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.

(Incorporated in Bermuda with limited liability)

(Stock code: 555)

ARRANGEMENT IN REPAYMENT OF

REMAINING INDEBTEDNESS

This announcement is made by REXLot Holdings Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

Reference is made to the announcements of the Company dated 22 November 2018, 28 October 2019, 22 November 2019, 29 November 2019, 13 December 2019, 23 December 2019, 3 January 2020, 13 January 2020 and 30 January 2020. Unless otherwise stated, definitions used herein shall have the same meanings as those defined in the said announcements.

As the Company understands that more time is required to complete the approval procedures to effect the Partial Repayments as set out in the announcement of the Company dated 30 January 2020, the Company revises the payment dates of the repayment plan as follows:

1

Partial

Partial

redemption of

repayment of

2017 Bonds and

Shareholder's

Payment Date

2019 Bonds

Loan

(approximately

(approximately

HK$ million)

HK$ million)

1st Partial

By 13 March 2020

200

118

Repayment

2nd Partial

By 13 March 2020

200

118

Repayment

3rd Partial

By 13 March 2020

200

118

Repayment

Notice of the above revised payment date and payment details of the Bonds will be issued to the Bondholders through the trustee of the Bonds.

SUSPENSION OF TRADING

At the request of the Company, trading in shares of the Company on the Stock Exchange was suspended with effect from 9:00 a.m. on 1 April 2019 and will remain suspended until further notice.

The Shareholders and potential investors are advised to exercise caution when dealing in the securities of the Company.

By Order of the Board

Woo Ming Wah

Company Secretary

Hong Kong, 21 February 2020

As at the date of this announcement, the Board comprises two executive directors namely Mr. Chan How Chung, Victor and Mr. Boo Chun Lon; one non-executive director namely Mr. Yuen Wai Ho; and three independent non-executive directors namely, Mr. Chow Siu Ngor, Mr. Wong Hoi Kuen and Mr. Hung Hing Man.

2

Attachments

  • Original document
  • Permalink

Disclaimer

REXLot Holdings Ltd. published this content on 21 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2020 13:06:05 UTC