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Wisdomcome Group Holdings Ltd. — Capital/Financing Update 2012
May 23, 2012
51257_rns_2012-05-23_2fb5842e-1613-4ede-ab4c-917648357469.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.
UNLIMITED CREATIVITY HOLDINGS LIMITED 無限創意控股有限公司
(Continued into Bermuda with limited liability)
(Stock code: 8079)
MAJOR TRANSACTION
DISPOSAL OF PROPERTY - UPDATE
Reference is made to the announcement dated 22 May 2012 (the “Announcement”) of the Company in relation to the disposal of the Property. Terms used herein shall have the same meanings as those defined in the Announcement unless the context requires otherwise.
The Company announced the Disposal of Property on 22 May 2012. As disclosed in the Announcement, the Purchaser was to pay an initial deposit in the sum of HK$3,600,000 to Top Euro upon signing of the Provisional Agreement. Only partial deposit in the amount of HK$2,000,000 has been paid by the Purchaser and the Purchaser did not pay the remaining balance of HK$1,600,000.
Since only partial deposit has been paid, the terms in the Provisional Agreement have not been fulfilled. As such, the Disposal would not proceed further. The partial deposit in the amount of HK$2,000,000 has been refunded to the Purchaser.
On order of the Board
Unlimited Creativity Holdings Limited
Shiu Yeuk Yuen
Chairman
Hong Kong, 23 May 2012
As at the date of this announcement, the Board comprises Mr. Shiu Yeuk Yuen and Mr. Leung Ge On Andy as executive Directors; Dr. Siu Yim Kwan, Sidney, Mr. Tsui Pui Hung, Walter and Mr. Kam Tik Lun as independent non-executive Directors.
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 Company’s website at www.ulcreativity.com and at the “Latest Company Announcements” page of the GEM website for at least 7 days from the date of its posting.
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