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.
Neo-Neon Holdings Limited
(Incorporated in the Cayman Islands with limited liability) (Stock code: 1868)
NON-DISCLOSURE AND EXCLUSIVITY AGREEMENT
AND RESUMPTION OF TRADING
This announcement is made 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 under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
It should be noted that the negotiation with the Investor is in a preliminary stage. Other than the Agreement, neither the Company nor any of its subsidiaries has entered into any definitive agreement or agreed with the Investor on any terms on the Potential Investment. The Potential Investment may or may not proceed. Accordingly, shareholders of the Company and investors should exercise caution when dealing in the shares of the Company.
The board of directors (the "Board") of Neo-Neon Holdings Limited (the "Company, and together with its subsidiaries, the "Group") announces that the Company entered into a non-disclosure and exclusivity agreement (the "Agreement") with an independent third party (the "Investor") on 10
Pursuant to the Agreement, the Company agreed to provide certain information to the Investor (including business and financial information) on a confidential basis to enable the Investor to conduct detailed due diligence on the Group for its potential investment in the Company ("Potential Investment"). Further, the Company agreed that it, its directors and employees shall not directly or indirectly negotiate with any potential investors other than the Investor for any investment in the Company for a period of three months from the date of the Agreement.
The Company will make further announcements in respect of the Potential Investment if and when required in accordance with the Listing Rules.
Neo-Neon Holdings Limited
At the request of the Company, trading in the shares of the Company on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") was suspended with effect from 9:00 a.m. on Thursday, 10 October 2013 pending publication of this announcement. An application has been made to the Stock Exchange for resumption of trading in the shares of the Company with effect from 9:00 a.m. on Friday, 11 October 2013.
By order of the Board
Hong Kong, 10 October 2013
As at the date of this announcement, the executive Directors of the Company are Mr. Ben FAN (Chairman), Ms. Michelle WONG and Mr. FAN Pong Yang and the independent non-executive Directors are Mr. WONG Kon Man, Jason, Mr. WENG Shih Yuan, Ms. LIU Shengping and Mr. SUEN Man Tak, Stephen.