MIN XIN 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.
MIN XIN HOLDINGS LIMITED閩 信 集 團 有 限 公 司
(Incorporated in Hong Kong with limited liability)
(Stock Code: 222)
PLEDGE OF SHARES BY CONTROLLING SHAREHOLDERThis announcement is made by Min Xin Holdings Limited (the "Company") pursuant to Rule
13.09 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).
On 28 December 2016, the Company received a notice from Vigour Fine Company Limited ("Vigour Fine"), a controlling shareholder of the Company, informing that Vigour Fine has pledged an aggregate of 40,850,000 shares in the issued share capital of the Company (the "Pledged Shares") in favour of The Hongkong and Shanghai Banking Corporation Limited (the "Lender") as security for a loan granted by the Lender to Vigour Fine. The Pledged Shares represent approximately 8.89% of the issued share capital of the Company as at the date of this announcement. The aforesaid Pledge Shares does not fall within the scope of Rule 13.17 of the Listing Rules.
As at the date of this announcement, Vigour Fine is interested in 220,580,600 shares of the Company, representing approximately 48.01% of the issued share capital of the Company.
By Order of the Board
Min Xin Holdings Limited LIU ChengExecutive Director and General Manager
Hong Kong, 28 December 2016
As at the date of this announcement, the executive Directors of the Company are Messrs PENG Jin Guang (Chairman), WANG Fei (Vice Chairman) and LIU Cheng; the non-executive Directors are Messrs LIU Lun and HON Hau Chit; the independent non-executive Directors are Messrs IP Kai Ming, SZE Robert Tsai To and SO Hop Shing.
Min Xin Holdings Limited published this content on 28 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 28 December 2016 10:22:15 UTC.
Original documenthttp://www.minxin.com.hk/upload/4ie6vqkq/e_announcement (updated 28 Dec).pdf
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