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Yida China Holdings Limited — M&A Activity 2016
Nov 11, 2016
50853_rns_2016-11-11_3f14fd70-c192-4560-8c7d-dac13b8e3cf5.pdf
M&A Activity
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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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TRADING HALT
At the request of Yida China Holdings Limited (the “ Company ”), trading in the Company’s shares on The Stock Exchange of Hong Kong Limited has been halted with effect from 1:00 p.m. on 11 November 2016 pending the release by the Company of an announcement relating to a signed sale and purchase agreement for the acquisition of controlling interest in the Company and mandatory unconditional cash offer pursuant to The Hong Kong Code on Takeovers and Mergers, which is inside information in nature.
By Order of the Board Yida China Holdings Limited Sun Yinhuan Chairman
Hong Kong, 11 November 2016
As at the date of this announcement, the executive directors of the Company are Mr. Sun Yinhuan, Mr. Sun Yinfeng, Mr. Sun Yansheng, Mr. Jiang Xiuwen, Mr. Gao Wei and Mr. Wen Hongyu and the independent non-executive directors of the Company are Mr. Ip Yuk Chi Eddie, Mr. Yip Wai Ming and Mr. Guo Shaomu.
ACTIVE 218261924v.1