 4:00 p.m., on 24 August Wednesday, 24 August Wednesday 5:00 p.m. on 24 August 9:00 a.m. on Thursday, 25 August 9:00 a.m. on Thursday, 25 August 9:00 a.m. on Thursday, 25 August 9:00 a.m. on Thursday, 25 August Thursday, 25 August Friday, 26 August
Expected date of dispatch of Circular Latest time for lodging proxy forms for the SGM
SGM
Announcement of results of SGM Effective time and date of the Capital Reorganisation Commencement of dealings in the Adjusted Shares
Original counter for trading in Shares (represented by existing share certificates) in board lots of 20,000 shares temporarily closes
Temporary counter for trading in Adjusted Shares (represented by existing share certificates) in board losts of 2,000 Adjusted Shares opens
First day of free exchange of existing certificates for the Shares (in board lots of 20,000 Shares) into new certificates for the Adjusted Shares
Last day of dealing in Adjusted Shares on a cum-entitlement basis First day of dealing in Adjusted Shares on an ex-entitlement basis Latest time for lodging transfer of Adjusted Shares in order to qualify for the Rights Issue Register of members of the Company closes Record Date Register of members for the Shares reopens Despatch of Prospectus Documents First day of dealings in nil-paid Rights Shares Latest time for splitting nil-paid Rights Shares
4:30 p.m. on Monday, 29 August Tuesday, 30 August Tuesday, 30 August Wednesday, 31 August Wednesday, 31 August
Friday, 2 September 4:30 p.m. on Tuesday, 6 September
Original counter for trading in Adjusted Shares (represented by new share certificates) in board lot of 20,000 Adjusted Shares reopens
9:00 a.m. on Thursday, 8 September
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Designated agent to stand in the market to provide matching services to facilitate the odd lots
9:00 a.m. on Thursday, 8 September
Parallel trading in Adjusted Shares (in the form of new and existing certificates) commences
9:00 a.m. on Thursday, 8 September
Last day of dealings in nil-paid Rights Shares
Friday, 9 September
Latest time for acceptance of and payment for Rights Shares and excess Rights Shares
4:00 p.m. on Thursday, 15 September
Latest time to terminate the Underwriting Agreement and for the Rights Issue to become unconditional
Announcement of the results of the Rights Issue
4:00 p.m. on Monday, 19 September Wednesday, 21 September
Refund cheques to be dispatched in relation to wholly or partially unsuccessful applications for excess Rights Shares on or before
Thursday, 22 September
Shares certificates for Rights Shares to be dispatched on or before Thursday, 22 September
Dealings in Rights Shares commences
9:00 a.m. on Monday, 26 September
Temporary counter for trading in Adjusted Shares (represented by existing share certificates) in board lot of 2,000 Adjusted Shares closes
4:00 p.m. on Thursday, 29 September
Designated agent ceases to stand in the market to provide matching services
4:00 p.m. on Thursday, 29 September
Parallel trading in Adjusted Shares (in the form of new and existing certificates) ends
4:00 p.m. on Thursday, 29 September
Last day for free exchange of existing share certificates for new share certificates for Adjusted Shares
4:30 p.m. on Monday, 3 October
EFFECT OF BAD WEATHER ON THE FINAL ACCEPTANCE DATE
The Latest Time for Acceptance will be postponed if there is:
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a tropical cyclone warning signal number 8 or above, or
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a "black" rainstorm warning
in force in Hong Kong at any local time between 12:00 noon and 4:00 p.m. on Thursday, 15 September 2011. Instead, the Latest Time for Acceptance will be rescheduled to 12:00 noon on the next Business Day which does not have either of those warnings in force at any time between 9:00 a.m. and 12:00 noon. If the Latest Time for Acceptance is postponed in accordance with the foregoing, the dates mentioned in the section headed "Expected timetable" in this announcement may be affected. An announcement will be made by the Company in such event.
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By order of the Board Unlimited Creativity Holdings Limited Shiu Yeuk Yuen Chairman
Hong Kong, 25 July 2011
As at the date hereof, the Board comprised: Executive Directors:
Mr. Shiu Yeuk Yuen (Chairman) Mr. Leung Ge On Andy
Independent Non-executive Directors:
Mr. Hung Anckes Yau Keung Mr. Siu Yim Kwan, Sidney Mr. Tsui Pui Hung
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.
This announcement will remain on the GEM website at www.hkgem.com on the “Latest Company Announcements” page for seven days from the day of its posting and on the website of the Company at www.ulcreativity.com.
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