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 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.
(Incorporated in Hong Kong with limited liability)
(Stock Code: 36) COMPLETION OF THE MAJOR AND CONNECTED TRANSACTION
References are made to the announcements of Far East Holdings International Limited
(the " Company ") dated 18 February 2015, 20 April 2015, 30 April 2015 and 18 May
2015 respectively and the circular of the Company dated 31 March 2015 (the "Circular") in relation to the disposal of interests in the Disposal Group. Unless otherwise specified, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.
The Board is pleased to announce that all of the conditions under the Sale and Purchase Agreements have been fulfilled. Completion of: (a) the Healy SPA in relation to the disposal of Property C took place on 29 May 2015, (b) the Tigris SPA in relation to the disposal of Property D took place on 29 May 2015; and (c) the Blooming Success SPA in relation to the disposal of Property A and Property B took place on 12 June 2015 respectively. The Disposal Group has ceased to be subsidiaries of the Company accordingly.
By order of the Board
Executive Director
Hong Kong, 12 June 2015
As at the date of this announcement, the Board comprises six Directors, of which three are executive Directors, namely, Mr. Derek Chiu, Mr. Yu Pak Yan, Peter and Mr. Fok Chi Tak; and three are independent non-executive Directors, namely, Mr. Chan Ming Sun, Jonathan, Dr. Wong Yun Kuen and Ms. Kwan Shan.
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