Date of announcement 2015/10/26
Time of announcement 18:43:52
Date of events 2015/10/26
Date of events 2015/10/26
To which item it meets paragraph 11
Statement
Statement
1.Date of the board of directors resolution:2015/10/26
2.Reason for the capital reduction:In order to comply with
financial plans of CDIB and enhance the efficiency of
capital use of CDIB.
3.Amount of the capital reduction: USD 60,000,000
4.Cancelled shares: 53,395,034shares
5.Capital reduction ratio:41.19%
6.Share capital after the capital reduction:USD76,222,870.8
7.Scheduled date of the shareholders' meeting:Not applicable.
8.Estimate listed shares, the ratio of listed shares to outstanding
shares, after the capital reduction:Not applicable.
9.Countermeasures of the aforesaid estimate change in shareholding
after the capital reduction:Not applicable.
10.Any other matters that need to be specified: Capital Reduction
through share purchase from CDIB and cancelation of those
purchased shares.
2.Reason for the capital reduction:In order to comply with
financial plans of CDIB and enhance the efficiency of
capital use of CDIB.
3.Amount of the capital reduction: USD 60,000,000
4.Cancelled shares: 53,395,034shares
5.Capital reduction ratio:41.19%
6.Share capital after the capital reduction:USD76,222,870.8
7.Scheduled date of the shareholders' meeting:Not applicable.
8.Estimate listed shares, the ratio of listed shares to outstanding
shares, after the capital reduction:Not applicable.
9.Countermeasures of the aforesaid estimate change in shareholding
after the capital reduction:Not applicable.
10.Any other matters that need to be specified: Capital Reduction
through share purchase from CDIB and cancelation of those
purchased shares.