Re: Ek Chor China Motorcycles
07 Mai 2003 - 10:40AM
UK Regulatory
RNS Number:7767K
Pokphand (C.P.) Co Ltd
07 May 2003
The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this announcement, makes 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.
C.P. POKPHAND CO. LTD.
(Incorporated in Bermuda with limited liability)
DISCLOSEABLE AND CONNECTED TRANSACTION
PROPOSED PRIVATISATION OF
EK CHOR CHINA MOTORCYCLE CO. LTD.
BY WAY OF A SCHEME OF ARRANGEMENT
DELAY IN DESPATCH OF CIRCULAR
Reference is made to the announcement dated 16th April, 2003 issued by the
Company in relation to the Proposal. The Company has applied to the Hong Kong
Stock Exchange for a waiver for the delay in despatch of the Circular on or
before 30th May, 2003.
Reference is made to the announcement dated 16th April, 2003 issued by the
Company in relation to the Proposal (the "Announcement"). Terms used herein
shall have the same meanings as defined in the Announcement.
Rule 14.13(2) of the Listing Rules requires the circular ("Circular") to be
issued by the Company relating to the Proposal to be despatched to the
shareholders of the Company within 21 days after the publication of the
Announcement. However, more time is required by the Company to finalise certain
information to be incorporated in the Circular, in particular, those
corresponding to the scheme document and other relevant documents of Ek Chor
China Motorcycle Co. Ltd., including its transaction statement which is being
reviewed by the United States Securities and Exchange Commission. Accordingly,
there will be a delay in the despatch of the Circular and the Company has
applied to the Hong Kong Stock Exchange for a waiver. It is expected that the
Circular will be despatched on or before 30th May, 2003.
By Order of the Board
Dhanin Chearavanont
Chairman and Chief Executive Officer
Hong Kong, 6th May, 2003
This information is provided by RNS
The company news service from the London Stock Exchange
END
STRFGGGKRNDGFZG