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.
Kimou Environmental Holding Limited ږ߱๕ᐑڭછٰϞࠢʮ̡
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 6805)
INSIDE INFORMATION - POSSIBLE DISPOSAL
This announcement is made by Kimou Environmental Holding Limited (''Company'', together with its subsidiaries, the ''Group'') pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (''Listing Rules'') and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
The board (''Board'') of directors (''Directors'') of the Company would like to inform the shareholders and potential investors of the Company that the Group is in preliminary discussion with an independent third party with respect to a possible disposal of a certain interest in one of the Group's electroplating industrial parks (''Possible Disposal''). As at the date of this announcement, the potential purchaser has commenced certain due diligence work regarding the Possible Disposal, but no legally binding agreement as regards the Possible Disposal has been entered into by the parties nor have the parties agreed upon on any concrete terms and conditions in respect of the Possible Disposal.
It is expected that if the Possible Disposal materialises, it may constitute a notifiable transaction of the Company under the Listing Rules. The Company will comply with the applicable compliance requirements as and when required in accordance with the Listing Rules.
As the Possible Disposal may or may not materialise, shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.
On behalf of the Board
Kimou Environmental Holding Limited
Zhang Lianghong
Chairman
Hong Kong, 12 March 2021
As at the date of this announcement, the Board comprises Mr. Zhang Lianghong (Chairman), Mr. Zhu Heping (Chief Executive Officer), Mr. Lee Yuk Kong and Mr. Huang Shaobo as executive Directors, and Mr. Li Xiaoyan, Mr. Li Yinquan and Mr. Kan Chung
Nin, Tony SBS, JP as independent non-executive Directors.
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Kimou Environmental Holding Ltd. published this content on 12 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 March 2021 12:52:04 UTC.