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.
(Incorporated in Bermuda with limited liability)
(Stock Code: 583)
DISSOLUTION OF SUBSIDIARY
AND
UPDATED INFORMATION OF DIRECTOR
The board of directors (the "Board") of Great Wall Pan Asia Holdings Limited (the "Company", together with its subsidiaries, the "Group") would like to announce that the following wholly-owned subsidiary of the Company (the "Dissolution Company") has been dissolved by voluntary liquidation.
As Mr. Meng Xuefeng ("Mr. Meng"), an executive director, is the sole director of the Dissolution Company, this announcement is also made to provide the updated information of Mr. Meng pursuant to Rules 13.51(2)(l) and 13.51B(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").
The following table sets out the details of the Dissolution Company required to be disclosed pursuant to Rule 13.51(2)(l) of the Listing Rules:
Date on | ||||
Nature of | which the | |||
Company | business before | Method of | liquidation | |
Name | liquidation | dissolution | is made | Details |
Affleck Limited | Dormant | Member | 4 February 2021 | Affleck Limited is a limited company |
voluntary | incorporated in the British Virgin Islands | |||
winding up | ("BVI") and a direct wholly-owned | |||
subsidiary of the Company. As agreed by | ||||
the sole member of Affleck Limited (being | ||||
the Company), a voluntary liquidator was | ||||
appointed by the board of director for | ||||
dissolution of Affleck Limited by voluntary | ||||
liquidation under section 204(1)(b) of the | ||||
BVI Business Companies Act, 2004 on | ||||
4 February 2021. Affleck Limited was | ||||
dissolved by voluntary liquidation on 10 | ||||
February 2021 (being the issuance date | ||||
of the Certificate of Dissolution by The | ||||
Registrar of Corporate Affairs of the BVI). | ||||
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The Dissolution Company is not a principal subsidiary of the Company. The dissolution of the Dissolution Company has no adverse impact on the business operations and financial position of the Company or the Group as a whole.
Mr. Meng confirms that there is no wrongful act on his part leading to the dissolution of the Dissolution Company. He is not aware of any actual or potential claim that has been or will be made against him as a result of the dissolution of the Dissolution Company.
Save as disclosed above, there is no other information concerning the abovementioned matter that needs to be brought to the attention of the shareholders of the Company.
By Order of the Board
Great Wall Pan Asia Holdings Limited
HUANG Hu
Chairman
Hong Kong, 12 April 2021
As at the date of this announcement, the Board consists of Mr. Huang Hu, Mr. Xu Yongle and Mr. Meng Xuefeng as executive directors of the Company, Ms. Lv Jia as non-executive director of the Company, and Dr. Song Ming, Dr. Sun Mingchun and Ms. Liu Yan as independent non-executive directors of the Company.
- For identification purpose only
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Great Wall Pan Asia Holdings Limited published this content on 12 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2021 10:00:01 UTC.