Microsoft Word - e_Ann_00682_20141031

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 STATUS OF RESUMPTION

This announcement is made by the board of directors (the Board) of Chaoda Modern Agriculture (Holdings) Limited (the Company, together with its subsidiaries, the Group) pursuant to Rule 13.24A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Stock Exchange).
Reference is made to the Company's announcement dated 15 September 2014 regarding the tentative timetable for the resumption of trading in the Company's shares on the Stock Exchange (the Resumption). The Board would like to provide the shareholders of the Company with an update on the Resumption.
Having enquired with Elite Partners CPA Limited (the Auditors) regarding the progress of their audit and/or review of the outstanding financial results of the Group, the Board is given to understand that the audit is so far executed smoothly and as planned.
The Board will continue to extend full cooperation and assistance to accommodate the Auditors' requests with the aim of expediting the Auditors' finalizing the audit and/or review as soon as possible.
Trading in the Company's shares on the Stock Exchange will remain suspended pending the fulfilment of the conditions prescribed by the Stock Exchange for the Resumption as disclosed in the Company's announcement dated 19 July 2013.

By Order of the Board Chaoda Modern Agriculture (Holdings) Limited Kwok Ho Chairman

Hong Kong, 31 October 2014

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As of the date hereof, the board of directors of the Company comprises:

Executive directors : Mr. Kwok Ho, Dr. Li Yan, Ms. Huang Xie Ying, Mr. Kuang Qiao, Mr. Chen Jun Hua and Mr. Chan Chi Po Andy

Non-executive director : Mr. Ip Chi Ming

Independent non-executive directors

: Mr. Fung Chi Kin, Mr. Tam Ching Ho and Professor Lin Shun

Quan

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