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EVERCHINA INT'L HOLDINGS COMPANY LIMITED 潤中 國 際 控 股 有 限 公 司
(incorporated in Hong Kong with limited liability)
(Stock Code: 202)
LAPSE OF PLACING AGREEMENT
Reference is made to the announcement of EverChina Int'l Holdings Company Limited dated 17 August 2018 (the "Announcement") in relation to the placing of new shares under general mandate. Unless otherwise defined in this announcement, capitalized items used herein shall have the same meanings as those defined in the Announcement.
Given that certain conditions set out in the Placing Agreement have not been satisfied on or before the Long Stop Date, the Placing Agreement has accordingly lapsed.
The Directors believe that the lapse of the Placing Agreement will not have any material adverse impact on the business operations and financial position of the Group.
By order of the Board of
EverChina Int'l Holdings Company Limited
Lam Cheung Shing, Richard
Chief Executive Officer and Executive Director
Hong Kong, 7 September 2018
As at the date of this announcement, the executive Directors are Mr. Jiang Zhaobai, Mr. Shen Angang, Mr. Lam Cheung Shing, Richard and Mr. Chen Yi, Ethan and the independent non-executive Directors are Mr. Ho Yiu Yue, Louis, Mr. Ko Ming Tung, Edward and Professor Shan Zhemin.