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.
GREEN LEADER HOLDINGS GROUP LIMITED
綠領控股集團有限公司
(Incorporated in Bermuda with limited liability)
(Stock Code: 61)
ANNOUNCEMENT
Reference is made to the announcement of the Company dated 18 June 2019 (the "Announcement") in relation to the discloseable transaction on the part of the Company relating to the Disposal. Unless the context requires otherwise, capitalised terms used herein shall bear the same meanings as defined in the Announcement.
As disclosed in the Announcement, pursuant to the Sale and Purchase Agreement, the remaining balance of the Consideration in the sum US$900,000 (the "Remaining Consideration") shall be payable by the Purchaser to the Vendor (or as the Vendor may direct) within one month after Completion.
By a side letter dated 13 August 2019, the parties to the Sale and Purchase Agreement agree that the Remaining Consideration (equivalent to HK$7,020,000) shall be set off against part of the principal amount of the matured convertible bonds issued by the Company to the Purchaser on a dollar-to-dollar basis.
Save as disclosed herein, all the terms and conditions of the Sale and Purchase Agreement remain unchanged.
By the order of the Board of
Green Leader Holdings Group Limited
Mr. Zhang Sanhuo
Director
Hong Kong, 13 August 2019
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As at the date of this announcement, the Directors are:
Executive Directors | Non-executive Directors |
Mr. Zhang Sanhuo | Ms. Zhu Zheyu (Chairman) |
Mr. Tse Michael Nam (Chief Executive Officer) | Mr. Chang Che-Fa |
Ms. Zhang Tingting | |
Independent non-executive Directors | |
Ms. Leung Yin Fai |
Mr. Leung Po Wing, Bowen Joseph GBS, JP
Mr. Lyu Guoping
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