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.
UPDATE ON THE
DISCLOSEABLE TRANSACTION IN RELATION TO
(I) DEEMED DISPOSAL; AND
(II) OPTIONS GRANTED
Reference is made to the announcements of the Company dated 15 December 2017, 8 February 2018 and 18 April 2018 ("Announcements") in relation to the deemed disposal and options granted. Unless otherwise defined, capitalized terms used herein shall have the same meanings as defined in the Announcements.
On 28 August 2018, Investor B exercised its right to purchase 688 Option Shares for cash on the terms and conditions of the Option granted from CIPGL to Investor B under the Subscription Agreement. Immediately after the transfer of 688 Option Shares of CIPGL to Investor B, the shareholding structure of CIPHL is set out as below :
Shareholders | Number of shares | Shareholding % |
of CIPHL | ||
CIPGL | 7,248 | 72.48 |
Investor A | 1,376 | 13.76 |
Investor B | 1,376 | 13.76 |
Total | 10,000 | 100.00 |
Hong Kong, 28 August 2018 |
By order of the Board
Beijing Properties (Holdings) Limited
Cheng Ching Fu
Company Secretary
As at the date of this announcement, Mr. Qian Xu, Mr. Hu Yebi, Mr. Li Shuping, Mr. Zhao Jiansuo, Mr. Siu Kin Wai, Mr. Dong Qilin, Mr. Li Changfeng, Mr. Cheng Ching Fu, Mr. Yu Luning and Mr. Ang Renyi are the Executive Directors; and Mr. Goh Gen Cheung, Mr. Zhu Wuxiang, Mr. James Chan, Mr. Song Lishui and Mr. Xie Ming are the Independent Non-executive Directors.
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Beijing Properties (Holdings) Limited published this content on 28 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 August 2018 08:36:00 UTC