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 any securities of the Company.

DOYEN INTERNATIONAL HOLDINGS LIMITED ؇ვ਷ყછٰϞࠢʮ̡

(incorporated in Hong Kong with limited liability)

(Stock Code: 668)

FURTHER AMENDMENTS TO THE TERMS OF THE BOND

Reference is made to the announcements (the "Announcements") of Doyen International Holdings Limited (the "Company") dated 5 December 2014 and 20 January 2017 in relation to the issuance of bond in an aggregate principal amount of up to HK$195,000,000 by the Company to the Subscriber.

Unless the context requires otherwise, terms used herein shall have the same meanings as those defined in the Announcements.

INTRODUCTION

The Subscriber later transferred the Bond to the new Bondholder, Hua Sing (Cayman) Energy Holdings Limited, a company incorporated in the Cayman Islands with limited liability ("Hua Sing") on 7 January 2018. A deed poll was executed by the Company on 7 February 2018 (the "Deed Poll").

On 18 January 2019, the Company executed a supplemental deed (the "Supplemental Deed Poll") by way of deed poll pursuant to which the Company proposed to amend certain terms and conditions under the Subscription Agreement, the Supplemental Letter, the Supplemental Deed and the Deed Poll constituting the Bond (the "Amendments"). The Company and Hua Sing also executed the confirmation (the "Confirmation") to which the Company and Hua Sing consented and agreed the Amendments.

AMENDMENTS UNDER THE SUPPLEMENTAL DEED POLL

The principal terms of the Subscription Agreement and the Bond as further amended pursuant to the Supplemental Deed Poll are as follows:

the maturity date shall be 17 April 2019 or such later date as agreed by the Bondholder(s) and the Company, which shall not be a date which falls after 17 April 2021 (the "Maturity Date"). The Company may, by notice in writing to the Bondholder(s) (the "Extension Notice") extend the Maturity Date to a date no later than 3 months from the Maturity Date (in no event should the Maturity Date fall on a date after 17 April 2021) as last agreed by the Bondholder(s) and the Company, subject to the written consent of all the Bondholder(s). The Extension Notice shall be served by the Company at least 20 Business Days prior to the Maturity Date as last agreed by the Bondholder(s) and the Company.

By order of the Board

Doyen International Holdings Limited

Cho Chun Wai

Company Secretary and Executive Officer

Hong Kong, 18 January 2019

As at the date of this announcement, the Board comprises Mr. Lo Siu Yu (Chairman), Mr. Tai Xing (Chief Executive Officer) and Mr. Cho Chun Wai as executive Directors; Ms. Luo Shaoying (Vice Chairman), Mr. Pan Chuan and Mr. Qin Hong as non-executive Directors; and Mr. Chan Ying Kay, Dr. Zhu Wenhui and Mr. Wang Jin Ling as independent non-executive Directors.

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Doyen International Holdings Limited published this content on 18 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 January 2019 10:13:10 UTC