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    474   KYG0070S1066

ACESO LIFE SCIENCE GROUP LIMITED

(474)
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Hao Tian Development : Announcements and Notices - Discloseable and Connected Transactions Appointment of Independent Financial Adviser

07/20/2018 | 05:43am EST

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.

This announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company.

DISCLOSEABLE AND CONNECTED TRANSACTIONS APPOINTMENT OF INDEPENDENT FINANCIAL ADVISER

Reference is made to the announcement (the ''Announcement'') of Hao Tian Development Group Limited dated 28 June 2018 in respect of the discloseable and connected transactions involving the acquisition of notes and the issue of bonds. Unless the context otherwise requires, capitalised terms in this announcement shall have the same meanings as those defined in the Announcement.

The Board is pleased to announce that Opus Capital Limited, a corporation licensed to carry out type 1 (dealing in securities) and type 6 (advising on corporate finance) regulated activities under the Securities and Futures Ordinance, has been appointed as the independent financial adviser to advise the Independent Board Committee and the Independent Shareholders in relation to the Acquisition and Issuance and as to the voting in respect thereof at the EGM.

By Order of the Board

Hao Tian Development Group Limited

Fok Chi Tak

Executive Director

Hong Kong, 20 July 2018

As at the date of this announcement, the Board comprises three executive Directors, being Mr. Xu Hai Ying, Dr. Zhiliang Ou, JP (Australia) and Mr. Fok Chi Tak; and three independent non-executive Directors, being Mr. Chan Ming Sun Jonathan, Mr. Lam Kwan Sing and Mr. Lee Chi Hwa, Joshua.

Disclaimer

Hao Tian Development Group Limited published this content on 20 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 July 2018 09:42:08 UTC


© Publicnow 2018
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Financials
Sales 2021 98,0 M 12,6 M 12,6 M
Net income 2021 -376 M -48,3 M -48,3 M
Net Debt 2021 2 086 M 268 M 268 M
P/E ratio 2021 -3,59x
Yield 2021 -
Capitalization 1 322 M 170 M 170 M
EV / Sales 2020 -120x
EV / Sales 2021 37,3x
Nbr of Employees 167
Free-Float 37,2%
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Managers and Directors
Chi Tak Fok Chief Financial Officer & Executive Director
Ming Sun Chan Independent Non-Executive Director
Kwan Sing Lam Independent Non-Executive Director
Yiu Tong Mak Independent Non-Executive Director
Hai Ying Xu Executive Director
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