Important Notice:
- Approved by the China Securities Regulatory Commission under document [2015] 2766, China Merchants Shekou Industrial Zone Holdings Co., Ltd. (hereinafter referred to as "Shekou Holdings") will issue shares to absorb and merge with China Merchants Property Development Co., Ltd. (hereinafter referred to as "China Merchants Property" or "the Company") and raise supporting funds.
- Approved by the Shenzhen Stock Exchange, the Company's RMB ordinary shares (i.e., China Merchants Property A shares) will be delisted and removed from trading starting December 30, 2015.
- Approved by the Shenzhen Stock Exchange, Shekou Holdings A shares will be listed on the Shenzhen Stock Exchange main board on December 30, 2015, with the stock name "China Merchants Shekou" and stock code "001979". Shekou Holdings will soon announce the listing announcement and related documents; investors are advised to pay attention to relevant announcements.
- To fully protect the legal interests of dissenting shareholders of China Merchants Property, the share swap merger will be facilitated by China Merchants Industry Holdings Co., Ltd. providing cash options for A share dissenting shareholders, and China Merchants Group (Hong Kong) Co., Ltd. providing cash options for B share dissenting shareholders. The Company published the "Announcement on the Distribution and Implementation of Cash Options for the Absorption and Merger of China Merchants Shekou Industrial Zone Holdings Co., Ltd. and China Merchants Property Development Co., Ltd." on December 7, 2015, on the Shenzhen Stock Exchange website (www.szse.cn) and the Giant Tide Information website (www.cninfo.com.cn), and continuously published the "Notice on the Implementation of Cash Options for the Absorption and Merger of China Merchants Shekou Industrial Zone Holdings Co., Ltd. and China Merchants Property Development Co., Ltd." from December 11 to December 17, 2015. The declaration period for cash options is from December 11 to December 17, 2015, during trading hours from 9:30-11:30 AM and 1:00-3:00 PM. The Company published the "Announcement on the Results of Cash Option Declarations" on December 18, 2015.
- The Company's stocks (stock codes: 000024, 200024) have been suspended from trading since December 8, 2015. Subsequently, China Merchants Property shares will enter the cash option distribution, exercise declaration, and settlement phase, and will no longer be traded until the share swap is implemented and converted into Shekou Holdings shares listed and traded on the Shenzhen Stock Exchange. Investors are advised to take note.
- As the merging party and share swap implementer, Shekou Holdings will conduct the share swap for investors holding China Merchants Property shares through a securities conversion method. "Securities conversion" refers to converting the shares held by investors in China Merchants Property into the corresponding number of shares of Shekou Holdings according to the share swap ratio determined by the merger plan. After completing the securities conversion, Shekou Holdings will apply for listing on the Shenzhen Stock Exchange.
- After the completion of cash option distribution, China Merchants Property will enter the delisting process. Except for Shekou Holdings and its wholly-owned subsidiaries, Da Feng International, All Domain Investment, FOXTROT INTERNATIONAL LIMITED, and ORIENTURE INVESTMENT LIMITED (FOXTROT INTERNATIONAL LIMITED and ORIENTURE INVESTMENT LIMITED are wholly-owned subsidiaries indirectly controlled by Shekou Holdings), the shares held by original shareholders of China Merchants Property will be converted into shares of Shekou Holdings according to the swap ratio. On the share swap registration date (i.e., December 29, 2015), if investors have submitted the Company's shares as collateral for margin trading, the shares of China Merchants Property used as collateral will be converted into shares of Shekou Holdings after the securities conversion.
- Given the complexity of the B to A conversion, to simultaneously complete the conversion of China Merchants Property A and B shares into Shekou Holdings A shares and complete the initial registration of shares, the B shares have been delisted prior to the A shares since December 11, 2015. After the delisting of B shares, the China Securities Depository and Clearing Corporation Limited will no longer register the Company's B shares, and investors' securities accounts will no longer r