![]() two guarantees in favour of 華夏銀行股份有限公司瀋陽和平支行 (Huaxia Bank Co., Ltd.two guarantees in favour of 中國進出口銀行遼寧省分行 (The Export-Import Bank of China (Liaoning Province Branch)*) (" Export-Import Bank") for the principal amounts of RMB289 million and RMB309 million, respectively.Provided several guarantees (collectively the " Unauthorized Guarantees") in favour of the following banks in China to secure loans to 華晨汽車集團控股有限公司 (Huachen Automotive Group Holdings Company Limited*) (" Huachen"), which is the controlling shareholder (within the meaning of the Rules Governing the Listing of Securities on the Stock Exchange) of the Company: An indirect wholly-owned subsidiary of the Company, namely 瀋陽金杯汽車工業控 股有限公司 (Shenyang JinBei Automotive Industry Holdings Co., Ltd.*) (" SJAI"), has Regarding unauthorized guarantees and resulting legal proceedingsĪs disclosed in the Announcement, additional time is required by the Company and its auditors (the " Auditors") to finalize the 2020 Annual Results, among others, the clarification of information relating to certain unauthorized guarantees and resulting legal proceedings involving a subsidiary of the Company.īased on information which has become available to the Company up to the date hereof, the following is a summary of the information:ġ. UPDATE ON DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS Reference is made to the announcement of the Company dated 31st March, 2021 (the " Announcement") in relation to the delay in publication of the announcement in relation to the annual results of the Group for the financial year ended 31st December, 2020 (the " 2020 Annual Results"), the postponement of the meeting of the board of directors of the Company (the " Board") and the suspension of trading in the shares of the Company on the Stock Exchange with effect from 9:00 a.m. This announcement is made by Brilliance China Automotive Holdings Limited (the " Company", together with its subsidiaries, the " Group") pursuant to Rules 13.09(2)(a) of the Rules (the " Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the " Stock Exchange") and the Inside Information Provisions (as defined under the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). ![]() DELAY IN DESPATCH OF THE ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER, 2020.FORMATION OF INDEPENDENT BOARD COMMITTEE AND INTENDED INDEPENDENT INVESTIGATION.UPDATE ON DELAY IN PUBLICATION OF THE 2020 ANNUAL RESULTS. ![]()
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