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 Bermuda with limited liability)
(Stock code: 851)
CLARIFICATION ANNOUNCEMENT
Reference is made to the announcement of Sheng Yuan Holdings Limited (the "Company") dated 25 October 2018 (the "Announcement") in relation to the (1) major transaction in relation to the proposed acquisition of 80% of the equity interest in a financial leasing company in the PRC; (2) issue of consideration shares under specific mandate; and (3) continuing connected transactions.
Unless otherwise stated, terms used in this clarification announcement shall have the same meanings as those defined in the Announcement.
The Company would like to clarify that there was an inadvertent mistake regarding the shareholder of Vendor 2 on page 14 of the Announcement and wishes to clarify that Vendor 2 should be ultimately owned by Mr. Guo instead of Mr. Guo Shi Chang (ெ˰ ), the son of Mr. Guo and Ms. Xuan.
Save for the aforesaid, the Company confirms that there is no other clarification that is required to be made regarding the Announcement.
By order of the Board Sheng Yuan Holdings Limited
Qiu Bin
Executive Director and Chief Executive Officer
Hong Kong, 2 November 2018
As at the date of this announcement, the Board consists of Mr. Qiu Bin and Ms. Cheng Kit Sum, Clara (all being executive Directors), Mr. Chen Zhong Min (being non-executive Director),
Mr. Fung Tze Wa, Dr. Huan Guocang and Mr. Lo Ka Wai (all being independent non-executive Directors).
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Sheng Yuan Holdings Ltd. published this content on 02 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 November 2018 16:17:01 UTC