Download Report

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.
MEGALOGIC TECHNOLOGY HOLDINGS LIMITED
宏創高科集團有限公司
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 8242)
INSIDE INFORMATION
CHANGE IN SHAREHOLDING OF A SUBSTANTIAL SHAREHOLDER
This announcement is made by the Company pursuant to Rule 17.10 of the Rules Governing the
Listing of Securities on the Growth Enterprise Market of The Stock Exchange of Hong Kong
Limited (the “GEM Listing Rules”) and Inside Information Provisions under Part XIVA of the
Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
The board of directors (the “Board”) of Megalogic Technology Holdings Limited (the
“Company”) announces that on 29 January 2015, the Company was informed by Vital Apex
Group Limited (“Vital Apex”), a substantial shareholder of the Company (as defined under the
GEM Listing Rules), that Vital Apex has acquired 23,000,000 ordinary shares of the Company
(the “Shares”) from China Rise Capital Company Limited (“China Rise”) at a price of HK$0.427
as at the date of this announcement (the “Transaction”). The 23,000,000 Shares under such
Transaction represents approximately 7.99% of the issued share capital of the Company. Before
the Transaction, Vital Apex owned 39,020,342 Shares, representing approximately 13.55% of
the issued share capital of the Company. Immediately after the completion of the Transaction,
Vital Apex owned 62,020,342 Shares, representing approximately 21.53% of the issued share
capital of the Company.
Mr. Wong Siu Pui (“Mr. Wong”) is the beneficial owner of the entire issued share capital of
Vital Apex, a company which was beneficially interested in 39,020,342 Shares before the
Transaction. Immediately after the completion of the Transaction, Vital Apex was beneficially
interested in 62,020,342 Shares. Besides, the spouse of Mr. Wong, Ms. Yang Min is the
beneficial owner of 11,375,000 Shares. Therefore Mr. Wong is deemed to be interested in the
11,375,000 Shares held by Ms. Yang Min under the Securities and Futures Ordinance.
Accordingly Mr. Wong is deemed to be interested in an aggregate of 73,395,342 Shares,
representing approximately 25.48% of the issued share capital of the Company.
China Rise is a wholly owned subsidiary of China Rise Finance Group Company Limited, and
an indirect wholly owned subsidiary of (i) Jin Dragon Holdings Limited; (ii) Essential Holdings
Limited; (iii) Cosmo Group Holdings Limited; and (iv) Symphony Holdings Limited, the shares
of which are listed on Main Board of The Stock Exchange of Hong Kong Limited with stock
code 1223. Accordingly, China Rise Finance Group Company Limited, Jin Dragon Holdings
Limited, Essential Holdings Limited, Cosmo Group Holdings Limited and Symphony Holdings
Limited were deemed to be interested in 23,000,000 Shares of the Company before the
1
Transaction. Immediately after the completion of the Transaction, China Rise did not hold any
Share.
Shareholders and potential investors should exercise caution when dealing in the securities
of the Company.
By order of the Board
Megalogic Technology Holdings Limited
Sung Tak Wing, Leo
Executive Director and Joint Company
Secretary
Hong Kong, 29 January 2015
As at the date of this announcement, the executive directors of the Company are Mr. Zhang Qing,
Mr. Li Kwei Chung and Dr. Sung Tak Wing Leo; the non-executive directors of the Company are
Mr. Ye Jian and Mr. Liu Kam Lung and the independent non-executive directors of the Company
are Mr. Chan Sun Kwong, Mr. Chiu Yu Wang and Mr. Ko Yin Wai.
This announcement, for which the directors of the Company (the “Directors”) collectively and
individually accept full responsibility, includes particulars given in compliance with the Rules
Governing the Listing of Securities on the Growth Enterprise Market of The Stock Exchange of
Hong Kong Limited for the purpose of giving information with regard to the Company. The
Directors, having made all reasonable enquires, confirm that to the best of their knowledge and
belief the information contained in this announcement is accurate and complete in all material
respects and not misleading or deceptive, and there are no other matters the omission of which
would make any statement herein or this announcement misleading.
This announcement will remain on the “Latest Company Announcements” page of the GEM
website at www.hkgem.com for at least 7 days from the date of its publication and on the
Company’s website at www.megalogic.com.hk.
2