GLORIOUS PROPERTY HOLDINGS LIMITED 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.
恒 盛 地 產 控 股 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock Codes: 00845 and 5907)- POSTPONEMENT OF THE BOARD MEETING AND DELAY IN PUBLICATION OF THE 2015 RESULTS ANNOUNCEMENT
- POSSIBLE DELAY IN DESPATCH OF THE 2015 ANNUAL REPORT AND
- SUSPENSION OF TRADING
This announcement is made by Glorious Property Holdings Limited (the "Company") pursuant to Rules 13.09 and 13.49(3) of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Reference is made to the announcement issued by the Company on 14 March 2016 in relation to the date of Board Meeting (the "Board Meeting") and the publication of the annual results announcement of the Company and its subsidiaries for the year ended 31 December 2015 (the "2015 Results Announcement") and the profit warning announcement issued by the Company on 29 March 2016 (the "Profit Warning Announcement") in respect of the expected increase of the loss attributable to the owners of the Company for the year ended 31 December 2015 as compared to that for the year ended 31 December 2014.
Pursuant to Rule 13.49(1) of the Listing Rules, the Company is required to publish the 2015 Results Announcement on or before 31 March 2016. As stated in the Profit Warning Announcement, the date of the Board Meeting and the approval of the publication of the 2015 Results Announcement is 31 March 2016. As more time is required by the Company to gather the necessary information to finalise the results for the year ended 31 December 2015, the date of the Board Meeting and the publication of the 2015 Results Announcement will be delayed. The Company will publish further announcement(s) to inform shareholders of the Company of the date of the Board Meeting and the publication of the 2015 Results Announcement or any update information as and when appropriate.
Possible Delay in Despatch of Annual Report for the year ended 31 December 2015Pursuant to Rule 13.46 of the Listing Rules, the Company is required to despatch its annual report for the year ended 31 December 2015 (the "2015 Annual Report") to its shareholders not more than four months after the end of the financial year to which it relates, that is, on or before 30 April 2016. Due to the delay in the publication of the 2015 Results Announcement, it is expected that there may be a delay in the despatch of the 2015 Annual Report. The Company will publish further announcement(s) to inform shareholders of the Company of the date of despatch of the 2015 Annual Report.
The Board acknowledges that the delay in the publication of the 2015 Results Announcement and the delay (if any) in the despatch of the 2015 Annual Report will constitute a non-compliance of Rules 13.49(1) and 13.46 of the Listing Rules respectively, and endeavours to publish the 2015 Results Announcement and despatch the 2015 Annual Report as soon as possible. The Company will publish further announcement(s) to inform shareholders of the Company of the expected date of the Board Meeting and the publication of the 2015 Results Announcement, the date of despatch of the 2015 Annual Report, as well as any other material information as and when appropriate.
At the request of the Company, trading in the Company's shares (Stock Code: 00845) and debt securities (Stock Code: 5907) on the Stock Exchange will be suspended with effect from 9:00 a.m. on 1 April 2016 pending the publication of the 2015 Results Announcement.
By order of the Board
Glorious Property Holdings Limited Cheng Ka Hang, FrancisCompany Secretary
Hong Kong, 31 March 2016
The directors of the Company jointly and severally accept full responsibility for the accuracy of the information contained in this announcement and confirm, having made all reasonable enquiries, that to the best of their knowledge, opinions expressed in this announcement have been arrived at after due and careful consideration and there are no other facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.
As at the date of this announcement, the executive directors of the Company are Messrs. Cheng Li Xiong, Ding Xiang Yang, Xia Jing Hua and Yan Zhi Rong; the independent non-executive directors of the Company are Prof. Liu Tao, Messrs. Wo Rui Fang and Han Ping.
Glorious Property Holdings Limited issued this content on 01 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 April 2016 00:53:21 UTC
Original Document: http://file.irasia.com/listco/hk/gloriousphl/announcement/a160401.pdf
