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Tuesday, September 29th, 2020

HNA : Announcements and Notices – Update on Very Substantial Acquisition

by September 22, 2017 General

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 Hong Kong with limited liability)

(Stock Code: 521)


Reference is made to the announcements of HNA Holding Group Co. Limited (the “Company”) dated 9 April 2017, 26 July 2017, 1 August 2017, 4 August 2017, 18 August 2017 and 7 September 2017 and the circular of the Company dated 30 June 2017 (the “Circular”). Unless otherwise defined, capitalised terms used herein shall have the same meaning as those defined in the Circular.

On the date of this announcement, the Offeror has despatched the Offer Document dated 21 September 2017 containing, among other things, the terms and conditions of the Offer and enclosing the relevant forms of acceptance of the Offer to all CWT Shareholders, except that copies of the Offer Document and any other formal documentation relating to the Offer have not been, and must not be, despatched to any jurisdiction where the making of or the acceptance of the Offer would violate the law of that jurisdiction. As stated in the Offer Document, the Offer will close at 5:30 p.m. (Singapore time) on 19 October 2017 or such later date(s) as may be announced from time to time by or on or behalf of the Offeror (the “Closing Date”). Acceptances of the Offer must be received not later than the Closing Date.

Copies of the Offer Document and the relevant forms of acceptance of the Offer have also been made available on the website of SGX-ST (

Nothing herein shall constitute an offer to sell or a solicitation of an offer to subscribe for the securities of the Company and/or CWT. Shareholders and potential investors of the Company should exercise caution when dealing with the Shares.

By order of the Board


Xu Haohao

Executive Director

Hong Kong, 21 September 2017

As at the date of this announcement, the Board comprises Mr. Zhao Quan (Executive Director and Co-Chairman), Mr. Wang Shuang (Executive Director and Co-Chairman), Mr. Xu Haohao (Executive Director and President), Mr. Leung Shun Sang, Tony (Non-executive Director), Mr. Wang Hao (Non-executive Director), Mr. Mung Bun Man, Alan (Non-executive Director), Mr. Leung Kai Cheung (Independent Non-executive Director), Mr. Liem Chi Kit, Kevin (Independent Non-executive Director) and Mr. Lam Kin Fung, Jeffrey (Independent Non-executive Director).

HNA Holding Group Co. Ltd. published this content on 22 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 22 September 2017 01:54:04 UTC.