6842a9fe-495c-4b6c-94e1-23a8aa73200c.pdf

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.


SKYOCEAN INTERNATIONAL HOLDINGS LIMITED

天洋國際控股有限公司

(Incorporated in Bermuda with limited liability)

(Stock Code: 593) (Warrant Code: 664)


EXPIRY OF SUBSCRIPTION RIGHTS ATTACHING TO THE WARRANTS


The subscription rights attaching to the Warrants will expire at 4:00 p.m. on Friday, 4 March 2016.


The last trading day of the Warrants on the Stock Exchange will be Tuesday, 1 March 2016.


Application has been made to the Stock Exchange for the withdrawal of listing of the Warrants with effect from 4:00 p.m. on Friday, 4 March 2016.


The board of directors (the "Board") of SkyOcean International Holdings Limited (the "Company") wishes to remind the holders of existing bonus warrants issued by the Company (warrant code: 664) (the "Warrants") entitling holders thereof to subscribe for new shares in the capital of the Company (the "Share(s)") at the adjusted subscription price of HK$4.95 per Share that in accordance with the terms and conditions of the instrument dated 23 February 2011 constituting the Warrants, the subscription rights attaching to the Warrants (the "Subscription Rights") will expire at 4:00 p.m. on Friday, 4 March 2016. Thereafter, any Subscription Rights which have not been exercised by 4:00 p.m. on Friday, 4 March 2016 will lapse and certificates of the Warrants will cease to be valid for any purpose.


In respect of the expiry of the Warrants, the Company has made the following arrangements regarding dealings in, transfers of and exercise of the Subscription Rights:


  1. the last trading day of the Warrants on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") will be Tuesday, 1 March 2016 and trading of the Warrants on the Stock Exchange will close after 4:00 p.m. on Tuesday, 1 March 2016.

    The listing of the Warrants will be withdrawn from the Stock Exchange with effect from 4:00 p.m. on Friday, 4 March 2016, and an application has been made to the Stock Exchange for the withdrawal of listing of the Warrants with effect from 4:00 p.m. on Friday, 4 March 2016.


  2. the registered holders of the Warrants who wish to exercise their Subscription Rights must lodge with the share registrar of the Company, Tricor Tengis Limited at Level 22, Hopewell Centre, 183 Queen's Road East, Hong Kong (the "Share Registrar") the following documents by no later than 4:00 p.m. on Friday, 4 March 2016:


    1. the relevant certificate(s) of the Warrants;


    2. the duly completed and signed subscription form(s); and


    3. remittances for the relevant exercise moneys.


    4. holders of the Warrants who have not registered their holdings in Warrants under their own names and wish to exercise in whole or in part of any of their Subscription Rights must lodge with the Share Registrar at the abovementioned address the following documents by no later than 4:00 p.m. on Friday, 4 March 2016:


      1. the relevant duly executed and stamped instrument(s) of transfer(s) and/or other document(s) of title;


      2. the relevant certificate(s) of the Warrants;


      3. the duly completed and signed subscription form(s); and


      4. remittances for the relevant exercise moneys.


      5. Subscription forms and the relevant accompanying documentation lodged with the Share Registrar later than 4:00 p.m. on Friday, 4 March 2016 will not be regarded as valid and will therefore not be accepted.


        Shares to be issued pursuant to the exercise of the Subscription Rights will, when issued, rank pari passu in all respects with the then existing issued Shares. Under the terms of the instrument of the Warrants, new Shares will be allotted and issued not later than 28 days after the date of the exercise of the Subscription Rights.


        The closing prices of the Shares and the Warrants on the Stock Exchange as at the date of this announcement were HK$9.28 per Share and HK$4.30 per Warrant, respectively.

        Holders of the Warrants who are in doubt as to their position or their action to be taken are recommended to consult their licensed securities dealer, bank manager, solicitor, professional accountant or other professional adviser.


        By Order of the Board

        SKYOCEAN INTERNATIONAL HOLDINGS LIMITED Zhou Zheng

        Chairman


        Hong Kong, 15 January 2016


        As at the date of this announcement, the Board comprises Mr. Zhou Zheng (Chairman and Chief Executive Officer), Mr. Liu Li, Mr. Yang Hongguang and Mr. Chan Tak Kwong being the executive Directors, and Mr. Li Chak Hung, Dr. Meng Xiaosu, Mr. Yang Buting and Mr. Zhao Daxin being the independent non-executive Directors.

      SkyOcean International Holdings Limited issued this content on 2016-01-15 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-15 13:27:18 UTC

      Original Document: http://www.skyocean.com/en/upload/contents/2016/01/5698ef2646ba5.pdf