Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
Dafeng Port Heshun Technology Company Limited 大 豐 港 和 順 科 技 股 份 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 8310)
SUPPLEMENTAL ANNOUNCEMENT IN RELATION
TO THE DISPOSAL OF 51% OF THE ISSUED SHARE CAPITAL
IN GAMMA LOGISTICS (B.V.I.) CORPORATION
Reference is made to the announcement of the Company dated 30 December 2018 (the ''Announcement'') in relation to, inter alia, the entering into of the Disposal Agreement on 28 December 2018. Capitalized terms used herein shall have the same meanings as those defined in the Announcement unless otherwise stated.
The Board would like to provide the following additional information in relation to the Disposal as follows:
1. Immediately after Completion, the Company will not hold any equity interest of the Target Company; and
2. Based on the unaudited financial statements of the Target Company as at 30 September 2018, the Company is expected to record a loss of approximately HK$4.3 million (before taxation) from the Disposal, which is calculated with reference to the Consideration and the net asset value of the Target Group, being approximately HK$18.8 million. The actual amount of gain or loss arising from the Disposal to be recognised by the Company will be determined based on those amounts as at the date of Completion and will be subject to audit by the Company's auditors.
Save as stated above, all other information in the Announcement remains unchanged.
By order of the Board
Dafeng Port Heshun Technology Company Limited
Ni Xiangrong
Chairman
Hong Kong, 3 January 2019
As at the date of this announcement, the Board comprises the following members:
Executive Directors | Non-executive Directors | Independent Non-executive |
Directors | ||
Mr. Ni Xiangrong (Chairman) | Mr. Ji Longtao | Dr. Bian Zhaoxiang |
Mr. Shum Kan Kim | Mr. Yang Yue Xia | Mr. Lau Hon Kee |
Mr. Pan Jian | Mr. Sun Lin | Mr. Yu Xugang |
Mr. Miao Zhibin | Mr. Zhang Fangmao |
This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information concerning the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.
This announcement will remain on the ''Latest Company Announcements'' page of the GEM website atwww.hkgem.comfor at least seven days from the date of its posting and on the
Company's website atwww.dfport.com.hk.
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Dafeng Port Heshun Technology Co. Ltd. published this content on 03 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 03 January 2019 11:43:03 UTC