Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this joint 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 joint announcement.

This joint announcement appears for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities of AMVIG Holdings Limited nor is it a solicitation of any acceptance, vote, or approval in any jurisdiction.

Golden Vision Buyout Fund SPC

(Incorporated in the Cayman Islands with limited liability)

acting for and on behalf of

(incorporated in the Cayman Islands with limited liability)

Golden Vision Buyout Fund I SP

(Stock Code: 2300)

JOINT ANNOUNCEMENT

COMPLETION OF COMPULSORY ACQUISITION

AND

WITHDRAWAL OF LISTING OF THE SHARES

UNCONDITIONAL MANDATORY CASH OFFERS BY

CCB INTERNATIONAL CAPITAL LIMITED FOR AND ON BEHALF OF

GOLDEN VISION BUYOUT FUND SPC ACTING FOR AND

ON BEHALF OF GOLDEN VISION BUYOUT FUND I SP

TO ACQUIRE ALL THE ISSUED SHARES OF

AMVIG HOLDINGS LIMITED (OTHER THAN THOSE ALREADY OWNED

OR AGREED TO BE ACQUIRED BY THE OFFEROR

AND THE PARTIES ACTING IN CONCERT WITH IT) AND

FOR THE CANCELLATION OF ALL THE OUTSTANDING OPTIONS OF

AMVIG HOLDINGS LIMITED

Financial adviser to the Offeror

  • For identification purposes only

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INTRODUCTION

References are made to (i) the announcement jointly issued by Golden Vision Buyout Fund SPC acting for and on behalf of Golden Vision Buyout Fund I SP (the "Offeror") and AMVIG Holdings Limited (the "Company") dated 24 September 2020 in relation to, among other things, the Offers; (ii) the composite offer document jointly issued by the Offeror and the Company dated 18 November 2020 (the "Composite Document"); (iii) the announcement jointly issued by the Offeror and the Company dated 25 November 2020 in relation to, among others, the Offers becoming unconditional in all respects; (iv) the clarification announcement jointly issued by the Offeror and the Company in relation to the settlement of the Offers dated 26 November 2020; (v) the announcement jointly issued by the Offeror and the Company dated 1 December 2020 about the updates on the Interim Dividend and settlement of the Share Offer; (vi) the announcement jointly issued by the Offeror and the Company dated 9 December 2020 on the extension of the Offer Period; (vii) the announcement jointly issued by the Offeror and the Company dated 23 December 2020 in relation to, among others, the close of the Offers, the compulsory acquisition and withdrawal of listing (the "Closing Announcement"); (viii) the Compulsory Acquisition Notices dated 19 March 2021 despatched by the Offeror; and (ix) the announcement jointly issued by the Offeror and the Company dated 19 March 2021 in relation to, among other things, the despatch of the Compulsory Acquisition Notices (the "Despatch Announcement").

Capitalised terms used herein shall have the same meanings as those defined in the Composite Document, the Closing Announcement and the Despatch Announcement, unless the context requires otherwise.

COMPLETION OF COMPULSORY ACQUISITION

On 19 March 2021, the Offeror despatched the Compulsory Acquisition Notices to the Remaining Offer Shareholders pursuant to section 88 of the Companies Act. The notice period during which Remaining Offer Shareholders could apply to the Cayman Court to request the Cayman Court to order otherwise in relation to the exercise of the right to compulsorily acquire the Remaining Offer Shares expired at 12:00 a.m. on 19 April 2021 (Cayman Island time) (being the date of expiry of one month from the date of the Compulsory Acquisition Notice). Based solely on the search of the Register of Writs and Other Originating Process of the Cayman Court maintained by the Clerk of the Court of the Cayman Court conducted by the Offeror, as of 18 April 2021 (Cayman Islands time), no such application has been made to the Cayman Court by any Remaining Offer Shareholders. Since no Remaining Offer Shareholders had made such application by 12:00 a.m. on 19 April 2021 (Cayman Islands time), the Offeror had become entitled and bound to acquire the Remaining Offer Shares on the same terms as the Share Offer.

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Procedures to complete the Compulsory Acquisition have been completed and all the Remaining Offer Shares have been transferred to the Offeror on 19 April 2021. The aggregate consideration (less seller's ad valorem stamp duty) due to the Remaining Offer Shareholders has been paid by the Offeror to the Company which is holding such sum in a separate bank account on trust for the Remaining Offer Shareholders until the earlier of (i) the Remaining Offer Shareholders being paid HK$2.12 per Remaining Offer Share (less seller's ad valorem stamp duty) in accordance with the terms of the Share Offer; or (ii) the Company having obtained an order from a court of the Cayman Islands with directions as to how the sum (or its remainder) should be dealt with. The Compulsory Acquisition Cheques will be despatched to the Remaining Offer Shareholders whose names appeared on the register of members of the Company on 19 April 2021 by ordinary post at the risk of such Remaining Offer Shareholders on or around 30 April 2021. As a result of and with effect from the completion of the Compulsory Acquisition, the Company has become a wholly-owned subsidiary of the Offeror.

WITHDRAWAL OF LISTING OF THE SHARES

The Stock Exchange has approved the withdrawal of listing of the Shares from the Stock Exchange pursuant to Rule 6.15 of the Listing Rules. The last day of listing of the Shares on the Stock Exchange was 19 April 2021 and the listing of the Shares on the Stock Exchange will be withdrawn with effect from 9:00 a.m. on Tuesday, 20 April 2021.

Unless otherwise stated, all time references contained in this announcement are to Hong Kong time.

By Order of the board of

By Order of the Board of

Golden Vision Buyout Fund SPC

AMVIG Holdings Limited

acting for and on behalf of

Liu Shun Fai

Golden Vision Buyout Fund I SP

Executive Director

Wang Hui

Director

Hong Kong, 19 April 2021

As at the date of this joint announcement, the Board comprises Mr. Ge Su, Mr. Shen Shilin and Mr. Liu Shun Fai as executive Directors, Mr. Wang Hui and Mr. Yeoh Khai Sun as non-executive Directors, and Mr. Au Yeung Tin Wah, Ellis, Mr. Oh Choon Gan, Eric and Mr. Ching Yu Lung as independent non-executive Directors.

In the case of inconsistency, the English text of this joint announcement shall prevail over the Chinese text.

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AMVIG Holdings Limited published this content on 19 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 01:55:07 UTC.