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.
PLANETREE INTERNATIONAL DEVELOPMENT LIMITED
梧 桐 國 際 發 展 有 限 公 司
(Incorporated in Bermuda with limited liability)
(Stock code: 00613)
MAJOR TRANSACTION IN RELATION TO
THE SUBSCRIPTION OF SHARES IN THE TARGET COMPANY
FURTHER DELAY IN DESPATCH OF CIRCULAR
Reference is made to (i) the announcement of Planetree International Development Limited (the "Company") dated 20 May 2019 (the "Announcement") in respect of a major transaction in relation to the subscription of new shares in the Target Company and (ii) the announcements of the Company dated 11 June 2019 and 30 August 2019 in relation to the delay in despatch of the Circular. Unless otherwise defined herein, capitalised terms used herein shall have the same meanings as those defined in the Announcement.
As stated in the Company's announcement dated 30 August 2019, the Circular containing, among others, further information of the Subscription was expected to be despatched to the Shareholders on or before 30 September 2019.
As additional time is required: (i) to finalise the financial information of the Group together with the Target Company; and (ii) to finalise other information to be included in the Circular, the date of despatch of the Circular is expected to be postponed to a date on or before 1 November 2019.
By order of the Board
Planetree International Development Limited
Tsang Wing Man
Executive Director
Hong Kong, 30 September 2019
As at the date of this announcement, the Board comprises the following members:
Executive Directors | Independent Non-executive Directors |
Mr. Lam Hiu Lo | Mr. Chan Sze Hung |
Mr. Liang Kang | Mr. Ha Kee Choy, Eugene |
Ms. Cheung Ka Yee | Mr. Kwong Kai Sing, Benny |
Ms. Tsang Wing Man |
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Yugang International Limited published this content on 30 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2019 11:02:02 UTC